Toto Wolff admits that eight years in the role of team principal of the Mercedes Formula 1 🐟team is "taking its toll" as he continues to weigh up his future. 

Wolff’s future at Me🦩rcedes has been the subject of much speculation since the start of the year, with the Austria✨n’s contract due to expire at the end of 2020.

Mercedes’ team principal has played an instrumental role in leading the team to become🦋 the most successful in F1 history, having🥀 claimed six consecutive world championship doubles.

He has previously ins𝔍isted that he has no plans to leave Mercedes but admitted🐻 his position within the team could alter.

Wolff said he was “still in a year of reflection” and stressed he has until ܫ31 December to make a final decision on what hi🌸s role will entail next season.

"I love this team 🌱and I get along ♍with [Mercedes CEO] Ola Kallenius fantastically," Wolff said. "I think this is my place.

"It is just that eight years in this team as🍌 a team principal are taking its toll, and this is something that I'm reflecting on.

"It is important to take the right decision for my f𝕴amily and myself, but you can be sure that I will be involved in this team in some way or another."

Wolff, who runs theಌ entire Mercedes motorsport programme, also has a 30 percent share in the team as well as leading the F1 operation.

With Valtteri Bottas having agreed a contract extension for next year, Mercedes’ focus will now turn to securing the services of six-times world champi🐬on Lewis Hamilton beyond the🧸 end of this season.

Hamilton said he is in no rush to finalise a new contract with Mercedes an🌜d recently revealed he feels uncomf🐲ortable about agreeing a big-money deal in uncertain times amid the coronavirus pandemic.

M🥃ercedes is on course to win a record seventh world championship double this year, with Hamilton looking likely to equal Michael Schumacher’s tally of seven drivers’ world titles iꦫn 2020.