Index: lld/ELF/Driver.cpp
===================================================================
--- lld/ELF/Driver.cpp
+++ lld/ELF/Driver.cpp
@@ -2246,6 +2246,14 @@
     Symbol *real = addUnusedUndefined(saver().save("__real_" + name));
     Symbol *wrap =
         addUnusedUndefined(saver().save("__wrap_" + name), sym->binding);
+
+    // If sym is lazy change the binding to weak. This allows a
+    // wrap function to be supplied which references sym via real
+    // and a --wrap sym option, and for these to only have an effect
+    // if sym has been included in the link.
+    if (sym->isLazy())
+        sym->binding = STB_WEAK;
+
     v.push_back({sym, real, wrap});
 
     // We want to tell LTO not to inline symbols to be overwritten
Index: lld/test/ELF/wrap-extract-real.ll
===================================================================
--- /dev/null
+++ lld/test/ELF/wrap-extract-real.ll
@@ -0,0 +1,26 @@
+# REQUIRES: x86
+## Show that the link succeeds if wrapped symbol foo is not included in the link.
+
+# RUN: rm -rf %t && split-file %s %t
+# RUN: llvm-as %t/a.ll -o %t/a.o
+# RUN: llvm-as %t/b.ll -o %t/b.o
+# RUN: ld.lld %t/a.o --start-lib %t/b.o --end-lib --wrap foo -o /dev/null --trace 2>&1 | FileCheck %s
+
+CHECK-NOT: t.a
+
+#--- a.ll
+target datalayout = "e-m:e-p270:32:32-p271:32:32-p272:64:64-i64:64-f80:128-n8:16:32:64-S128"
+target triple = "x86_64-elf"
+define void @_start() {
+  call void @__real_foo()
+  ret void
+}
+
+declare void @__real_foo()
+
+#--- b.ll
+target datalayout = "e-m:e-p270:32:32-p271:32:32-p272:64:64-i64:64-f80:128-n8:16:32:64-S128"
+target triple = "x86_64-elf"
+define void @foo() {
+  ret void
+}
Index: lld/test/ELF/wrap-extract-real.s
===================================================================
--- /dev/null
+++ lld/test/ELF/wrap-extract-real.s
@@ -0,0 +1,14 @@
+# REQUIRES: x86
+## Show that the link succeeds if wrapped symbol foo is not included in the link.
+
+# RUN: rm -rf %t && split-file %s %t
+# RUN: llvm-mc -filetype=obj -triple=x86_64 %t/a.s -o %t/a.o
+# RUN: llvm-mc -filetype=obj -triple=x86_64 %t/b.s -o %t/b.o
+# RUN: ld.lld %t/a.o --start-lib %t/b.o --end-lib -o %t/a --wrap foo -o /dev/null --trace 2>&1 | FileCheck %s
+
+CHECK-NOT: t.a
+#--- a.s
+.globl _start; _start:; call __real_foo
+
+#--- b.s
+.global foo; foo:; ret