More Ferrari News

What Is The New Update From The Ferrari Camp For the French Grand Prix?

Ferrari have brought some new upgrades into the French Grand Prix of 2019, in a bid to revive their fledgling form and give their campaign new wings
new frontwing for Ferrari

Scuderia Ferrari to Drop Mission Winnow Yet Again

For the French Grand Prix weekend, Scuderia Ferrari will be racing without the Mission Winnow logo, with a possibility of the brand leaving for good
Sebastian_Vettel_Mission_Winnow_Ferrari_PA-700×367

Mattia Binotto Shares French GP Venue Not Suited For Ferrari. What The Heck!

Is the Circuit Paul Ricciard, home of the French GP not suited to Ferrari? What shall happen this weekend. Binotto shared some insights.
F1.com

Pirelli State, “Ferrari Need To Win For The Good Of F1!”

Ferrari, who have failed to win a single race so far, actually 'need to win' for the good of the sport, according to Pirelli
Screen Shot 2019-06-19 at 11.09.27 AM

The 2002 Car of Michael Schumacher That Took A Big Controversial Win Up For Auction

The 2002 Austrian GP will remain as one of the sport's most controversial racs. But the Ferrari Michael Schumacher drove to his victory is up for auction!
Schumi car for auction

Scuderia Ferrari to Pursue Canada Penalty and Request a Review

A now desperate Ferrari will resort to reviewing the incident between Lewis Hamilton and Sebastian Vettel to have the 5-second penalty overturned
yq-sebastianvet-13062019

Toto Wolff Advises Ferrari Against Reviewing Canada Decision

Mercedes team principal, Toto Wolff does not think that it is a good idea for Ferrari to review the stewards decision in Canada 2019

It’s Finally Here! Ferrari Won’t Appeal Vettel’s Penalty At Canada

Ferrari have reportedly shared that they are not going to protest Sebastian Vettel's five-second penalty, a decision that rocked F1's world in Canada
image

Sebastian Vettel’s Penalty Reactions Hurt Noted Steward Emanuele Pirro

You know why Canadian GP was one of the most talked about races. But do you know an FIA steward was hurt by the reactions to the penalty handed to Vettel?
Vettel five second penalty

Lewis Hamilton and Sebastian Vettel Take a Tumble in Forbes List

Lewis Hamilton saw his earnings skyrocketed between the 2017 and 2018 Formula One seasons. However, his earnings have taken a huge hit, when he slipped well down the order in Forbes’ list of richest athletes in the world. His rival, Sebastian Vettel was the only other F1 candidate on the list. Back in 2018, Lewis Hamilton was […]
Lewis Hamilton 2019

Sebastian Vettel Escapes Scot Free After Post Race Drama

Which the on-track action at the Canadian GP may have been lacking, the off-track action made up for it. Sebastian Vettel was so gutted at losing out a win that he almost decided to skip the podium ceremony. Then, when the Ferrari team changed his mind, he sneakily swapped the first and second place signs […]
b9f8cd37ebf3aee8ba2b59efa449c602

Why Sebastian Vettel, Who Says, “F1 ain’t a sport I fell in love with,” Still Got A Lot To Prove?

Is Sebastian Vettel really right in stating that F1 isn't any longer the sport he fell in love with? Why it's imperative that he fires?

About Ferrari

article-image

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