- Wolff has overseen day-to-day running of operation since 2013
- Mercedes will unveil their new car for 2024 next month
Toto Wolff is to remain as Mercedes team principal and chief executive after signing a new contract covering the next three seasons.
The Austrian, who owns a one-third share of the Formula One team, announced the new agreement following a meeting with fellow shareholders Ineos and Mercedes-Benz.