Walter Wolf (industrialist)
Encyclopedia
Walter Wolf is a Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 oil-drilling equipment
Oil platform
An oil platform, also referred to as an offshore platform or, somewhat incorrectly, oil rig, is a lаrge structure with facilities to drill wells, to extract and process oil and natural gas, and to temporarily store product until it can be brought to shore for refining and marketing...

 supplier who in the early 1970s made a fortune from the North Sea oil
North Sea oil
North Sea oil is a mixture of hydrocarbons, comprising liquid oil and natural gas, produced from oil reservoirs beneath the North Sea.In the oil industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the...

 business and decided to join the world of Formula One
Formula One
Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship, is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile . The "formula" designation in the name refers to a set of rules with which...

 (F1) motor racing.

Wolf was born in Graz
Graz
The more recent population figures do not give the whole picture as only people with principal residence status are counted and people with secondary residence status are not. Most of the people with secondary residence status in Graz are students...

, Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

. His mother was a Slovene from Lower Styria
Lower Styria
Lower Styria or Slovenian Styria is a traditional region in northeastern Slovenia, comprising the southern third of the former Duchy of Styria. The population of Lower Styria in its historical boundaries amounts to around 705,000 inhabitants, or 34.5% of the population of Slovenia...

, while his father was an Austrian
Austrians
Austrians are a nation and ethnic group, consisting of the population of the Republic of Austria and its historical predecessor states who share a common Austrian culture and Austrian descent....

. After the Anschluss
Anschluss
The Anschluss , also known as the ', was the occupation and annexation of Austria into Nazi Germany in 1938....

, the family moved to the Kingdom of Yugoslavia
Kingdom of Yugoslavia
The Kingdom of Yugoslavia was a state stretching from the Western Balkans to Central Europe which existed during the often-tumultuous interwar era of 1918–1941...

. Wolf spent his childhood in Maribor
Maribor
Maribor is the second largest city in Slovenia with 157,947 inhabitants . Maribor is also the largest and the capital city of Slovenian region Lower Styria and the seat of the Municipality of Maribor....

, Slovenia. After his father returned from a Soviet military international camp in 1951, the family moved to Wuppertal
Wuppertal
Wuppertal is a city in North Rhine-Westphalia, Germany. It is located in and around the Wupper river valley, and is situated east of the city of Düsseldorf and south of the Ruhr area. With a population of approximately 350,000, it is the largest city in the Bergisches Land...

 in West Germany
West Germany
West Germany is the common English, but not official, name for the Federal Republic of Germany or FRG in the period between its creation in May 1949 to German reunification on 3 October 1990....

. In 1958, they moved to Canada.

In Canada, Wolf became a renowned businessman. At first his funds helped prop up Frank Williams' fledgling F1 team before Williams left in 1977 to form Williams Grand Prix Engineering (later the Williams F1
WilliamsF1
Williams Grand Prix Engineering Limited, trading as AT&T Williams, is a British Formula One motor racing team and constructor. It was founded and run by Sir Frank Williams and Patrick Head...

) team. Wolf's team continued as Walter Wolf Racing
Walter Wolf Racing
Walter Wolf Racing was a Formula One constructor from 1977 to 1980, notable for winning the very first race the team entered.-1975-77:In 1975, the Slovenian-Austrian-Canadian businessman Walter Wolf had started to appear at many of the F1 races during the season. A year later, he bought 60% of...

and before being wound up
Liquidation
In law, liquidation is the process by which a company is brought to an end, and the assets and property of the company redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation...

 in 1979 managed to win three F1 Grands Prix.

In 1993 Wolf helped finance the unsuccessful US Fire Apparatus company Firewolf Industries, housed in a former Piper Aircraft factory building near Lakeland
Lakeland, Florida
Lakeland is a city in Polk County, Florida, United States, located approximately midway between Tampa and Orlando along Interstate 4. According to the 2008 U.S. Census Bureau estimate, the city had a population of 94,406...

, Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...

, US. The actor and vintage car collector L. Christian Mixon worked as a sales manager for this company briefly in 1993.

Walter Wolf was inducted into the Canadian Motorsport Hall of Fame
Canadian Motorsport Hall of Fame
The Canadian Motorsport Hall of Fame was founded in 1993 by Lee Abrahamson and Gary Magwood assisted by Len Coates to celebrate the accomplishments and contributions of the Canadian motorsport community....

 in 1998.

In 2008, he was involved in the so-called Patria affair, a corruption scandal involving the Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 company Patria
Patria (company)
Patria is a Finnish company which produces a wide range of defence, aviation and aerospace technology. It carries on the firearms tradition of Valtion Kivääritehdas and the aerospace tradition of Valtion lentokonetehdas.-Patria Aviation:* NH90* Mini-UAVs...

. The Finnish broadcasting company YLE's investigative program MOT made claims that he was a mediator in the paying of bribes to Slovenian government officials, including Prime Minister Janez Janša
Janez Janša
Janez Janša is a Slovenian politician who was Prime Minister of Slovenia from November 2004 to November 2008. He has also been President of the Slovenian Democratic Party since 1993...

. Both Wolf and Janša rejected all accusations as being untrue. Finnish police issued an arrest warrant against him, but so far he has not been apprehended.

Cigarette brand

The Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...

n tobacco company Adris grupa
Adris grupa
Adris grupa is the largest tobacco company in Croatia and one of the largest in the Balkans. It is made up of two strategic business units: Tobacco and Tourism. The Tobacco unit companies involves: TDR d.o.o, Istragrafika d.d , Hrvatski duhani d.d...

markets one of its cigarette brands as Walter Wolf.
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