More Ferrari News

Charles Leclerc Shown the Writing on the Wall as Bruised Ferrari Punched Badly With Hard Facts

After Charles Leclerc and Carlos Sainz's disappointing results at the Bahrain Grand Prix, an ex-F1 driver sends a warning signal to Scuderia.
Pre-Season Testing

Ferrari Under Intense Pressure as the Resurrected “Devil” Gears Up to Take Advantage of Charles Leclerc’s Issues

An unexpected threat has come alive to haunt the scarlet team Ferrari and thier golden boy Charles Leclerc
Japanese Grand Prix

Civil War Erupts at Ferrari as Aggrieved Charles Leclerc Takes a Drastic Step To Hold Frederic Vasseur Accountable

If the disastrous Bahrain GP wasn't enough for Ferrari. Charles Leclerc seems to have created a rift in the team by flouting the hierarchy.
March 5, 2023, Sakhir, Bahrain: Charles Leclerc of Ferrari after F1 Bahrain Grand Prix of 2023 Formula One World Champio

“Think Hamilton Would Go to Ferrari but…”: Lewis Hamilton-Mercedes Relationship on Cliffhanger as Pressure Mounts on Toto Wolff

Lewis Hamilton's disappointment has the pundits wondering if the man will continue to stay at Mercedes or make a move to the rivals, Ferrari.
Pre-Season Testing

Lewis Hamilton & Co. Backed to “Wake Up” Soon as Ferrari Boss Blows Off Unlikely 2023 Rival: “we might have a better picture”

Lewis Hamilton and Mercedes have been declared the team to beat by Ferrari boss Fred Vasseur, as he dismissed a challenge from a major player.
Pre-Season Testing

Toto Wolff Restores Normalcy at Mercedes F1 After Lewis Hamilton’s Disruptive Criticism

The Mercedes Boss Toto Wolff has stepped in to turn around the disappointed and frustrated atmosphere after Lewis Hamilton blasted the team.
HAMILTON Lewis (gbr), Mercedes AMG F1 Team W14, WOLFF Toto (aut), Team Principal & CEO of Mercedes AMG F1 Team, portrait

“Why Lying at This Point”: Fed Up Tifosi Abandon Hope Despite Ferrari’s Ambitious Claims Ahead of Saudi Arabian GP

After a poor show in Bahrain GP, Ferrari promise a better show in the upcoming Saudi Arabia GP but fans don't seem to buy the narrative.
Formula 1 Gulf Air Bahrain Grand Prix 2023 / 04.03.2023, Bahrain International Circuit, Sakhir, Formula 1 Gulf Air Bahra

Frederic Vasseur Deploys Radical Methods to Dismantle Mattia Binotto’s Unsuccessful Era & Bring Back Ferrari’s Glory Days Back

Frederic Vasseur's appointment and subsequent departure of key figures has led to a journalist make an interesting observation.
Frederic Vasseur (FRA, Scuderia Ferrari), F1 Grand Prix of Bahrain at Bahrain International Circuit on March 4, 2023 in

Speculations Around Lewis Hamilton’s Future Heat Up After Recent Criticism as Fans React to a Potential Switch to F1 Rival: “This Is Stupid”

The debate over Lewis Hamilton potentially moving to a different team rages further as F1 experts jump into the speculative territory.

LH44 Army Slam Mercedes’ Attempt to Shun Lewis Hamilton’s Future Rumors: “You Don’t Deserve Him”

Mercedes' attempt at putting Lewis Hamilton looking to switch teams rumors to rest goes in vain as fans slam their lack of respect.
Austrian Grand Prix

Ferrari Experiences an Extended F1 Silly Season With the Loss of Another Key Figure

Before the Saudi Arabian GP Ferrari suffer another loss in the shape of a key figure in the team's hierarchy in this extended silly season.
Japanese Grand Prix

“Perfect Circle of Life”: Sebastian Vettel’s Emotional Tribute To Generational Friendship With Schumacher Family Leaves Fans Teary Eyed

Sebastian Vettel took to his social media account to share an emotional tribute to the Schumachers that left fans in a pool of tears.
WhatsApp Image 2023-03-09 at 9.33.57 PM

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