F1 finances are as solid as they've ever been, with current revenue levels estimated to be more above $3 billion.This has resulted in increased profit margins for F1 teams, with Ferrari assessed as the championship's most valued constructor at $3.9 billion, ahead of Mercedes at $3.8 billion.
Even the least valuable teams are financially robust, since Williams is worth almost $725 million.This comes as F1's popularity skyrockets, prompting a slew of investors to enter the series in the 2020s - so who owns whose teams?
Red Bull Racing - Red Bull GmbH
Private conglomerate Red Bull GmbH, best known for its energy drink brand, made a sensation when it purchased Jaguar Racing in 2005 to establish its own Formula One team. Red Bull Racing has subsequently become one of the most successful teams in Formula One history, winning 13 world championships (six constructors and seven drivers) with stars like as Sebastian Vettel and Max Verstappen.
Although Christian Horner has been Red Bull's team principal from its inception, he has no ownership share in the company. Instead, Red Bull has two shareholders: Chalerm Yoovidhya (51%), and Mark Mateschitz (49%), the late fathers of the Austro-Thai corporation created in 1984.
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Mercedes F1 Team: Mercedes-Benz Group, Toto Wolff, or INEOS
The Mercedes F1 Team is jointly owned by the Mercedes-Benz Group, CEO Toto Wolff, and INEOS.
This current Mercedes team entered Formula One in 2010, when Daimler, now known as the Mercedes-Benz Group, purchased a 45.1% share in reigning world champions Brawn GP, with Aabar Investments acquiring 30%. Both corporations acquired the remaining 24.9% in 2011, which was subsequently controlled by team management, before Daimler took full control in 2012.
Wolff arrived from Williams and bought a 30% interest in the club in 2013, causing another ownership shift. This corresponded with the non-executive chairman of the board, Niki Lauda, purchasing 10%, with the parent corporation owning the other 60%.
That arrangement enabled Mercedes to win a record-breaking six consecutive double world championships from 2014 to 2019, the year Lauda died, with his 10% share returning to Mercedes. In 2020, chemical manufacturer INEOS acquired a third of the corporation, boosting Wolff's shareholding and diminishing Daimler's dominant interest, before Mercedes won its eighth consecutive constructors' title the following year.
Scuderia Ferrari: Public, Exor N.V., and Piero Ferrari
Ferrari S.p.A. owns its own Formula One team, and it is the only constructor to have raced in every season from the championship' inception in 1950. Ferrari's ownership is divided three ways: public (67.09%), Exor N.V. (22.91%), and Piero Ferrari (10%).
The Italian manufacturer has been a publicly traded firm since 2015, with stock market listings in New York and Milan. Through those listings, Exor N.V. acquired an interest in the holding firm of the Agnelli family, the creators of Fiat, with John Elkann, Ferrari chairman, also serving as CEO. When Enzo Ferrari died in 1988, he left 10% of the firm to his second and only living son, Piero, who also serves as vice chairman.
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