More Ferrari News

Alpine’s Stroke of Genius Slapped as Benchmark to Expose Ferrari’s Screw Up With Carlos Sainz

Alpine's smart strategy exposes Ferrari's blunder with Carlos Sainz in Hungarian GP qualifying due to missed Q3 chance stirs discussions.
Esteban Ocon and Carlos Sainz

“Come On!!!”: Charles Leclerc Left Fuming as Carlos Sainz Attempts Another Sly Move On Teammate

Charles Leclerc gets fed up with Carlos Sainz's actions as Silverstone indiscipline extends to Hungary, increasing Ferrari's woes.
07.05.2023, Miami International Autodrome, Miami, FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX ,im Bild Charles Leclerc (MCO),

“Anyone Could Be on Top”: Carlos Sainz Throws In the Towel Only Hours After Finding Emotional Motivation to Undo Turbulent Past

Carlos Sainz prepares to grab the podium to pay tribute to a special person and aid Ferrari move up to the second spot.
Pre-Season Testing

“We Look With Confidence”: Despite Heading Into Uncharted Territory, Charles Leclerc Adopts Glass Half Full Approach to Revive Ferrari

Amidst the new tire-linked format at the Hungarian GP, Charles Leclerc's optimism and Ferrari's growing confidence hint at a promising race.
Saudi Arabian Grand Prix

Charles Leclerc Shuts Down His ‘Bring Ferrari Back’ Plans as Max Verstappen & Co Continue to Humiliate the Pack

Despite giving Tifosi a shred of hope and achieving some encouraging signals at Budapest, Charles Leclerc bows to Red Bull's rocketship.
Austrian Grand Prix

Showcasing Unwavering Loyalty to Mercedes, Lewis Hamilton Destroys Fernando Alonso’s Renowned Ferrari Prophecy to Pieces

Lewis Hamilton stands firm on Mercedes loyalty, challenging Fernando Alonso's Ferrari prophecy redefining F1 norms.
Lewis Hamilton & Fernando Alonso

“Don’t Like to Say It’s Impossible”: Despite Crawling 181 Points Behind Max Verstappen, Charles Leclerc Remains Hopeful to Bring Ferrari Back

Facing challenges in the current season, Ferrari's Charles Leclerc remains optimistic, focusing on improvements and a clear vision.
Azerbaijan Grand Prix

Despite Charles Leclerc Being Ferrari Favorite, Carlos Sainz Finds Motivation to Aim High at Hungarian GP amid Recent Loss

Despite the favoritism toward Charles Leclerc, highlighted in recent races, Carlos Sainz aims high for the Hungarian GP amidst a recent loss.
Carlos Sainz and Charles Leclerc

“On Paper It Looks Better”: Despite Positive Signs, Charles Leclerc Holds His Breath as Ferrari’s Achilles Heel Set to Stand Ultimate Test

Charles Leclerc wishes to take every step cautiously to stand the ultimate test despite having some light for the upcoming Hungarian GP.
Azerbaijan Grand Prix

Ryan Reynolds’ $218,000,000 Investment Sparks Explosive Transformation as Alpine F1 Sacks CEO Laurent Rossi to Replace With Ferrari Boss

After the news of Ryan Reynolds' takeover, confirmed reports about Laurent Rossi being sacked as CEO as changes are afoot at Alpine.
Ryan Reynolds and Laurent Rossi

After Carlos Alcaraz’s Wimbledon Triumph, Recollection of Rafael Nadal’s Exploits Leave Compatriot & F1 Star Proud

After Carlos Alcaraz's exquisite Wimbledon victory, F1 star and compatriot reveled in the glory his fellow athletes have brought to Spain.

“As a Ferrari Fan, It Hurts”: 5 Years After Facing Same Heartbreak, Sebastian Vettel Prays for Charles Leclerc and Co.’s Rapid Recovery

Dive into the enduring affection of Sebastian Vettel for Ferrari and the team's performance trajectory in the wake of his departure from F1.
Sebastian Vettel and Charles Leclerc

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