Grove, Sunday: The Williams Formula One team proudly revealed this week that a minority stake in their team had been sold to a wolf, after many years of fierce resistance to the prospect of selling off any part of the company.

Snappy: New Williams stakeholder Toto
Snappy: New Williams stakeholder Toto

The wolf, who is apparently named Toto and is from Austria, will now sit on the company’s board as well as managing his own interests including other investments, and a part-time drive in the FIA GT Series and Austrian Rally Championship.

Team principal Frank Williams welcomed the move as a positive step for the team, although he did admit that it may prove difficult to obtain a paddock pass for the team’s newest member.

“Those with long memories will recall a similar association to this in the past,” Williams said, “although we can confirm that this wolf has nothing to do with the old one.

“Furthermore, they say that every dog is only two meals away from becoming a wolf,” Williams continued, “and over the last few years we’ve continually produced dogs. So this move is quite fitting, in its way.”

Toto also expressed his pleasure at having concluded the deal, barking enthusiastically as he turned to ravage a group of passing rabbits.

Toto is not the first animal to have an involvement with Formula One: Ferrari famously saw its most successful years under the leadership of an irritable toad, and Brabham was once run by a weasel, before he left to make a career on the commercial side of the sport.

This article may or may not have been based on a complete misunderstanding of last week’s F1 news.