1 00:00:00,000 --> 00:00:01,680 Speaker 1: There's a lot to talk about here John as we 2 00:00:01,720 --> 00:00:05,800 Speaker 1: get to Toto Wolf Team Principal CEO of Mercedes. But John, 3 00:00:06,120 --> 00:00:07,720 Speaker 1: the real issue here to me, and I'm gonna do 4 00:00:07,760 --> 00:00:10,800 Speaker 1: a little bit more Spanner and cispar. 5 00:00:10,720 --> 00:00:12,080 Speaker 2: I was reading about the SUSPEC. 6 00:00:12,080 --> 00:00:16,239 Speaker 1: Okay, the side impact bar is very, very important for 7 00:00:16,360 --> 00:00:18,360 Speaker 1: all these different cars. 8 00:00:18,400 --> 00:00:19,279 Speaker 3: I look forward to flex. 9 00:00:20,600 --> 00:00:20,919 Speaker 2: Thank you. 10 00:00:21,040 --> 00:00:23,079 Speaker 1: This is more of an engineering discussion. 11 00:00:23,079 --> 00:00:23,760 Speaker 4: You're looking at it. 12 00:00:23,800 --> 00:00:26,400 Speaker 3: Maybe, well, we've got is not running away from the camera. 13 00:00:26,560 --> 00:00:29,720 Speaker 3: Joined us now Total Wolf Team Principal and CEO of 14 00:00:29,800 --> 00:00:34,120 Speaker 3: Mercedes AMG Patrona's Formula one Total fantastically catch up with you, sir. 15 00:00:34,440 --> 00:00:36,600 Speaker 3: Let's just start with this new racetrack. We've spoken to 16 00:00:36,600 --> 00:00:38,720 Speaker 3: a couple of people about it already. What kind of 17 00:00:38,720 --> 00:00:41,040 Speaker 3: feedback total are you getting from the drivers on the 18 00:00:41,080 --> 00:00:42,680 Speaker 3: simulator going into race weekend? 19 00:00:43,960 --> 00:00:45,920 Speaker 2: First about good morning, good morning to New York. 20 00:00:45,960 --> 00:00:49,919 Speaker 4: We can also talk side in PIC structures if you wish, 21 00:00:50,120 --> 00:00:52,760 Speaker 4: you're gonna you're gonna lose some of your some of 22 00:00:52,800 --> 00:00:54,160 Speaker 4: your audiences. 23 00:00:54,520 --> 00:00:58,000 Speaker 2: Yeah, I'm skilled with that. Yeah, we can jump on 24 00:00:58,000 --> 00:00:58,640 Speaker 2: a separate call. 25 00:00:58,680 --> 00:01:02,000 Speaker 4: I'll tell you so the drivers have been in the 26 00:01:02,040 --> 00:01:04,760 Speaker 4: simulated and I spoke to Lewis last week when we 27 00:01:04,840 --> 00:01:08,520 Speaker 4: had a meeting in the factory and he said, as 28 00:01:08,560 --> 00:01:12,320 Speaker 4: trade is so long and impressive, but we don't really 29 00:01:12,360 --> 00:01:14,880 Speaker 4: know what to expect because, as you mentioned before, we're 30 00:01:14,920 --> 00:01:19,240 Speaker 4: racing between ten and twelve local time. Nevada nights, I've 31 00:01:19,280 --> 00:01:22,319 Speaker 4: heard can be pretty pretty cold, and the only night 32 00:01:22,400 --> 00:01:26,199 Speaker 4: racing experience that we have is Singapore and a little 33 00:01:26,200 --> 00:01:29,160 Speaker 4: bit of the Middle East, but obviously never on a 34 00:01:29,200 --> 00:01:35,400 Speaker 4: new track close to five degree cent degree with Caarella 35 00:01:35,480 --> 00:01:37,760 Speaker 4: tires that have never experienced these kind of temperatures. 36 00:01:37,800 --> 00:01:39,959 Speaker 3: It just raised some questions as to why it's being 37 00:01:40,000 --> 00:01:42,240 Speaker 3: hosted at this time of the year, at this time 38 00:01:42,280 --> 00:01:44,240 Speaker 3: of night. So how did that come about and would 39 00:01:44,280 --> 00:01:45,600 Speaker 3: you push for a change next season? 40 00:01:46,880 --> 00:01:51,240 Speaker 4: Well, obviously Las Vegas stands for entertainment and show and 41 00:01:52,040 --> 00:01:54,680 Speaker 4: Liberty came up with the plan, which is great. To 42 00:01:54,720 --> 00:01:57,400 Speaker 4: be honest, we've not raced in Las Vegas for a 43 00:01:57,400 --> 00:02:02,160 Speaker 4: long time, certainly not in modern form one and going 44 00:02:02,240 --> 00:02:05,120 Speaker 4: there with this new format in the night, it's going 45 00:02:05,160 --> 00:02:08,400 Speaker 4: to be spectacular. I think it's pin said before. The 46 00:02:08,440 --> 00:02:11,480 Speaker 4: track is brained new. That means the surface can be 47 00:02:11,880 --> 00:02:16,280 Speaker 4: quite greasy or oily because that's what asphal do does 48 00:02:16,320 --> 00:02:19,400 Speaker 4: when it's new. We haven't raised in those temperatures, as 49 00:02:19,400 --> 00:02:21,640 Speaker 4: I said before, but in any case, it's going to 50 00:02:21,680 --> 00:02:24,679 Speaker 4: be a big spectacle. I don't know whether we will 51 00:02:24,720 --> 00:02:27,160 Speaker 4: be sliding around or whether the track is going to 52 00:02:27,200 --> 00:02:30,079 Speaker 4: be really grippy, but we shall find out in a 53 00:02:30,120 --> 00:02:30,600 Speaker 4: few days. 54 00:02:30,639 --> 00:02:33,200 Speaker 3: We've been talking about qualifying and the prospect of maybe 55 00:02:33,240 --> 00:02:35,640 Speaker 3: needing to do two three laps to get tires up 56 00:02:35,680 --> 00:02:37,400 Speaker 3: to whats more temperature to put in that quick a 57 00:02:37,440 --> 00:02:39,520 Speaker 3: slap to any thoughts on that at this point. 58 00:02:41,520 --> 00:02:44,600 Speaker 4: Yeah, we've had it in the past that sometimes you 59 00:02:44,760 --> 00:02:47,480 Speaker 4: just needed to slowly warm up the tires because if 60 00:02:47,480 --> 00:02:49,600 Speaker 4: you push them too hard at the beginning, they grain, 61 00:02:49,760 --> 00:02:51,800 Speaker 4: you know, then you slide over the surface. 62 00:02:51,840 --> 00:02:53,000 Speaker 2: The grip is never going to come. 63 00:02:53,240 --> 00:02:55,840 Speaker 4: So bringing them in, driving them carefully, getting them up 64 00:02:55,880 --> 00:03:00,799 Speaker 4: to temperature, and that could last a few laps, depending 65 00:03:00,840 --> 00:03:03,720 Speaker 4: and we're getting a little bit technical here, and depending 66 00:03:03,720 --> 00:03:06,840 Speaker 4: on how much you heat your rims and your breaks beforehand. 67 00:03:06,840 --> 00:03:09,520 Speaker 4: And teams have various concepts. They don't want to have 68 00:03:09,680 --> 00:03:13,360 Speaker 4: the front tires pretty cool and long lasting, or you 69 00:03:13,440 --> 00:03:15,920 Speaker 4: heat them a lot, which gives you a grip for 70 00:03:15,960 --> 00:03:18,400 Speaker 4: a single lab for qualifying, but obviously harms them for 71 00:03:18,400 --> 00:03:18,720 Speaker 4: the race. 72 00:03:18,840 --> 00:03:21,119 Speaker 3: It could be chaos or it could be really exciting 73 00:03:21,400 --> 00:03:23,639 Speaker 3: one or the other. It goes to a conversation we've 74 00:03:23,639 --> 00:03:26,240 Speaker 3: been having all season on this program total just how 75 00:03:26,280 --> 00:03:30,960 Speaker 3: you balance pursuing commercial gains without compromising race quality. What 76 00:03:31,000 --> 00:03:32,840 Speaker 3: do you make in the current balance of Formula one. 77 00:03:34,480 --> 00:03:37,720 Speaker 4: I think we had that balance to cope with that 78 00:03:37,760 --> 00:03:40,440 Speaker 4: balance for a long time, and I think why we 79 00:03:40,520 --> 00:03:44,960 Speaker 4: love the sport so much is because it's honest. Entertainment 80 00:03:45,080 --> 00:03:50,000 Speaker 4: follow sport. We're not designing regulations or content because we 81 00:03:50,960 --> 00:03:54,600 Speaker 4: want to create scripted content with a certain outcome, with 82 00:03:54,720 --> 00:03:58,960 Speaker 4: a certain degree of non variability. 83 00:03:59,040 --> 00:04:00,680 Speaker 2: We're doing this. We launch ourselves. 84 00:04:00,680 --> 00:04:04,360 Speaker 4: There's technical regulations, they're sporting regulations, and then off you 85 00:04:04,480 --> 00:04:05,280 Speaker 4: go with a. 86 00:04:05,240 --> 00:04:06,960 Speaker 2: Certain we'rein a certain. 87 00:04:06,640 --> 00:04:09,760 Speaker 4: Framework of cost cap, which is similar to the salary 88 00:04:09,800 --> 00:04:12,960 Speaker 4: cap in some of the US leagues. Everybody has the 89 00:04:13,000 --> 00:04:16,080 Speaker 4: same starting point, and then we launch ourselves into this. 90 00:04:16,240 --> 00:04:21,440 Speaker 4: So it's honest to stop watch never lies, and therefore 91 00:04:21,480 --> 00:04:22,760 Speaker 4: the entertainment's follow suit. 92 00:04:23,040 --> 00:04:25,400 Speaker 3: And yet we go through these periods of dominance. We 93 00:04:25,440 --> 00:04:28,200 Speaker 3: saw it with Ferrari like nineties early two thousands. We 94 00:04:28,240 --> 00:04:30,560 Speaker 3: saw it with you Mercedes for a long time as well, 95 00:04:30,760 --> 00:04:33,520 Speaker 3: and now with Red Bull. So Lewis has said recently 96 00:04:33,520 --> 00:04:35,280 Speaker 3: in the last couple of days, the red Bull is 97 00:04:35,520 --> 00:04:37,240 Speaker 3: so far away. I think they're probably going to be 98 00:04:37,400 --> 00:04:39,599 Speaker 3: very clear for the next couple of years. From your 99 00:04:39,640 --> 00:04:42,880 Speaker 3: standpoint as team principle is that a realistic assessment of 100 00:04:42,960 --> 00:04:45,799 Speaker 3: the future, the next couple of seasons. 101 00:04:45,960 --> 00:04:48,799 Speaker 2: Where we're giving it all to break a psyche. 102 00:04:49,000 --> 00:04:52,000 Speaker 4: Like you said, we had five years of dominance of 103 00:04:52,080 --> 00:04:54,800 Speaker 4: Ferrari and we had a short spell of Red balland 104 00:04:54,800 --> 00:04:57,400 Speaker 4: then it was us eight times in a row. And 105 00:04:57,960 --> 00:05:00,719 Speaker 4: now it's the second Constructor Championship for a pull or 106 00:05:00,720 --> 00:05:03,839 Speaker 4: the third Drivate Championship with an indeed very good driver. 107 00:05:04,320 --> 00:05:07,920 Speaker 4: So we are, you know, with all we have back 108 00:05:07,960 --> 00:05:10,640 Speaker 4: in effect and at the racetrack we're trying to come 109 00:05:10,760 --> 00:05:14,039 Speaker 4: up with a car and with an execution that is 110 00:05:14,200 --> 00:05:16,320 Speaker 4: as good as it can be, and we have an 111 00:05:16,360 --> 00:05:19,560 Speaker 4: ext cycle of regulatory engine twenty twenty six. But we've 112 00:05:19,560 --> 00:05:20,839 Speaker 4: got to turn this around there. 113 00:05:21,160 --> 00:05:23,880 Speaker 1: Well for this race, and I think total Wolf it's 114 00:05:24,000 --> 00:05:26,839 Speaker 1: it's very clear. There's three late races left Las Vegas 115 00:05:27,040 --> 00:05:28,800 Speaker 1: and then back over to the Middle East Cutter in 116 00:05:28,839 --> 00:05:32,520 Speaker 1: Abu Dhabi. Are you racing right now for next year? 117 00:05:34,279 --> 00:05:36,960 Speaker 2: Yes, we have done for quite some while. 118 00:05:37,400 --> 00:05:41,920 Speaker 4: We're still fighting for the second championship in a constructor championship. 119 00:05:42,000 --> 00:05:45,920 Speaker 4: We are second at the moment and Ferrari behind us, 120 00:05:46,000 --> 00:05:50,720 Speaker 4: so that's an interesting one. But you know, deep down, 121 00:05:51,040 --> 00:05:53,800 Speaker 4: second or third, third place doesn't matter. We've got to 122 00:05:54,440 --> 00:05:57,400 Speaker 4: with all humility fight for the front. And that's why 123 00:05:57,480 --> 00:06:00,359 Speaker 4: many months ago already we've switched and which was too 124 00:06:00,360 --> 00:06:01,599 Speaker 4: a new county totally. 125 00:06:01,640 --> 00:06:06,799 Speaker 1: There's a phenomenal photo of three Austrians, Nikki lauda total wolf, 126 00:06:06,800 --> 00:06:10,400 Speaker 1: and a guy named Schwarzeneger. It's a really really cool photo. 127 00:06:10,480 --> 00:06:13,120 Speaker 1: And to take what Arnold Schwarzenegger did and all of 128 00:06:13,160 --> 00:06:17,080 Speaker 1: our American audience remove from F one understands Italie in here. 129 00:06:17,480 --> 00:06:21,120 Speaker 1: When you look at the showbiz a Formula one, the 130 00:06:21,240 --> 00:06:24,760 Speaker 1: Netflix success of which you're a star, his Formula one 131 00:06:24,920 --> 00:06:28,280 Speaker 1: gone two showbiz in twenty twenty three. 132 00:06:29,960 --> 00:06:32,479 Speaker 4: Obviously, you know there's a few Austrians of us that 133 00:06:32,600 --> 00:06:38,279 Speaker 4: have gone beyond beyond the country, and Schwartzenegger probably the biggest. 134 00:06:38,320 --> 00:06:42,560 Speaker 4: And I was lucky enough to be very close friends 135 00:06:42,560 --> 00:06:45,279 Speaker 4: with Nikki and we traveled the world around ys function 136 00:06:45,360 --> 00:06:48,240 Speaker 4: as chairman of the team and there were very valuable 137 00:06:48,360 --> 00:06:52,599 Speaker 4: lessons that I could learn. Did we go beyond the 138 00:06:52,680 --> 00:06:54,880 Speaker 4: spots too much entertainment? I don't think so. 139 00:06:55,880 --> 00:06:56,159 Speaker 2: We have. 140 00:06:56,600 --> 00:06:59,720 Speaker 4: We're trying different formats with the spring race weekends and 141 00:06:59,760 --> 00:07:01,960 Speaker 4: all Las Vegas racing in the night, and if it 142 00:07:02,040 --> 00:07:06,280 Speaker 4: needs calibration to provide a better show whilst staying true 143 00:07:06,400 --> 00:07:09,360 Speaker 4: to our values of the honest spot, I think we've 144 00:07:09,360 --> 00:07:09,840 Speaker 4: got to try. 145 00:07:09,920 --> 00:07:11,240 Speaker 2: But the core product, the. 146 00:07:11,160 --> 00:07:16,200 Speaker 4: Grandkre on Sunday, within the regulations, financial, technical and spotting 147 00:07:16,280 --> 00:07:18,560 Speaker 4: is always what Formula one has been all about. 148 00:07:18,760 --> 00:07:21,560 Speaker 3: Let's finish on the prospective expansion the TOTO. I believe 149 00:07:21,560 --> 00:07:24,240 Speaker 3: you've been against the expansion of the grid. Do you 150 00:07:24,240 --> 00:07:25,960 Speaker 3: think it's now ultimately inevitable? 151 00:07:27,640 --> 00:07:29,840 Speaker 4: I think we The ten teams that have been in 152 00:07:29,840 --> 00:07:32,240 Speaker 4: the spot have been so for a long long time. 153 00:07:33,000 --> 00:07:35,280 Speaker 4: The smaller teams or midfield teams have gone through a 154 00:07:35,320 --> 00:07:38,240 Speaker 4: lot of hardship a few years ago when COVID struck, 155 00:07:39,040 --> 00:07:41,720 Speaker 4: but in any case they fought for survival and here 156 00:07:41,760 --> 00:07:43,360 Speaker 4: we are with the cost cap kicking in. 157 00:07:44,320 --> 00:07:46,480 Speaker 2: The teams have most of the teams have done. 158 00:07:46,320 --> 00:07:51,840 Speaker 4: Into profitability and finally are in a sustainable way in continuing. 159 00:07:51,880 --> 00:07:53,160 Speaker 2: But that is not a given. 160 00:07:53,400 --> 00:07:55,480 Speaker 4: You know, we are on high at the moment, and 161 00:07:56,040 --> 00:07:59,280 Speaker 4: therefore we've got to respect what the FA and the 162 00:07:59,280 --> 00:08:02,720 Speaker 4: commercial right holder are going to decide whether they want 163 00:08:02,760 --> 00:08:05,400 Speaker 4: to have an additional team joining. And obviously if we 164 00:08:05,440 --> 00:08:07,240 Speaker 4: are being asked to saying, as long as it's a 165 00:08:07,320 --> 00:08:10,440 Speaker 4: creative for the show, as long as we provide a 166 00:08:10,040 --> 00:08:14,480 Speaker 4: better entertainment, more income, why would any team be against it. 167 00:08:14,520 --> 00:08:17,880 Speaker 4: But fundamentally it's somebody else that decides Total. 168 00:08:17,920 --> 00:08:19,960 Speaker 3: It's wonderful to catch up with you, sir going into 169 00:08:20,080 --> 00:08:22,080 Speaker 3: race weekend. Good luck to you with the team. I'm 170 00:08:22,080 --> 00:08:24,320 Speaker 3: looking forward to watching the race over the weekend. Thank 171 00:08:24,360 --> 00:08:27,080 Speaker 3: you for being with us. Total Welfare Team Principle and 172 00:08:27,240 --> 00:08:30,360 Speaker 3: CEO of Mercedes AMG Patronus F one