More Ferrari News

Helmut Marko Echoes Fred Vasseur’s Words as Mercedes’ Formula for Success Becomes Key Focus Following Summer Break

Mercedes’ resurgence challenges Red Bull and Ferrari, as teams scramble to keep up in the evolving F1 season.
Helmut Marko & Frederic Vasseur

George Russell Path Open for Carlos Sainz as $10.8 Million Deal With Williams Leaves Mercedes Option on the Table

Carlos Sainz joins Williams for 2025, ending suspense and paving the way for a dynamic pairing with Albon; boss James Vowles is optimistic.
Australian Grand Prix

Suffering From Toto Wolff’s Problem, Frederic Vasseur Sets Lofty Goals For Second Half of the Season

Frederic Vasseur promises to rid Ferrari's newfound 'bouncing' issue that Mercedes suffered immensely in 2022.
Frederic Vasseur and Toto Wolff

Lewis Hamilton Got Special Surprise From Ferrari Boss Before Emotional Rollercoaster at the Belgian GP

A video of Ferrari Chairman John Elkann meeting Lewis Hamilton before Mercedes' Belgian GP fiasco goes viral on social media.
Canadian Grand Prix

Fred Vasseur Takes Max Verstappen’s Side Over Lewis Hamilton as Ferrari Boss Calls Out 7x Champ’s Words

Ferrari boss Fred Vasseur has said that he disagrees with Lewis Hamilton over the Briton's comments on Max Verstappen.
Lewis Hamilton (L) and Frederic Vasseur (R)

Sebastian Vettel Goes Undercover as German Legend Goes on Special Assignment in Retirement

Former F1 racer and World Champion Sebastian Vettel has made a comeback to a new sport with a new name that originates from his wife's name.
Kongresse, SPOBIS SPOBIS Conference 2023 31.05.2023, Congress Center Düsseldorf Sebastian Vettel Düsseldorf Congress Cen

Toto Wolff: Kimi Antonelli Over Unrealistic Max Verstappen, Mercedes 2025 Seat Choices Made Clear

Toto Wolff has shared some honest insights on why hiring Kimi Antonelli is the more realistic option for him than hiring Max Verstappen.
Max Verstappen & Toto Wolff

Guenther Steiner Mocks McLaren’s Hungarian GP Blunder With an Ominous Lando Norris Prediction

Guenther Steiner believes Lando Norris might turn on McLaren for losing his Hungarian GP win if it compromises his World Championship fight.
landonorris_guenthersteiner

Ralf Schumacher Suspects a Carlos Sainz-Mattia Binotto Political Ploy for Audi’s Reigns

Can Mattia Binotto get Carlos Sainz to sign a contract with Audi for 2025? Ralf Schumacher believes it is possible.
Carlos Sainz and Mattia Binotto

F1 Belgian GP: How a Simple Arrest Aided Michael Schumacher to Create Historic F1 Legacy

Michael Schumacher debuted in F1 with the Belgian GP in a very interesting incident that involved another driver getting arrested.
Michael Schumacher

Following Ferrari’s $400 mn Investment, Lewis Hamilton’s CFI Financial Group Partnership Brings Huge Boost to Mission 44’s Inclusivity Commitment

After convincing Ferrari to shell out $400 million for his charitable foundations, Lewis Hamilton takes the next big step for Mission 44.
British Grand Prix

F1 Belgian GP 2024 Schedule: Timings and Where to Watch the Action Unfold at the Spa-Francorchamps

The Belgian GP 2024 is knocking at the door, and here's everything you need to know about the race timings and where to watch them.
Belgian Grand Prix

About Ferrari

via Reuters

Ferrari: 2021 Latest News, Results, Drivers and Car Updates

Scuderia Ferrari is one of the oldest teams in Formula 1, having been in the sport since its inception. In 70 years, the Maranello-based outfit has produced nine World Champions, three of which have won multiple times.

The most successful champion has been Michael Schumacher with five titles for the Italian outfit. Other champions include Alberto Ascari, Juan Manuel Fangio, Mike Hawthorne, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, and Kimi Raikkonen.

Their current line-up for the 2021 season consists of Carlos Sainz jr. and Charles Leclerc. Leclerc is a graduate from the Ferrari Driver’s Academy and made his Ferrari debut in 2019. Carlos comes from McLaren F1 team where Daniel Ricciardo will replace him.

The current Team Principal is Mattia Binotto, and the CEO is Louis Camilleri, who succeeded the late Sergio Marchionne. Marchionne passed away in 2018 aged 66.

Who owns the Ferrari F1 team?

The Scuderia is a part of its parent organization - Ferrari S.p.A. The legendary car manufacturer is owned by the public with a majority stake (67.09%), followed by Exor - a holdings company (22.91%) and Piero Ferrari - son of the great Enzo Ferrari (10.00%).

Ferrari: On-track Achievements

Having been in the sport since 1950, it is fairly obvious that their achievements will be plenty. Their statistics prove it too, as they have earned 16 Constructors' Championships in total. They have also entered 1010 GPs, winning 237 and scoring 768 podium finishes. They have also clinched 228 pole positions.

Sponsors

Their title sponsor is Mission Winnow. Other sponsors include Shell, Ray-Ban, Kaspersky, UPS, Hublot, Mahle, and OMR.

How much does Ferrari earn from F1?

Apart from heritage, the legendary team manages to evoke an emotional connection like no other Formula 1 team. The nostalgia and passion associated with the Maranello-based outfit, coupled with a passionate fanbase, comes at a price for Formula 1.

The Prancing Horse earns a considerably larger sum in revenue compared to its F1 rivals. According to reports, they earned $205 million in 2019 as prize money. Furthermore, the Italian powerhouse is reportedly valued at $1350 Million and generated a revenue of $426 Million for the 2019 season.

How much is the Ferrari F1 team worth?

The Scuderia boasts of the highest net worth of all F1 teams. Reports suggest that it is worth a staggering $1.3 billion.

Best Moments of Ferrari F1 team

Foundations and Charity

They often auction off special F1-liveried cars for the sake of charity. Proceeds raised from the auction support the Telethon Foundation, which has been committed to fostering and developing scientific research for cures of rare genetic diseases since 1990.

In March 2020, the family behind the team donated €10 Million and 150 ventilators to aid in the fight against coronavirus.

Founded1929
FounderEnzo Ferrari
Constructors Championships16
Drivers ChampionAlberto Ascari, Juan Manuel Fangio, Mike Hawthorn, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, Michael Schumacher, Kimi Räikkönen
Drivers Championships15
Prize Money Won$205 Million (2019)
BaseMaranello
Official Websitehttps://www.ferrari.com/en-EN/formula1
DriversCarlos Sainz Jr, Charles Leclerc
Test DriversCallum Illott
EngineFerrari
TiresPirelli