Formula 1 teams have quietly become some of the most valuable franchises in world sport. Forbes’ 2025 valuations put the average team at $3.6 billion – with Ferrari, Mercedes and McLaren leading the way and even Haas valued at $1.5 billion. Here’s what’s driving the boom, and what it means for the future of F1.
Tag: Ferrari
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Sainz confirmed as Leclerc’s Ferrari team mate for 2021
Two days after it was announced Sebastian Vettel would be leaving Ferrari at the end of 2020, the Italian team have confirmed Carlos Sainz as Charles Leclerc’s new team mate from 2021 onwards. Sainz, 25, will join the Italian squad on a two-year deal after two seasons at McLaren, creating the youngest driver pairing in Ferrari’s...