Formula 1 is the highest level of motorsport racing by the International Automobile Federation and is also the most expensive sports tournament on the planet. Research and production costs for each F1 team are hundreds of millions of dollars each year.
Every March, the new Formula 1 season officially begins. Here are 10 F1 teams with the most expensive estimates, based on data on each team’s racing income, budgets, sponsorship deals, and investments.
1- Ferrari: 1.35 billion USD
The Scuderia Ferrari racing team topped with $1.35 billion. This is also the oldest racing team still competing, participating in Formula 1 for the first time in 1950, is also the most successful team in history with 16 team championships, and 15 individual championships.
The team once owned many legendary riders such as Alberto Ascari, Niki Lauda, Kimi Räikkönen, Fernando Alonso, and especially Michael Schumacher – the greatest F1 driver with seven championships.
Although Ferrari has a big profit, the F1 team had a disappointing 2014 season for the first time in 21 years without winning a stage. As a result, driver Fernando Alonso left Ferrari after four years empty-handed to return to McLaren. In the opposite direction, Ferrari has the service of Sebastian Vettel, who had four consecutive F1 championship seasons in the Red Bull shirt from 2010 to 2013.
2- McLaren: 810 million USD
Second on this list is the famous British racing team – McLaren, worth 810 million USD. It is also the second oldest F1 racing team to compete, with its first appearance since 1966 in the Monaco Grand Prix. Since then, McLaren has won 8 team championships, 12 individual championships, and each owns the extremely famous close duo Alain Prost – Ayrton Senna.
The 2014 McLaren season only ranked 5th and no longer receives a $75 million sponsorship contract from Vodafone a year.
This year, the team has the service of Fernando Alonso, who won the F1 twice. With that, McLaren bid farewell to Mercedes engine supplier to reunite Honda with a contract worth $100 million per season.
3- Red Bull: $640 million
Red Bull Racing, estimated at $ 640 million, is one of two Formula 1 teams owned by the “giant” in the Austrian beverage industry Red Bull GmbH. At the beginning of this decade, Red Bull was the racing team dominating the Formula 1 village with four consecutive team championship titles and four consecutive individual championships from 2010 to 2013 by the excellent racer Sebastian Vettel, thereby Significantly improve the value of this relatively young F1 team.
The new season of 2015, with Vettel moving to Ferrari, Daniel Ricciardo – who ranked third individual last year, will naturally become the main driver of Red Bull. The car of the RBR11 team was declared by Renault engine supplier to have comprehensive improvements and complete changes. However, Red Bull only aims to end the season in the Top 4.