{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Cheeky Pint","title":"How Toto Wolff built the most valuable team in F1","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/62d31fa0\"></iframe>","width":"100%","height":180,"duration":4286,"description":"Toto Wolff, Team Principal and Co-Owner of the Mercedes-AMG PETRONAS F1 Team, joins John Collison for a pint to discuss the engineering, management, and economics behind modern Formula 1. Toto breaks down how Mercedes spots generational driver talent as early as age eight, why they enforce a strict \"No Dickheads\" hiring policy across 2,500 employees, and how the F1 cost cap transformed racing teams into $1B+ assets. He also shares his early career as a dot-com investor, the team’s \"Navy SEALs\" approach to car development, and why he believes live sports are immune to AI disruption.\n\nTimestamps\n(00:00:22) Spotting driver talent\n(00:06:24) Engineering and team selection\n(00:09:11) The F1 cost cap\n(00:25:21) Toto’s early investing career\n(00:38:15) Running Mercedes as an owner\n(00:46:47) Why F1 team values exploded\n(01:08:24) Succession planning","thumbnail_url":"https://img.transistorcdn.com/yxGTFiQoO_yf4AoNETaTqI0qZ7bnSJakdxQ_jGkRaug/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82ZGFk/ODk1OGE5Y2ExZjc5/MGMxNjYwOWQxYjdi/YTlkYy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}