More Ferrari News

Felipe Massa Highlights the Main Problem With Ferrari

Former Ferrari driver Felipe Masa recently spoke about what he feels is the main issue that the Maranello squad is facing now
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Toto Wolff Highlights Difference Between Ferrari and Mercedes

According to Mercedes team boss Toto Wolff, the biggest difference between Mercedes and Ferrari is the “attitude”. The Austrian, who has presided over the German marque’s utter domination of F1 since 2014, says he runs Mercedes with a “modest” attitude. “Part of our DNA is that we remain modest as we win,” Wolff told the […]
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Ferrari are Not Finished with Restructuring their Personnel

A source from Sky Italy reports that changes at Ferrari are not finished “Binotto knows very well that the amount of work that awaits him is greater than the already demanding one he had to face in the last two seasons. An important and experienced person will arrive soon.” “I believe that a technician (the […]
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The Politics Behind the Scuderia Ferrari F1 Team

Ferrari exerts a fascination like no other car manufacturer or Formula One team. As the sport prepares to celebrate its 1,000th Grand Prix – in Shanghai in April – and its 70th anniversary in 2020, only Ferrari can claim to have been there throughout. It’s a hell of a boast: F1 is a hugely expensive and combustible […]
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Scuderia Ferrari to Have a Different Livery?

The 2019 Ferrari Formula 1 livery could be markedly different in comparison with previous years. Italy’s Autosprint reports that when the Maranello-made red car is revealed on Feb. 15, it could be called the SF-90. The ’90’ would be a reference to the 90-year anniversary of the founding of Scuderia Ferrari by Enzo Ferrari. Autosprint added: “The […]
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Mick Schumacher and Family Thank Fans After Michael’s 50th

In honour of the 50th birthday of Michael Schumacher, his family posted a picture on Instagram thanking the fans for their constant support
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Why F1 champion Mansell has corner named after him in Mexico

Mexico returned to the F1 calendar in 2015 after a long time out and the organizers had a surprise in store for Nigel Mansell then
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LeClerc Arrival is a Warning to Vettel

Charles Leclerc’s move to Ferrari has many fans anticipating a new contender on the scene and Alex Zanardi believes that it should also serve as an alarm to his teammate Sebastian Vettel. Although Vettel has been the de facto number one driver at Ferrari since his arrival, Leclerc’s ability and momentum having impressed at Sauber could rock the German’s […]
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Raikkonen Initiated First Contact with Sauber

The F1 world was taken by surprise when Kimi Raikkonen announced that he will be racing for Sauber in 2019 but there were a few surprising details
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Charles LeClerc Offers Some Advice to George Russell

Charles Leclerc has warned his successor as Formula 2 champion George Russell that he will have to adapt to dealing with potentially “boring” races when he graduates to Formula 1 with Williams in 2019. Russell follows in Leclerc’s footsteps in debuting in F1 after winning the F2 title, but is expected to endure a season of […]
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TIL: Schumacher Helped a Rival During the 1996 Monaco GP

Former McLaren and Red Bull driver David Coulthard has a long history with Michael Schumacher and recently spoke of Michael's charitable side
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F1 Radio Gaga: 10 Instances of Drivers Losing Their Cool

The intensity of F1 can sometimes get to even the most professional drivers. Read on for some of the most heated F1 radio exchanges between driver and team
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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