More on Ferrari

Aston Martin Could be the Key to Ferrari Staying in F1

With Aston Martin taking a keen interest in the proposed 2021 engine rules, CEO Andy Palmer believes that their inclusion could persuade Ferrari to drop their threats to quit F1
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Should Kimi Raikkonen be Ferrari’s Focus?

Although Sebastian Vettel is leading the 2018 F1 world championship and has 2 wins out of 3, it is Kimi Raikkonen who has emerged as a stronger driver this season
Raikkonen

I Don’t Need to Calm Down’ – Verstappen

Red bull driver Max Verstappen has dismissed any suggestions that he needs to calm down and re-evaluate his ideologies and his approach to racing
Max Verstappen

‘Youth is not an Excuse for Verstappen’ – Vettel

Max Verstappen drew the ire for Sebastian Vettel after the 2 collided in the later stages of the 2018 Chinese Grand Prix. A furious Vettel disregarded suggestions that Verstappen's age had anything to do with the incident
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Ferrari and Mercedes Roll Out 2018 F1 Challengers

2017 championship rivals Ferrari and Mercedes have both unveiled their 2018 F1 challengers and will be expected to resume the fight come March. The venue? the Albert Park Circuit for the 2018 Australian GP
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Ferrari Marlboro Reunited in 2018?

In 2007, a law was passed, outlawing cigarette branding on Formula One cars and even extended to other racing series. But now, leading tobacco company Philip Morris has penned a deal with Ferrari, leading to a possible Ferrari Marlboro reunion
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2018 Ferrari F1 Said to be Darker Shade of Red

A few sources in Italy say that the 2018 Ferrari F1 car will be a bit different from its predecessors as it will be in a darker shade of red
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Mercedes Wary of McLaren, Renault Threat

In the past few year, Ferrari and Red Bull have been perennial threats to Mercedes. 2018 will likely be no different, but Mercedes have admitted that McLaren and Renault could pose a challenge. But, Toto Wolff is taking the McLaren and Renault threat “seriously” as potential Formula 1 title rivals. Although Ferrari and Red Bullare […]

Liberty-Ferrari Feud is Inevitable: Brown

McLaren CEO Zak Brown has raised fears that the ongoing Liberty-Ferrari feud will be inevitable and is worried that it could directly affect the sport
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Hamilton’s Top 3 Rivals Revealed

Lewis Hamilton's top 3 rivals from the current F1 grid are Fernando Alonso, Sebastian Vettel and Max Verstappen. However, despite Lewis' statement, their respective teammates are not to be underestimated either.
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Ferrari Must Stay Beyond F1 2020: Mansell

The F1 2020 season will be critical as it will be the year before a massive overhaul of the engine regulations. Ferrari and other manufacturers have already voiced their concerns about the direction of the sport. Ferrari even went as far as threatening to leave F1 altogether
Nigel Mansell

Ferrari Eyeing Mercedes 1000 BHP Limit

After Mercedes' managing director of engines, Andy Cowell said that they had achieved a 1000 BHP, Ferrari are confident that they are close to the Mercedes 1000 BHP limit for the 2018 season
Formula One – Barcelona tests – Barcelona-Catalunya racetrack, Montmelo

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