More Ferrari News

Heartthrob Charles Leclerc Swoons the Tifosi Over With Hidden Talent: “If I Couldn’t Already Love…”

Charles Leclerc has mesmerized many with his skills behind the wheel of an F1 car. Now, fans are finding out about his other hidden talent.
JEDDAH, SAUDI ARABIA: Charles Leclerc, racing for the Ferrari team during the 2023 Formula 1 Saudi Arabian Grand Prix at

“Hindered Me More Than Anything” – Jenson Button Bluntly Reveals Hendrick Motorsports “Hurt” His Debut With the Garage 56 Project

Former Formula 1 driver Jenson Button shares his experience with the Next Gen car, while highlighting the difference from Garage 56.
AUSTIN, TX – MARCH 24: Jenson Button ( 15 Rick Ware Racing Mobil 1 Ford) talks to the media after practice for the NASCA

Kimi Raikkonen Ruthlessly Settles the NASCAR-F1 Debate in Mere 4-Words, Hours Before His COTA Return With Ross Chastain’s Team

Kimi Raikkonen throws shade at Formula 1 while praising the racing that takes place in NASCAR ahead of the race at Circuit of the Americas.
NASCAR, Motorsport, USA Cup Qualifying Mar 25, 2023; Austin, Texas, USA; NASCAR Cup Series driver Kimi Raikkonen (91) an

$3.6 Billion Worth Lawrence Stroll Ignores Aston Martin to Own $70,000,000 Worth of Beasts Built by F1 Rivals

The Aston Martin owner Lawrence Stroll has given a cold shoulder to his own team's parent brand to eye Formula 1 rival.
Formula 1 Gulf Air Bahrain Grand Prix 2023 / 04.03.2023, Bahrain International Circuit, Sakhir, Formula 1 Gulf Air Bahra

Lewis Hamilton-Michael Schumacher Goat Debate Settled by Former F1 Supremo With Logical Reasoning

Former F1 mogul picks his side in one of the closest GOAT debates of all time- Lewis Hamilton vs Michael Schumacher.
Lewis Hamilton and Michael Schumacher

Standing on Slippery Slope, Ferrari Boss Makes Tall Claims After a Forgettable F1 Season Start: “If We Continue To…”

Ferrari's start to the season needs to be forgotten by Tifosi. However, despite setbacks in Saudi Arabia, the boss believes the team has made forward strides.
Frederic Vasseur

American Superstars Christian Bale & Matt Damon Receive Praise From F1 Star for “Realistic” on Screen Venture

Matt Damon and Christian Bale have received admiration from a current Formula 1 driver for their realistic portrayal on the big screen.

Fernando Alonso Silences Haters With “Unique” Stat to Shoot Down False Narratives Around His Illustrious Career: “In 16 Years of My Life…”

Fernando Alonso has had his fair share of bad luck throughout his F1 career. However the one's who've crucified his moves have been answered.
ALONSO Fernando (spa), Aston Martin F1 Team AMR23, portrait during the Formula 1 STC Saudi Arabian Grand Prix 2023, 2nd

Carlos Sainz Surprisingly Concedes Ode of Praise to Max Verstappen & Co. Despite Suffering Brutal F1 Blows

Despite the supreme dominance of Max Verstappen and co. Carlos Sainz, a member of the struggling Ferrari team, applauds the valiant Red Bull.
Saudi Arabian Grand Prix

Ferrari SF-23’s Hunger Difficult to Be Fulfilled as Charles Leclerc & Carlos Sainz Left Without F1 Fix

Charles Leclerc and Carlos Sainz explain their struggles with the SF-23 as the hunger for the machines becomes increasingly challenging.
Austrian Grand Prix

Frederic Vasseur Busts Ferrari’s Myth as Defense to Resolve F1 Success Hiatus Begins: “Not Entirely True”

Ferrari boss Frederic Vasseur addresses rumors of tension brewing in the squad as Charles Leclerc's frustration spews out after the Saudi Arabian GP.
Frederic Vasseur (FRA, Scuderia Ferrari), F1 Grand Prix of Bahrain at Bahrain International Circuit on March 4, 2023 in

Fernando Alonso’s Mission May Turn Realistic as Aston Martin F1 Ready to Unleash “Hell” on Red Bull & Others

Aston Martin is ready to unleash hell to take the fight to frontrunners Red Bull and help Fernando Alonso achieve his goal.

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