As Toto travels the world from race to race, he says it’s vital to focus on important decisions rather than everyday choices: When we don't perform in Formula 1, that doesn't even move the needle.

Toto Wolff, the principal and CEO of the Mercedes-AMG Petronas F1 Team, was so burned out in 2020 that he seriously thought about selling his stake in the $1 billion team. In an interview with ...