More Ferrari News

“I’ve Never Had to Use the ERS:” Oliver Bearman Blames His Lack of Experience for Getting Stuck Behind Nico Hulkenberg at Jeddah

Oliver Bearman highlights the only flaw from his otherwise impressive debut performance with Ferrari in Saudi Arabia.
Saudi Arabian Grand Prix

‘Both Alonso and Sainz Can Go to Red Bull’, Claims Spanish F1 Legend

Former F1 driver sheds light on the future of Fernando Alonso after his stint with Aston Martin and suggests Red Bull seat on the cards.
Fernando Alonso and Carlos Sainz

Charles Leclerc “Looking Forward To” Ferrari’s First Fully Electric Car as He Vouches for Sustainable Fuel

With the electrification of vehicles taking over the world, Charles Leclerc now shares how he is looking forward to Ferrari's electric cars
Abu Dhabi Grand Prix

Frederic Vasseur Reveals True Reason Why He Chose Oliver Bearman Over Antonio Giovinazzi

After an impressive Formula 1 debut, Frederic Vasseur explains why Oliver Bearman got the shot at Ferrari seat ahead of Antonio Giovinazzi.
Singapore Grand Prix

Oliver Bearman vs Charles Leclerc: Stats Compared ”“ Who Is Ferrari’s Future?

Let's pit Charles Leclerc and Oliver Bearman against each other and compare their career stats to predict who will lead Ferrari into their future.
Charles Lecelrc and Oliver Bearman

Oliver Bearman’s ‘Smart’ Response to Esteban Ocon’s Extreme Racing Tactics Gets Appreciated by Ex-F1 Racer

Former F1 racer Johnny Herbert talks about Oliver Bearman's debut Ferrari performance, and his battle with Esteban Ocon.
Saudi Arabian Grand Prix

David Coulthard: “He [Lewis Hamilton] Is Mentally Already Thinking About His Next Transfer to Ferrari”

After a disappointing result in the Saudi Arabian Grand Prix, David Coulthard suggests Lewis Hamilton is already looking ahead to 2025.
Las Vegas Grand Prix

Oliver Bearman’s Father Joins Brit’s Le Mans Dream Team Alongside Lewis Hamilton and Charles Leclerc

Oliver Bearman names Lewis Hamilton and Charles Leclerc alongside his father to complete his Le Mans dream team.
Saudi Arabian Grand Prix

Oliver Bearman ‘Honored’ to Have Lewis Hamilton at Ferrari: “He Can Bring Great Success”

Oliver Bearman shares a heartwarming tribute to Lewis Hamilton while predicting the 7x champion's success-bringing impact on Ferrari in 2025.
Saudi Arabian Grand Prix

Ferrari Insider on Sponge-Like Oliver Bearman: “It Is Talent”

After an amazing Saudi Arabian race, everyone is singing praises for Oliver Bearman, including many Ferrari members and non-Ferrari members. 
Saudi Arabian Grand Prix

“Bono Should Think of His Future in F1”: Fans Left Heartbroken as Lewis Hamilton’s Iconic Engineer Can’t Accompany Him in 2025

Fans are left disappointed as Lewis Hamilton is set to finally parts ways with his long-time friend and race engineer Peter Bonnington.
F1 Grand Prix of Portugal

Guenther Steiner Once Sent a Stern 3-Word Warning to Oliver Bearman That Echoed Fred Vessuer’s Message to the Brit at Jeddah

Reflecting on Oliver Bearman's impressive F1 debut, Guenther Steiner recalls a stern piece of advice he gave to the Brit in 2023.
Azerbaijan Grand Prix

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