Verstappen dominated the race from start to finish, claiming his fifth victory of the 2023 season and his third victory at the Circuit de Barcelona-Catalunya.
George Russell, the Mercedes Formula 1 star, was watching the World No. 1's match from the stands when they crossed paths.
Wolff later acknowledged that the W14's improved performance in Melbourne may have been track-specific.
The Spaniard was defiant, though, and claimed that if he had known about the fine, he would have pulled ahead of the car in back by 11 seconds.
Mercedes failed to get on the podium in Bahrain as Hamilton finished P5 and teammate George Russell finished P7.
After George Russell broke down on the track on the second day of official preseason testing in Bahrain, the Mercedes F1 team had a "disastrous" finish.
Toto Wolff stated to F1.TV earlier in the day that the W14 had not been acting as the team and drivers would have liked.
Russell appeared perplexed by the FIA directive, claiming that something like this made no sense in any manner.
The team's new machine for the 2023 season was tested by George Russell before any other driver.
After spending 2022 in their more conventional silver scheme, Mercedes' newest model represents a return to black.