More Ferrari News

Mercedes and Ferrari Slammed for Letting the Sport Down

Sometime ago, Formula One fans were hyped when a Netflix series based on the 2018 season was announced and a trailer was dropped. However, some were curious to see why Mercedes and Ferrari were not so prominent. To that effect, the makers of the series accused Mercedes and Ferrari of disappointing the sport with their […]
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Daniel Ricciardo Eager to Observe Ferrari and their Pace

The Scuderia Ferrari team laid down the gauntlet in the first pre-season test and Renault's Daniel Ricciardo is interested in seeing, how well they do
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Max Verstappen Takes a Dig at Kimi Raikkonen

Red Bull's Max Verstappen recently spoke about the Ferrari 2019 line-up of Sebastian Vettel and Charles LeClerc, while aiming a jab at Kimi Raikkonen
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Lewis Hamilton Eager to See the Fruit of the Vettel-LeClerc Partnership

Mercedes driver Lewis Hamilton has admitted that he would be interested to see the dynamic between the Ferrari pair. In fact, many would love to know how Sebastian Vettel and Charles Leclerc will work alongside each other. Ferrari have openly stated that Vettel will be the alpha dog, pending the direction of the 2019 title race. However, Vettel is fully […]
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Racing Point F1 Draw a Hilarious Conclusion with Cryptic Ferrari Post

With the 2019 Formula One season just beginning, it is also time for the F1 social media teams to flex their fingers and dig deep into the F1 joke book. Now, Racing Point F1 has drawn first blood and their first victim is the Scuderia Ferrari team. As it turns out, just like last year, […]
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Ferrari May have a Secret Weapon to Combat Mercedes

It seems that Scuderia Ferrari have developed a trick to use against Mercedes. According to Mercedes via Auto Motor und Sport, “They tried this Ferrari concept but with that you are losing downforce at the front which you have to find somewhere else and they are surprised how it works at the Ferrari.” The concept […]
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Sebastian Vettel Reveals his Thoughts on Charles LeClerc

Sebastian Vettel has admitted that he views his new team-mate Charles Leclerc as a “full rival” in the 2019 driver’s championship, as the pair take to testing at the Circuit de Catalunya in Barcelona for the first time in the new SF90 Ferrari car. Last season it was announced that Leclerc would be promoted from Sauber to Ferrari after […]
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Charles LeClerc Proves Ferrari Pace Not a One-off

On Monday, the opening day of pre-season testing kicked off and the session was topped by Ferrari driver Sebastian Vettel. Now, a day later, it was Charles LeClerc who took top honours. Leclerc set a benchmark time of 1m 18.247s, set on the same C3 compound of tyres that Sebastian Vettel used to put in […]
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F1 Rivals Wary of ‘Very Quick’ Ferrari

Renault driver Nico Hulkenberg has observed that the 2019 Ferrari is very quick, compared to its predecessor. As winter testing kicked off in Barcelona, many other teams echoed that sentiment. “It looks like Sebastian Vettel had a good winter,” smiled Christian Horner, boss of the Red Bull team. One journalist even asked Mercedes boss Toto Wolff if Ferrari already looks the […]
2019 Pre-season Test

Sebastian Vettel Unconvinced by Ferrari’s Managerial Restructuring

4-time world champion, Sebastian Vettel insists there has been no “revolution” at Ferrari over the winter. On paper, it has been all change at Maranello, with Mattia Binotto installed as the new boss and Charles Leclerc in the sister car. But after Vettel impressed the Barcelona paddock with his lap time on Monday, the German said: “From […]
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Mercedes Boss Weighs in on Ferrari ‘Statement’

Ferrari’s new team principal Mattia Binotto has made a “statement” by admitting that Sebastian Vettel may be prioritised over new teammate Charles Leclerc according to Mercedes boss Toto Wolff. The declaration was made in the early part of 2019 as part of the Scuderia’s plans for the coming season. Leclerc has been tipped to push Vettel all the […]
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Despite Spin, Sebastian Vettel Stamps Authority in Testing

Early in the morning session of Testing, Sebastian Vettel had a spin. However, he did not let it get to him as he raced to the top of the time sheets
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About Ferrari

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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