More Ferrari News

“We Are Not at the Level of Our Competitors”: Esteban Ocon Slaps Alpine With Brutal Reality Check to Remind Them of “Ambitious” Goals

Even after a strong turnaround for Alpine at the Monaco GP, Esteban Ocon reminds the team of the ambitious goals yet to be achieved.
Monaco Grand Prix

“Feeling Was Really Bad”: Charles Leclerc Makes a Shocking Remark Despite Frederic Vasseur’s Constant Efforts To Brush Issues Under the Carpet

Charles Leclerc, unhappy with Ferrari's subpar performance, expresses his feelings despite Frederic Vasseur's ongoing efforts to ignore them.
Charles Leclerc and Frederic Vasseur

“He’s Not Thinking”: Carlos Sainz Told to Take a Leaf Out of Oscar Piastri’s Book as the Current Approach Deemed Insufficient to Beat Charles Leclerc

Carlos Sainz's endeavor to beat Charles Leclerc was deemed insufficient as the Spaniard is asked to take a page out of Oscar Piastri's book.
Carlos Sainz and Oscar Piastri

Gaping Holes in Frederic Vasseur’s Management Exposed in the Light of Ferrari’s Historic Win at 24 Hours of Le Mans With One Key Difference

With a historic Ferrari win at the 24 hours of Le Mans this year, Ferrari's F1 outfit and Frederic Vasseur need to gear up.
Frederic Vasseur and Ferrari Le Mans

Despite Charles Leclerc’s Heart-Wrenching Spanish Outing, Frederic Vasseur Shockingly Hails SF-23’s Behavior in Barcelona

Frederic Vasseur made a shocking statement praising the SF-23’s behavior despite the terrible outing for Charles Leclerc in Spain.
Frederic Vasseur (L) and Charles Leclerc (R)

Despite Michael Schumacher & Lewis Hamilton’s Versatility Casting Doubts, Max Verstappen Hailed the “Greatest” Ever With Sensible Explanation

Max Verstappen will surely go down as one of the greatest drivers this sport has seen but will he do enough at Red Bull to cement his legacy?
Michael Schumacher, Max Verstappen and Lewis Hamilton

Despite Being Blindly in Love With Pierre Gasly, GF Francisca Gomes Expresses Admiration for Best Friend Charles Leclerc’s Ex in Recent Social Media Activity

Pierre Gasly and Charles Leclerc may have a thing or two to talk about after Gasly's girlfriend gives a nod of approval to Leclerc's ex.
Kika Gomes, Pierre Gasly and Charles Leclerc

Lewis Hamilton Reported to Commit Financial Blunder After Ferrari’s $48,000,000 Bait Receives Bizarre Response From Mercedes

Despite Ferrari's $48,000,000 offer receiving a bizarre response from Mercedes, Lewis Hamilton reportedly commits a Financial Blunder
30th March 2023: Melbourne Grand Prix Circuit, Melbourne, Victoria, Australia: Australian Formula 1 Grand Prix: Arrival

Ferrari’s Poor Management Blamed for Charles Leclerc’s Tragic Downfall as Pressure Continues to Mount on the Italian Giants

Ferrari's meddling and missed opportunities hinder Charles Leclerc's potential; calls for a clutter-free environment.
Azerbaijan Grand Prix

After Charles Leclerc’s Record-Breaking $329,000 Collection of Relief Funds, Trophies Signed by Drivers Including Lewis Hamilton Raise an Astounding Amount

F1 drivers raise a huge amount for the relief funds after signing trophies just days after Charles Leclerc collected $329,000 for the same.
Lewis Hamilton, Charles Leclerc

Mercedes Gear Up to Destroy Ferrari’s Offer to Sign Lewis Hamilton by $14,000,000 as Potential Contract Details Get Unveiled

Lewis Hamilton is set to sign a new deal this week. Find out why he is staying loyal to his team and rejects one of the greatest squads.
Toto Wolff (AUT, Mercedes-AMG Petronas F1 Team), 44 Lewis Hamilton (GBR, Mercedes-AMG Petronas F1 Team), F1 Grand Prix

Ferrari Still Far From Resurrection 6 Months After Frederic Vasseur’s Appointment Look to Canada for Answers

After the continuous heartbreak, Frederic Vasseur now plans to move to Canada to find answers to get his motorists back on the right track.
Frederic Vasseur (FRA, Scuderia Ferrari), F1 Grand Prix of Bahrain at Bahrain International Circuit on March 3, 2023 in

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