More Ferrari News

Lewis Hamilton Imitates Bernie Ecclestone’s Shrewd Antics to Dismiss Felipe Massa’s $13,000,000 Lawsuit

As F1 returned after the summer break, Lewis Hamilton was asked about the Massa issue. He took a page out of Ecclestone's book to dodge it.
Lewis Hamilton, Bernie Ecclestone & Felipe Massa

Despite Aiming to Pull a Michael Schumacher, Charles Leclerc Dreams to Set “Realistic” Expectations

Charles Leclerc aspires to emulate Michael Schumacher's legacy at Ferrari while grounding his dreams with practical expectations.
Charles Leclerc and Michael Schumacher

“This Is Bulls**t”: Felipe Massa Berates FIA’s Minor Punishment Over Lewis Hamilton’s Controversial Title Win

Despite the 2008 crashgate controvesy, as Lewis Hamilton was awarded the championship, Felipe Massa slams FIA over minimal punishment
Lewis Hamilton Felipe Massa

Selfish Mentality After Mother’s Demise Led Michael Schumacher’s Teammate to Ridicule Him

The racing world is taken aback by a teammate's blindness, following the actions taken by Michael Schumacher after his mother's sad demise.
Michael Schumacher

“I Wish”: Charles Leclerc Still Unsure of $204,000,000 Future Despite Roadblocking Lewis Hamilton’s Ferrari Dreams

After edging out Lewis Hamilton for $204 million Ferrari contract, Charles Leclerc gives an ambiguous update on renewal negotiations.
Charles Leclerc (L) and Lewis Hamilton (R)

Despite Blaming F1 for “Too Much”, Hypocrite Charles Leclerc Hopes for Ferrari Turnaround

After voicing his concern about the hectic 24-race calendar, Charles Leclerc hypocritically hoping for a turnaround in the second half of the season.
F1 Belgian Grand Prix Charles Leclerc of Ferrari is seen during the press conference, PK, Pressekonferenz after the F1 G

Ex-F1 Boss Points at Frederic Vasseur’s Biggest Mistake After “Ferrari Doesn’t Have to Wait” Overconfidence

Ex-boss raises fingers at Ferrari team principal Frederic Vasseur after the Frenchman made a big mistake and made bold claims defending them.
Frederic Vasseur (FRA, Scuderia Ferrari), F1 Grand Prix of Bahrain at Bahrain International Circuit on March 4, 2023 in

13 Months After Humiliating Max Verstappen, Charles Leclerc Surrenders to Puzzling Situation

Charles Leclerc surrenders to the puzzling sitaution at Red Bull just months after humailiating Max Verstappen
Austrian Grand Prix

After Lewis Hamilton’s Ferrari Rejection Due to $204,000,000 Hurdle, Mercedes Put to Shame by F1 Legend Over Contract Extension

After rejecting Ferrari's rumored deal, could it be that Lewis Hamilton made the wrong decision by potentially choosing Mercedes?
Azerbaijan Grand Prix

Hours After Ex GF’s Brutal Revenge, Carlos Sainz and Rebecca Donaldson Make Relationship Official on Golf Course

Hours after ex-GF's revenge, Carlos Sainz and Rebecca Donaldson make their relationship official on a golf course, a tale of love & intrigue.
Carlos Sainz and Rebecca Donaldson

While Red Bull “Basks in the Glory”, Lewis Hamilton Plots Comeback to Dethrone Max Verstappen

As Red Bull revels in their triumph, Lewis Hamilton strategizes his comeback, determined to reclaim his throne from Max Verstappen.
Max Verstappen and Lewis Hamilton

Fed Up With Max Verstappen’s Constant Whining, Charles Leclerc Takes the High Road

As Max Verstappen continues to hint at early retirement owing to an extending F1 calendar, Charles Leclerc slams him to laud F1's hidden gems
Abu Dhabi Grand Prix

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 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