More Ferrari News

Days After Max Verstappen’s “D**khead” Jibe, Lewis Hamilton Along With F1 Rival Hailed for Noble Behavior

After the slugfest between Max Verstappen and George Russell in Baku, Lewis Hamilton and a grid rival get hailed for their good behavior.
April 1, 2023: GEORGE RUSSELL, MAX VERSTAPPEN and LEWIS HAMILTON during the Post Qualifying press conference, PK, Presse

“I Apologize, I Told You a Lie”: Ayrton Senna’s Ugly Secrets Exposed as Evil Intentions Against Arch Rival Unmasked by F1 Legend

Considered a racing god by many, Ayrton Senna was once exposed by Sir Jackie Stewart in the aftermath of the infamous 1990 Japanese GP.
Ayrton Senna, Grand Prix Of South-Africa

Amid “Noise” Around Unrest at Struggling Ferrari, Carlos Sainz Unmasks the Real Picture by Revealing Behind the Scene Secrets

Carlos Sainz reveals the real image of how things are at Maranello as the noise around unrest at Ferrari due to the struggles get stronger.
Azerbaijan Grand Prix

With the Championship Almost Out of Reach, Charles Leclerc Underplays Ferrari’s Failures Amid Red Bull’s Impeccable Step Up

Charles Leclerc underplays Ferrari's poor start to 2023 as the championship hope fades away against Red Bull's rocketship RB19.
Miami Grand Prix

Has Fernando Alonso Won His Home Race at the Spanish GP?

It's been 10 years since Fernando Alonso won a race. This year, he has a big chance of winning at home in Spain. But has he done it before?
Fernando Alonso

Is Home Town Boy Charles Leclerc Unlucky at the Monaco GP?

Hailing from one of the richest countries, Charles Leclerc has adored his country's track. His fate, however, appears to be cursed at home.
16 Charles Leclerc (MCO, Scuderia Ferrari), F1 Grand Prix of Australia at Albert Park Circuit on April 2, 2023 in Melbou

“Happens To Crash”: Charles Leclerc Speaks Lewis Hamilton’s Tongue on Future Prospects While Explaining His Over the Limit F1 Approach

Lewis Hamilton's sentiments were reiterated by Ferrari driver Charles Leclerc when he discussed his position on the aggressive F1 approach.
British Grand Prix

Following in Ferrari’s Footsteps, Stefano Domenicali & F1’s $1,079,000 Helping Hand to Imola Makes Fans Proud: “Massive W”

Fans take pride in being an F1 supporters as Stefano Domenicali and F1 donate $1,079,000 for the ones suffering in Emilia Romagna.
F1 Grand Prix of Saudi Arabia

Despite Having Only 5 Wins in 5 Years, Charles Leclerc Thumps His Chest to Cite the Factors Helping Him Carry Ferrari’s Responsibilities

Despite only accumulating limited glory for the Reds, Charles Leclerc reveals the factors helping him carry the Ferrari responsibility.
16 Charles Leclerc (MCO, Scuderia Ferrari), F1 Grand Prix of Azerbaijan at Baku City Circuit on April 30, 2023 in Baku,

Hours After Rafael Nadal’s Disheartening Roland-Garros Withdrawal, F1 Star Comes Out to Cheer Up the King of Clay

Twenty-Two time Grand Slam winner, Rafael Nadal bowed out of the French Open 2023, this saw many including an F1 star come out in support.
French Open

Keeping Money Chaser Allegations Aside, Fernando Alonso Throws the Gauntlet to Dramatize His F1 Comeback Story

Fernando Alonso attempts to shed the money-chaser image with a statement to romanticize his F1 comeback story from retirement.
Azerbaijan Grand Prix

“Ridiculous to expect”: Frederic Vasseur Backed to Bed in For a Long Haul as Unreal Ferrari Expectations Shot Down

Former F1 world champion backs Frederic Vasseur as the right man to lead Ferrari, despite the lack of early great results by the team.
Frederic Vasseur

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