Formula 1 Ownership: Know The Net Worth Of The Owners Of Every F1 Racing Team

Formula 1 Ownership: Know The Net Worth Of The Owners Of Every F1 Racing Team

F1 has seen a rapid increase in the fan following as more and more people are excited about how things work on and off track, know the net worth of the owners

F1 has quite a lot of money involved right from the car manufacturing plant to the car getting placed on the track. An entire well-equipped F1 car costs around $12 million. Now, let us take a look at the people and the companies that invest in a team and make sure that their car is the superior one.

Formula 1 Ownership 2021: Net Worth Of The Owners Of Every F1 2021 Team

Mercedes-AMG Petronas 

Mercedes is one of the most consistent racing teams in the F1 for more than 3 years. Mercedes has been ranked as the second-best team in the history of F1. In total, Nine Constructors’ and 13 Drivers’ Championships have been won where the car was using an engine manufactured by Mercedes-Benz.

Team Name: Mercedes-AMG Petronas

Drivers: Lewis Hamilton and Valtteri Bottas

Team Principal: Toto Wolff

CEO: Toto Wolff

Owners: Daimler AG– Net Worth: $96.55B

INEOS– Net Worth: $91 billion

Toto Wolff– Net Worth: $450 million

Red Bull Racing Honda

Red Bull has been giving Mercedes some nightmares for quite some years. With two fantastic drivers, and a genius team principal, Red Bull has a deadly crew, who are fully ready to dominate the F1. Red Bull Racing Honda currently has 4 Constructors’ and 4 Drivers’ Championships to its name.

Team Name: Red Bull Racing Honda

Drivers: Max Verstappen and Sergio Perez

Team Principal: Christian Horner

CEO: Christian Horner

Owners: Red Bull GmbH- Net Worth: $30 billion

Scuderia Ferrari 

Founded in 1929, Ferrari has been a highly reputed racing team for many years. Enzo Ferrari, the founder of Scuderia Ferrari said, “Ask a child to draw a car, and the child will draw it red”. Scuderia Ferrari has won 16 Constructors’ and 15 Drivers’ Championships so far.

Team Name: Scuderia Ferrari

Drivers: Carlos Sainz Jr. and Charles Leclerc

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Team Principal: Mattia Binotto

CEO: Benedetto Vigna

Owners: Ferrari S.p.A.– Net Worth: $37.2 billion

McLaren Racing Limited

McLaren Racing is currently at No. 3 at the F1 2021. Founded in 1963, the British racing team has been competing with everyone below Mercedes and Red Bull. This year, they have succeeded to gain an 18 point lead over Ferrari.

Team Name: McLaren Racing Limited

Drivers: Daniel Ricciardo and Lando Norris

Team Principal: Andreas Seidl

CEO: Zak Brown

Owners: McLaren Group– Net Worth: $620 million

Alpine F1

Alpine F1, previously known as Renault is a debutant team at the F1 2021. Alpine F1 is currently at No. 5 at the

Constructor Championship 2021.

Team Name: Alpine F1

Drivers: Fernando Alonso and Esteban Ocon

Team Principal: NA

CEO: Laurent de Rossi

Owners: Groupe Renault– Net Worth: $12.6 billion

Scuderia AlphaTauri Honda

Participating in their second Constructor Championship after being rebranded from Toro Rosso to AlphaTauri, the team is currently ranked sixth with 84 points to name.

Team Name: Scuderia AlphaTauri Honda

Drivers: Pierre Gasly and Yuki Tsunoda

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Team Principal: Franz Tost

CEO: Ahmet Mercan

Owners: Red Bull– Net Worth: $30 billion

Aston Martin Mercedes

Previously known as BWT Racing Point F1 Team or Racing Point F1 Team, Aston Martin is currently ranked 7 with 59 points in hand.

Team Name: Aston Martin Mercedes

Drivers: Sebastian Vettel and Lance Stroll

Team Principal: Otmar Szafnauer

CEO: Otmar Szafnauer

Owners: Lawrence Stroll – Net Worth: $3.1 billion

Williams Racing

Williams Racing was founded in 1977 by the former racing legend Sir Frank Williams. Williams Mercedes is currently 8th in the Constructor Championship with 23 points.

Team Name: Williams Racing

Drivers: George Russell and Nicholas Latifi

Team Principal: Jost Capito

CEO: Jost Capito

Owners: Dorilton Capital – Net Worth: $400 million

Alfa Romeo Racing

The Swiss racing company Alfa Romeo is currently 9th at the Constructor Championship with 7 points earned. Sauber Motorsport AG got renamed Alfa Romeo back in 2019.

Team Name: Alfa Romeo Racing

Drivers: Kimi Räikkönen and Antonio Giovinazzi

Team Principal: Frédéric Vasseur

CEO: Frédéric Vasseur

Owners: Sauber Motorsport AG – Net Worth: $200 million

Uralkali Haas F1 Team

Haas debuted in 2016 and has been consistently at the bottom of the F1 Rankings. At present, Haas stands 10th in the Constructor Championship with no points to its name so far.

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Team Name: Haas Formula LLC

Drivers: Mick Schumacher and Nikita Mazepin

Team Principal: Guenther Steiner

CEO: Guenther Steiner

Owners: Gene Haas – Net Worth: $250 million

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