More Ferrari News

Oliver Bearman Admits Being ‘Not Fit’ for Haas Debut in Startling Confession

Oliver Bearman's reveals his fitness challenges ahead of F1 debut with Haas. Can he, with rigid preps overcome the hurdles before next year?
Saudi Arabian Grand Prix

Oliver Bearman Relives Moment of “Panic” After Life-Changing Call From Frederic Vasseur

Oliver Bearman's rapid Ferrari debut, fueled by Carlos Sainz’s absence, marks a thrilling F1 milestone. Can he shine at Haas in 2025?
Belgian Grand Prix

“I’m Me, So I’m Different”: Lando Norris Gives Fed-Up Reply on Max Verstappen & Carlos Sainz Friendships

Lando Norris has dished out some details on his dynamics with Max Verstappen and Carlos Sainz amidst their ongoing Championship battle.
Belgian Grand Prix

Amid Ongoing $80 Million Lawsuit, Felipe Massa Snubs Lewis Hamilton for Max Verstappen in F1 GOAT Conversation

Felipe Massa snubs Lewis Hamilton from his GOAT list; adding Verstappen, reigniting tensions over the 'Crashgate' incident and lost title.
Lewis Hamilton (L) and Felipe Massa (R)

Valtteri Bottas’ Audi Hopes Alive as Mattia Binotto’s Plan to Sign McLaren Driver Falls Flat

F2 racer Gabriel Bortoleto has spoken about his feelings after Mattia Binotto's interests in hiring him for Audi became public.
FORMULA 1 ARAMCO BRITISH GRAND PRIX 2023, 07/07/2023 Mattia Binotto during the FORMULA 1 ARAMCO BRITISH GRAND PRIX 2023

Lewis Hamilton’s $3.5 Million McLaren That Adrian Newey Designed Goes Up for Sale

Lewis Hamilton's first F1 car, the McLaren MP4-21, hits auction at Monterey, spotlighting its role in his early career.
Lewis Hamilton with McLaren-Mercedes MP4-21, 2006

Carlos Sainz Unknowingly Embarrasses George Russell & Oliver Bearman for Failing Their Driver’s License Test

Carlos Sainz shared the number of attempts it took him to get his driver's license and his response was embarrassing for Russell and Bearman.
Miami Grand Prix

Lewis Hamilton’s “Weird” Superstitions Revealed as F1 Insider Reveals “Hippie” Beliefs

One of Lewis Hamilton's interviewers has spilled the beans on the F1 Champion's quirky belief that UFOs exist and dogs can sense Evil.
Canadian Grand Prix

Valtteri Bottas’ Singular Advice Turns Blessing as Carlos Sainz Confronts Unfortunate Ferrari Reality

Valtteri Bottas has imparted some advice to Carlos Sainz as the Spaniard is about to take the same career plunge as Bottas did.
Valtteri Bottas (L) and Carlos Sainz (R)

Frederic Vasseur Spares Charles Leclerc of “Higher Expectations” as Monegasque Driver Admits Experimentation Approach

Charles Leclerc has talked about how his new approach backfired in Canada while Fred Vasseur says he is not pointing fingers for low scores.
Frederic Vasseur, Charles Leclerc

Lewis Hamilton Solves Charles Leclerc’s Ferrari Problem as Adverse Vettel-Sainz Effect Unearthed

Ferrari's radical technical change to help Lewis Hamilton in 2025, incidentally eases Charles Leclerc's racing.
Bahrain Grand Prix

Lewis Hamilton Fires Cheeky Jab at Fernando Alonso as F1 Banter Leaves Fans Laughing

Lewis Hamilton took a jibe at Fernando Alonso for not scoring any podium wins in 2024 and the F1 social media fans found it hilarious.
Canadian 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