More Ferrari News

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
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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?
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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 […]
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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 […]
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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?

WATCH: Lewis Hamilton Offers to Give Sebastian Vettel a Ride to Parc Ferme

A cloud of misery hung over Sebastian Vettel as he pushed his Ferrari back to the garage instead of the parc ferme area, though Hamilton offered a ride back
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WATCH: Karun Chandhok Analyses Sebastian Vettel-Lewis Hamilton Incident

Following Sunday’s Canadian Grand Prix, one of the biggest talking points of the race was the close call between Lewis Hamilton and Sebastian Vettel. Vettel was steadily being caught by Hamilton as the race progressed. Then, the German driver dropped the ball and ran wide, going across the grass. Smelling blood, Hamilton attacked the recovering […]
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Sebastian Vettel Cracks a Hilarious Joke During Press Conference

After the qualifying session of the Canadian Grand Prix 2019, Sebastian Vettel dug into his warehouse of jokes which left Hamilton in splits
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Most Controversial Decisions by F1 Stewards

In the light of Max Verstappen being demoted to 4th due to FIA intervention, read about some of the most controversial decisions taken by the F1 stewards
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Drivers Rally in Support of Sebastian Vettel After a Penalty Robs a Win

In the wake of the fairly cruel 5 second time penalty, many drivers from the past and present, rallied to support Sebastian Vettel
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Is Sebastian Vettel Growing Disillusioned with Formula One?

Sebastian Vettel was upset to lose out on a Canadian Grand Prix victory when the FIA handed him a 5 second time penalty, hand the win to Lewis Hamilton
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About Ferrari

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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