More Ferrari News
Despite Lewis Hamilton’s Concerns, FIA Overlooks a Major Problem Plaguing the Grid Behind Max Verstappen: “Still a Long Way From 2021”
The FIA brushes aside Lewis Hamilton and Carlos Sainz's concerns as numbers show the new regulations are proving to be counterproductive.
“No Shame at All”: Felipe Massa Gets Backlash From Fans as His Legal Action on Crashgate Termed as “Free Championship” Attempt
In light of Felipe Massa's step forward toward the lawsuit against the crash gate incident, fans slander the Brazilian calling him shameless.
18 Years Later, Fans Relive Fernando Alonso’s “Epic” Battle That Dethroned Michael Schumacher in F1: “Was Relentless”
The rivalry between Fernando Alonso and Michael Schumacher lives on in the memory of F1 fans as we get to see the glimpse of this history.
“Norris Is in Trouble”: Oscar Piastri Destroys Lando in an Easy Test That Leaves Fans Worrying for the British Star
As Australian rookie Oscar Piastri beats his teammate Lando Norris in a test set in his backyard, fans worry for the senior driver's safety.
“Hamilton Has Never Been Close To…”: Lewis’ Frustration for His 8th Title Points at a Major Step That May Leave Toto Wolff Shaking
A couple of disastrous seasons could further pile up Mercedes and Toto Wolff's misery as Lewis is yet to put his initials on the contract.
Fearing Christian Horner’s Baku Prediction, Ferrari Holds Back Its Ammunition To Level Up Their Fight Against Red Bull
Out of concern over Christian Horner's Baku prediction, Frederic Vasseur and Co. withholds ammunition to intensify conflict with Red Bull.
With Red Bull Defying the Budget Cap Sanctions, F1’s “Nagging” Bosses’ Faction Given a Bitter Reality Check
Red Bull exposed the loopholes of the cost cap last year, & now the 2023 season has stood to expose the error behind the logic of the rule.
With Ferrari Having Bigger Fish to Fry, Red Bull Taskmaster Supports Carlos Sainz & Lapo Elkann to Dismiss False Rumors
Ferrari find themselves in a sticky situation with the whole Santander - Carlos Sainz saga. But according to Helmut Marko they need not fret.
“Cancel Monaco GP”: Charles Leclerc’s Home Race Under Threat as Fans Left Divided Over the Ferrari Star’s F1 Curse
Charles Leclerc Monaco Curse's interpretation divided fans into two groups as the Monaco GP comes under threat from protestors.
“Fascinating Driver, Frustrating Driver”: Carlos Sainz’s Topsy-Turvy F1 Trait Revealed as a Major Drawback Amid Squashed Transfer Rumors
Experts reveal one of the drawbacks of Carlos Sainz which is hampering his consistency, oscillating between fascinating to frustrating.
Frederic Vasseur & Ferrari Take Inspiration From Aston Martin’s Tactics to Propel Back to the Top Against Red Bull
Seems like the Ferrari management has started to take steps to end their misery. The path they have taken is very similar to Aston Martin.
After a Podium Hattrick, Fernando Alonso Backed To Fulfil Lawrence Stroll’s 2023 Ambition With Aston Martin’s Aggressive Plans
Fernando Alonso receives support from a former champion after back-to-back third-place finishes helping accomplish Lawrence Stroll's goals.
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Formula One F1 - Abu Dhabi Grand Prix - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - Ferrari's Charles Leclerc in action during qualifying Pool via REUTERS/Giuseppe Cacace
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.
| Founded | 1929 |
| Founder | Enzo Ferrari |
| Constructors Championships | 16 |
| Drivers Champion | Alberto Ascari, Juan Manuel Fangio, Mike Hawthorn, Phil Hill, John Surtees, Niki Lauda, Jody Scheckter, Michael Schumacher, Kimi Räikkönen |
| Drivers Championships | 15 |
| Prize Money Won | $205 Million (2019) |
| Base | Maranello |
| Official Website | https://www.ferrari.com/en-EN/formula1 |
| Drivers | Carlos Sainz Jr, Charles Leclerc |
| Test Drivers | Callum Illott |
| Engine | Ferrari |
| Tires | Pirelli |
