More Ferrari News

Controversial Moments in Alonso’s F1 Career

Fernando Alonso will finally end his F1 career after 17 years and two world championships. The Spaniard will surely be missed for several brilliant performances and his grit. However, his career was not without controversy either. Most of the moments occurred early in his F1 career and some have really tarnished his reputation. Brake Checking […]
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Lewis Hamilton Aware of Verstappen-LeClerc Threat

5-time F1 world champion, Lewis Hamilton has admitted that he is expecting Charles LeClerc and Max Verstappen to pose serious threats to his title defence
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Vettel will be Stronger in 2019 after Unfinished Business

Ferrari’s engineering chief Jock Clear believes Sebastian Vettel will come back a stronger driver in 2019 after the “unfinished business” of another title miss. Although Ferrari emerged as a major threat to Mercedes in the fight for the Formula 1 championship, late season errors derailed its campaign. While a number of driving mistakes highlighted the pressure that […]
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First Few Turns are Good, Rest is Sh*t – Raikkonen

The Yas Marina Circuit in Abu Dhabi plays host to the 2018 season finale. Sadly, there is no championship showdown as Lewis Hamilton wrapped up the title long ago. However, this means that next Sunday’s race will be no holds barred. For Fernando Alonso, Stoffel Vandoorne and Marcus Ericsson, it is their final race in […]
F1 Grand Prix of Italy

Vettel Makes Young Fan’s Day with Gesture

When one thinks of celebrities, whether they are actors, well-known personalities or even sportspersons, it is easy to forget that they are humans too. While some sportspersons elect to show up, sign autographs, pose for photographs and move on, others go beyond the call of duty. Ferrari’s Sebastian Vettel is one such down-to-earth person. Out […]
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I Still Like to Drive – Kimi Raikkonen

Outgoing Ferrari driver Kimi Raikkonen has said that he is not too concerned about his impending move to Sauber for the 2019 F1 season
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Ferrari to Hire Robert Smedley?

Robert Smedley, who is well known in the sport for being Felipe Massa's race engineer at the Maranello team, is rumored to be making a move to Ferrari
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What F1 will Miss about Fernando Alonso

McLaren driver Fernando Alonso officially announced that he will be stepping away from F1 from 2019 onwards. With teammate Stoffel Vandoorne also leaving, it leaves McLaren fielding a brand new lineup. Coming back to the Spaniard, he has had a long a successful career spanning 17 years. He made his debut with Minardi in 2001 […]
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Alonso has Plenty to Talk about Ferrari

Fernando Alonso has certainly been around a lot. From winning two championships with Renault to dry spells at Ferrari and McLaren, he has seen it all. While he is scrounging for points with McLaren-Renault, he wasn’t overly fond of his Ferrari stint either. Alonso was seemingly part of Ferrari throughout their worst years since 1998. […]
F1 Grand Prix of Bahrain – Race

OTD in F1: Damon Hill Won in Australia by a Mile

On this day in F1, there were a few significant events that took place. Right from a driver literally winning by a country mile to an exciting race 12 months ago. Back in 1995, David Coulthard was in his last race for Williams. The Scotsman was comfortably leading Adelaide’s last F1 race when he came […]
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Vettel Affirms Allegiance to Ferrari in an Amusing Way

Ahead of the Brazilian GP, Sebastian Vettel was walking in the paddock while signing autographs, even trying an impromptu conversion of a Mercedes fan
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Ricciardo calls for rule change after Vettel fine

Vettel was handed a hefty fine for his failure to comply with stewards instructions during qualifying yesterday and Ricciardo was on the German's side
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About Ferrari

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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