Which three time world champion is the non-executive chairman of the Mercedes AMG Petronas Formula One Team?
Toto Wolff WilliamsF1 to become an executive director of the Mercedes AMG Petronas Formula One Team, with his business partner Rene Berger becoming non-executive director. In addition to joining the team as managing partner, he also acquired 30% of Mercedes-Benz Grand Prix Ltd, with a further 10% held by Niki Lauda and 60% by the parent company. Wolff took over the co-ordination of all Mercedes-Benz motorsport activities, a responsibility previously held by Norbert Haug. In 2014, Wolff sold 10% of Williams to American businessman Brad Hollinger. On 9 March 2016, Wolff sold his remaining 5% shares in the Williams team. As co-owner
Petronas sponsors all Mercedes-AMG DTM cars since 2011 season (replacing Mobil 1) for only providing the lubricants. Since 2010, PETRONAS is also the main sponsor of Mercedes Grand Prix team. Mercedes AMG Petronas Motorsports won F1 Constructors' Champion for the 4th time consecutively in 2017 Formula One Season after the team won it previously in 2016 Formula One Season, 2015 Formula One Season and 2014 Formula One season. PETRONAS awards education sponsorships in the form of convertible loans to Malaysian and international students to further their studies at local or foreign universities. The PETRONAS unit that is responsible for handling education