More Ferrari news

Where did it All Go Wrong for Ferrari?

Scuderia Ferrari started off as Mercedes' biggest rivals this season, but somehow, somewhere along the line, things fell apart for the Maranello squad

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Raikkonen Fined by Police in Switzerland

Finnish former F1 world champion Kimi Raikkonen may be a master of Monaco?s high-speed hairpin bends, but a quiet street in central Switzerland proved too much for him. He has been fined for crashing into a parked car near his residence. The 38-year-old, who currently drives for Ferrari, had been ordered to pay a CHF350 […]

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Vettel Warned About Double Move in the Future

The FIA and Charlie Whiting have clarified the rules regarding double moves for defense. This was in the wake of Sebastian Vettel and his move in Russia

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Ferrari Wants to Make Up for Mistakes: Vettel

According to Sebastian Vettel, the Scuderia Ferrari team are eager to put their mistakes behind them and end the season on a high note

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Ferrari Fans Clamouring for an Alonso Return

WHAT?!

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Vettel Focused on Wins than Title: Briatore

According to former Renault and Benetton boss, Flavio Briatore, Ferrari driver Sebastian Vettel was too focused on wins instead of the big picture

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Marchionne’s Death had an Impact on Ferrari: Brawn

The death of Sergio Marchionne has been??a major impact? on Ferrari and its 2018 Formula 1 world title charge according to Ross Brawn following the potentially-decisive results at the Japanese Grand Prix. Brawn, former Ferrari technical director, feels Ferrari?s key problems can be narrowed down to the sudden passing of former President Marchionne who died […]

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Hakkinen Backs Vettel Lunge on Verstappen in Japan

F1 double world champion, Mika Hakkinen believes that Sebastian Vettel was in the right to throw caution into the wind and try and overtake Max Verstappen

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Italian Media Ruthlessly Tear into Vettel and Ferrari

As Ferrari and Sebastian Vettel see their title hopes vanish, the unforgiving Italian press has gone to work on the Scuderia and its driver following their botched efforts in Suzuka. A sudden downturn in performance of the squad’s SF71-H coupled with strategic errors and Vettel’s own mistakes wreaked havoc on Ferrari’s chances of securing a […]

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Villeneuve mocks Vettel for looming title defeat

Haha!

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Battery Sensors Not to Blame for Ferrari Slump

According to the FIA, the recent slump being faced by Scudera Ferrari has nothing to do with the battery sensors that they placed in the cars

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Ferrari Made Title Race Easy for Mercedes: Vettel

Ferrari driver Sebastian Vettel believes that he and his team made it all too easy for Mercedes AMG and Lewis Hamilton to clinch the title

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About Ferrari

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 R?ikk?nen
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