Formula 1 is the highest class of international motor racing. It is characterized by advanced car technology, huge speeds and competition from the best drivers, such as Lewis Hamilton and Max Verstappen. It's a sport that also involves big money.
The Planet F1 website has estimated the value of all 11 teams participating in the current season. Their total value exceeded USD 40 billion.
The most valuable teams in F1. Who's on the podium?
Ferrari was in first place, valued at $7.1 billion. compared to USD 2 billion in 2020 “This brand is probably the most recognizable brand in global motorsport. “It is in a strong position to have transformed from a luxury sports car manufacturer into a lifestyle brand whose merchandise and licensing business has improved its financial performance and increased its accessibility,” writes Planet F1.
He calculates that with estimated revenues exceeding USD 720 million and cash prizes typically exceeding USD 100 million. and sponsorship revenues estimated at approximately USD 300 million, Ferrari's operating profit is approximately USD 150 million.
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The recent sale of part of the shares in one of the holding companies allowed the valuation of the team to be determined Mercedes F1 at the level of over USD 6 billion. There was also a significant jump from USD 1.8 billion. in 2020
The team is owned by Mercedes-Benz AG, Jim Ratcliffe (Ineos) and an investment group led by Toto Wolff. They all own one-third of the shares.
Team Mercedes F1 is one of the most profitable sports teams in the world, with operating income of approximately $227 million.
Third place on the podium is McLaren, valued at $5.2 billion. compared to USD 740 million in 2020
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“From financial crisis to powerhouse. McLaren's financial transformation over the last five years has been extraordinary. MSP Capital's investment provided much-needed capital as the wider McLaren Group faced financial headwinds. It gave the F1 team the freedom it needed to continue to grow and maintain its on-track performance during the pandemic,” writes Planet F1.
Red Bull Racing off the podium. How much are all F1 teams worth?
|
Ferrari |
7.1 |
|
Mercedes |
6.4 |
|
McLaren |
5.2 |
|
Red Bull Racing |
4.9 |
|
AstonMartin |
3.3 |
|
Williams |
2.7 |
|
Alpine |
2.6 |
|
Audi |
2.6 |
|
Visa Cash App RB |
2.4 |
|
Haas |
1.9 |
|
Cadillac |
1.6 |
Red Bull Racing is just behind the podium. The team of multiple world champion Max Verstappen was valued at $4.9 billion. This is four times the amount in 2020. Back then, estimates were at $1.2 billion. In 2004, Red Bull acquired Jaguar Racing for just £1 and the investment has since developed into one of the biggest teams on the grid.
Next, with a larger loss, is Aston Martin ($3.3 billion), and Williams, Alpine and Audi ($2.6-2.7 billion) have very similar statistics.
The strategic tie-up with Red Bull Racing helps boost the valuation Racing Bulls, which would not otherwise justify the $2.4 billion figure. from revenues alone.
At the end are the Haas teams ($1.9 billion) and the new team – Cadillac ($1.6 billion).
