More Ferrari News

Frederic Vasseur Urged to Learn From MotoGP Legend as Charles Leclerc & Co. Suffer at Ferrari’s Hands

Having struggled in a similar fashion for the past decade and a half, can Fred Vasseur and Ferrari take a lesson from Ducati's resurgence?
Charles Leclerc and Frederic Vasseur

Renowned Italian Journalist Shakes Frederic Vasseur From Slumber as Mattia Binotto’s “Cursed Gift” Retires

Frederic Vasseur shown the increased expectations for 2024, as his Ferrari stint comes to a real post-Binotto era after the 2023 fumble.
(L) Mattia Binotto and (R) Frederic Vasseur

Christian Horner Openly Makes Laughing Stock of Mercedes by Promoting Hilarious F1 Parody

In a season that has seen Red Bull’s relentless dominance in Formula 1, Christian Horner has rubbed salt in Toto Wolff’s wounds. How? The outspoken team principal openly poked fun at Mercedes! 2023 saw Red Bull clinching its third consecutive title in a season marked by triumph after triumph. In light of this, Horner seized […]
Christian Horner (L) and Toto Wolff (R)

After Carlos Sainz’s Audi Connection, Theo Pourchaire Emerges as Worthy Contender for 2026 F1 Seat

One of the biggest dramas in the 2023 Formula 1 season revolved around Charles Leclerc’s hefty contract extension at Ferrari. Amidst the rumors of the Monegasque’s staggering $215 million contract extension and an apparent bias within the team, Carlos Sainz was allegedly exploring an alternative route. Reports suggested that dissatisfied with the uncertainty surrounding his […]
Formula 1 2023: Saudi Arabian GP JEDDAH STREET CIRCUIT, SAUDI ARABIA – MARCH 18: Carlos Sainz, Scuderia Ferrari during t

“Respect the Team”: F1 Expert Attacks George Russell for Lashing Out at Mercedes over Trivial Matter

Even though the championships were wrapped up, there was still a lot at stake in the Mercedes and Ferrari camps in the penultimate race of the season. The two teams fighting for the all-important second spot saw the ball roll in each other’s favor throughout the race. While balancing and worrying about this topsy-turvey table, […]
Austrian Grand Prix

“They Don’t Deserve Him”: Charles Leclerc’s Censured Request Sees Ferrari Bear the Brunt of Tifosi’s Fury

Mercedes knows all about coming agonizingly close to a result it wanted in Abu Dhabi. Remember the 2021 Abu Dhabi GP? Well, in this year’s edition of the race, it was Ferrari that came agonizingly close to the result it wanted, only to lose to Mercedes. The result it wanted was P2 in the Constructors’ […]
Austrian Grand Prix

How Did Mercedes Upset Ferrari for P2 in the Constructors’ Despite an Erratic Abu Dhabi GP Weekend?

The 2023 F1 season finally comes to an end. Everything resets and about a three-month break before F1 returns with the winter testing. Red Bull and Max Verstappen had already sealed both the championships way before the final race. While the season-ending Abu Dhabi GP wasn’t as surprising as the 2021 finale, there was still […]
Charles Leclerc & Lewis Hamilton

Max Verstappen & Co. Bag Prestigious Crown at Abu Dhabi GP Despite McLaren’s Record-Breaking Feat

Formula 1 is a sport defined by speed and strategies. And the recently concluded Abu Dhabi Grand Prix added another chapter to this narrative. Led by the formidable Dutch driver Max Verstappen, Red Bull Racing secured their sixth consecutive DHL Fastest Pit Stop Award despite McLaren etching their name in the history books with a […]
Qatar Grand Prix

Fred Vasseur Gets Tifosi’s Approval After Crowning Charles Leclerc as No. 1 Over Carlos Sainz: “This Seals It”

Ferrari Team Principal Fred Vasseur has ignited a passionate endorsement from the Tifosi following his statement on his star driver Charles Leclerc. The buzz of approval comes as Vasseur boldly crowned Charles Leclerc as the undisputed No. 1 driver over Carlos Sainz. The statement from Vasseur came through via a post on X (formerly Twitter) […]
Charles Leclerc, Fred Vasseur, and Carlos Sainz

“Respect to Him”: George Russell Sings Praise for Charles Leclerc After Snatching $131M From Ferrari

For someone who secured only his second podium of 2023, George Russell was extremely chipper after the Abu Dhabi GP. After a tough season in which Mercedes started on the wrong foot, Russell sealed it with a P3. But that wasn’t the only thing he helped seal. Since the summer break, Mercedes had been battling […]
George Russell & Charles Leclerc

Charles Leclerc Negates Carlos Sainz’s Disability to Deliver Crushing Blow to Lewis Hamilton & Co. In $131M Battle

Despite Carlos Sainz's poor Qualifying at Yas Marina Circuit, Charles Leclerc revives the Tifosi's hopes in fight with Lewis Hamilton and Co.
Carlos Sainz Charles Leclerc Lewis Hamilton

“Stop With These Excuses”: LH Army Turns Against Lewis Hamilton as Mercedes Takes Massive Hit in Final Showdown With Ferrari

Lewis Hamilton had a shocker of a qualifying at the Abu Dhabi GP, and his excuse after the fact made his fanbase turn on him.
Las Vegas 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