More Ferrari News

“41 and Still Slaying”: Fernando Alonso Showing His Class in Bahrain Leaves the F1 World Rooting for the Veteran Champ

Fernando Alonso is on the podium in his very first race with Aston Martin. And the fans have been swooning over this commanding drive!

“Wow Like It’s 2007”: Fernando Alonso & Lewis Hamilton Roll Back the Clock With “Serious” Desert Duels in F1 Season Opener

The epic fight between Fernando Alonso and Lewis Hamilton leaves fans reminiscing about the battles of the past during their time at McLaren.
F1 Grand Prix of Abu Dhabi – Previews

Charles Leclerc Put on the Spot With “Sandbagging” Jokes Galore From Max Verstappen: “I Will Expect Them…”

Max Verstappen takes a cheeky dig at Ferrari man Charles Leclerc during the Bahrain GP qualifying session for finding a surprise performance.
Miami Grand Prix

Why Max Verstappen & Charles Leclerc May Not Want to Win the Bahrain Season Opener?

The looming curse may push Red Bull and Ferrari to not want their drivers, Max Verstappen and Charles Leclerc to win the Bahrain GP.
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Racing at 41, 2X Champion Fernando Alonso Termed the “GOAT” As the F1 Community Gives Iconic Metaphors: “Matured Quite Nicely”

The F1 community hailed the 41-year-old 2x world champion with over two decades of experience, Fernando Alonso, who is now back at the top.
WhatsApp Image 2023-03-03 at 7.18.27 PM

Clever Frederic Vasseur Takes Charge of Ferrari’s Weak Frontier as Charles Leclerc Left Focused & Relaxed: “I’ll Keep This Approach”

The 2023 campaign of Ferrari is already witnessing a change in approach as Frederic Vasseur took a call for Charles Leclerc's quali and race strategy.
Japanese Grand Prix

Carlos Sainz Aims to Bypass the Fernando Alonso Hype Train Amid Strong Aston Martin Hopes: “We Will Fight”

Carlos Sainz hopes to go head-to-head against his idol Fernando Alonso as both their teams are ready to move their fight from the middle to the front of the grid.
Hungarian Grand Prix

George Russell Hypes Up His Mentor To Be the “Bigger” Threat for Charles Leclerc & Co: “To Be Honest”

George Russell uplifted the spirit of the man of the moment by hailing him as a firm favorite over Ferrari's Charles Leclerc and Carlos Sainz.
F1 Grand Prix of The Netherlands – Previews

Lewis Hamilton & Mercedes Have Another Card up Its Sleeves To Tackle Max Verstappen in the Desert: “Hope That It Works Better”

Mercedes star driver Lewis Hamilton has a different plan for the upcoming Bahrain race on n Sunday to tackle pole-sitter Max Verstappen.
Abu Dhabi Grand Prix

“Stupido” Toto Wolff’s Antics With Ferrari’s Frederic Vasseur Leaves Fans Yearning: “Toto X Fred Carpool This Season”

As Ferrari boss Frederic Vasseur and Mercedes' Toto Wolff exchange friendly banter post-qualifying, fans demand a separate DTS episode.

Lewis Hamilton’s Reluctant Welcome of Fernando Alonso in the Competitive Fray Hints at Sparks Reigniting: “Not Great for Us”

The latest performance by Fernando Alonso in Bahrain saw an elated Lewis Hamilton but he's out there with caution ahead of the big race.
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“Fix This Tractor Man”: Lewis Hamilton Fans Left Annoyed on Bahrain Performance as Toto Wolff Teases Mercedes’ Change of Plans

The latest performance by Mercedes in Bahrain left Lewis Hamilton fans unhappy as Toto Wolff must look for alternatives to avoid disaster.
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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