F1 funds are as robust as they’ve ever been, as present income ranges are understood to be over $3 billion.
This has led to F1 groups growing their revenue margins, with Ferrari being estimated because the championship’s Most worthy constructor at $3.9b, forward of Mercedes on $3.8b.
However even the least invaluable groups are nonetheless financially robust, as Williams is price roughly $725m.
This comes amid F1’s reputation increase, which has resulted in quite a few buyers coming into the sequence within the 2020s – so who’s every workforce owned by?
Crimson Bull Racing – Crimson Bull GmbH
Personal conglomerate Crimson Bull GmbH, principally recognized for its power drinks model, precipitated a stir when it purchased Jaguar Racing in 2005 to create an F1 workforce in its personal identify. Crimson Bull Racing has since turn into probably the most profitable groups in F1 historical past, successful 13 world championships (six constructors and 7 drivers) with star drivers like Sebastian Vettel and Max Verstappen.
Though Christian Horner has been Crimson Bull’s workforce principal since its debut, he doesn’t maintain a stake within the model. As an alternative, Crimson Bull has two shareholders: Chalerm Yoovidhya (51%) and Mark Mateschitz (49%), whose late fathers based the Austro-Thai firm in 1984.
Picture by: Crimson Bull Content material Pool
Mercedes F1 Staff – Mercedes-Benz Group, Toto Wolff and INEOS
The Mercedes F1 Staff is owned in equal elements by three events: Mercedes-Benz Group, CEO Toto Wolff and INEOS.
This present Mercedes workforce joined F1 in 2010 when Daimler, now generally known as the Mercedes-Benz Group, bought a forty five.1% stake in reigning world champions Brawn GP, whereas Aabar Investments acquired 30%. Each entities purchased the remaining 24.9% in 2011, then owned by workforce administration, earlier than Daimler assumed full management in 2012.
The workforce had one other possession reshuffle in 2013 when Wolff joined from Williams and bought a 30% stake. This coincided with the non-executive chairman of the board Niki Lauda shopping for 10%, whereas the dad or mum firm owned the remaining 60%.
That construction helped Mercedes to win a record-breaking six consecutive double world championships from 2014 to 2019, the yr Lauda died, that means his 10% was returned to Mercedes. In 2020, chemical firm INEOS purchased a 3rd of the corporate which resulted in Wolff growing his stake and Daimler lowering its majority share, earlier than Mercedes received its eighth straight constructors’ title the next yr.
Picture by: Andy Hone / Motorsport Images
Scuderia Ferrari – Public, Exor N.V. and Piero Ferrari
Ferrari S.p.A runs its personal F1 workforce, which is the one constructor to have competed in each season because the sequence debuted in 1950. Ferrari’s possession is break up 3 ways: public (67.09%), Exor N.V. (22.91%) and Piero Ferrari (10%).
The Italian producer has been a public buying and selling firm since 2015 with inventory change listings in New York and Milan. By means of these listings, Exor N.V. bought a stake and that’s the holding firm of the Agnelli household, the founders of Fiat, with John Elkann, Ferrari chairman, additionally performing as its CEO. When Enzo Ferrari died in 1988, he handed 10% of the corporate to his second and solely residing son Piero, who additionally serves as vice chairman.
Picture by: Glenn Dunbar / Motorsport Images
McLaren Racing – McLaren Group and MSP Sports activities Capital
McLaren Racing is 67% owned by the McLaren Group, which is the holding firm based by Ron Dennis in 1985 that runs each the motorsport and automotive branches of the McLaren household.
The group undertook a leadership change in March 2024 when Mumtalakat, the sovereign wealth fund of Bahrain, gained full possession after first holding a 30% share in 2007. It turned a majority holder when Dennis bought his remaining 25% in 2017, earlier than taking full possession “following the conversion of all choice shares into peculiar shares”.
American funding agency MSP Sports activities Capital additionally holds a minority stake within the F1 workforce, after investing £185m for 15% in 2020 earlier than growing to 33% come the top of 2022.
Picture by: Zak Mauger / Motorsport Images
Aston Martin F1 Staff – AMR Holdings GP Restricted and Arctos Companions
The Silverstone-based squad has skilled a number of possession modifications over time. It started with Jordan in 1991 earlier than workforce founder Eddie Jordan bought his outfit to the Midland Group in 2005, who in flip handed it onto Spyker Automobiles the next yr.
A consortium led by businessmen Vijay Mallya and Michiel Mol purchased the Spyker workforce in 2007 and fashioned Power India, however the squad entered administration 11 years later. This resulted in a consortium of buyers known as Racing Level UK, led by Lawrence Stroll, buying the belongings and rebranding the workforce as Racing Level Power India earlier than dropping the ‘Power India’ tag in 2019.
Racing Level UK later turned AMR Holdings GP Restricted in 2021 to coincide with the constructor turning into the Aston Martin F1 Staff, after Stroll turned the producer’s govt chairman. This implies the F1 workforce has remained beneath that possession guise since 2018, though November 2023 noticed personal fairness agency Arctos Companions buy an undisclosed, minority share within the workforce’s holding firm.
Picture by: Erik Junius
Alpine F1 Staff – Renault Group and Otro Capital
The Enstone-based squad has additionally gone by varied possession modifications, identical to the workforce from Silverstone. It’s presently beneath the management of the Renault Group, whom the workforce was named after till 2021 when it switched to Alpine which is the corporate’s sports activities automobile model.
However it’s not a full possession. It’s because in June 2023, the workforce bought 24% of its shares to US-based funding group Otro Capital, which incorporates RedBird Capital Companions and Most Effort Investments for simply over €200m.
The deal sparked an enormous response as a result of the funding group features a sequence of high-profile athletes like world champion boxer Anthony Joshua, England footballer Trent Alexander-Arnold, golf main championship winner Rory McIlroy and Tremendous Bowl-winning quarterback Patrick Mahomes – in addition to Hollywood actors and Wrexham FC house owners Ryan Reynolds and Rob McElhenney.
Picture by: Alpine
RB F1 Staff – Crimson Bull GmbH
RB is the second F1 constructor owned by Crimson Bull GmbH, who purchased the workforce from Minardi for the 2006 season and rebranded it as Toro Rosso – which is ‘Crimson Bull’ in Italian, the place the squad is predicated.
Toro Rosso was fashioned to function Crimson Bull’s junior workforce, that means that over time seven drivers have raced for the Faenza-based squad earlier than being ‘promoted’ to Crimson Bull – these seven being Vettel, Verstappen, Daniel Ricciardo, Daniil Kvyat, Pierre Gasly, Alex Albon and Robert Doornbos, although he was signed from Minardi.
However Crimson Bull operating each groups is sort of controversial, as McLaren Racing CEO Zak Brown has voiced his discontent over two squads having such an in depth partnership. Though the ‘A’ workforce has been known as Crimson Bull since its debut, Toro Rosso rebranded as AlphaTauri for 2020 earlier than turning into RB in 2024.
Picture by: Crimson Bull Content material Pool
Williams Racing – Dorilton Capital
Williams Racing was as soon as F1’s dominant workforce because it received 16 world championships (9 constructors and 7 drivers) throughout the Nineteen Eighties and Nineties, after Frank Williams and Patrick Head co-founded the squad in 1977 with the previous holding the bulk share.
However the twenty first century introduced monetary challenges that Williams struggled to deal with, as huge firms like Mercedes and Crimson Bull entered F1 whereas producers like Ferrari already had a better funds.
This led to it turning into F1’s least aggressive outfit on the time the Williams household relinquished management in 2020, with Dorilton Capital taking full possession. Dorilton is a US-based personal funding agency that invests in companies throughout completely different business sectors and Matthew Savage serves as its chairman.
Picture by: Zak Mauger / Motorsport Images
Sauber – Longbow Finance S.A. and Audi
Peter Sauber fashioned PP Sauber AG, later generally known as Sauber Motorsport, in 1970 to initially compete in sports activities vehicles earlier than shifting to F1 for 1993. Simply two years after its debut, Crimson Bull GmbH’s co-founder Dietrich Mateschitz bought a majority share with the power drinks model serving as Sauber’s title sponsor.
However the two events then had a falling out when the workforce signed an inexperienced Kimi Raikkonen for 2001 over the Crimson Bull-backed Enrique Bernoldi. This led to Mateschitz promoting his stake to international funding financial institution Credit score Suisse in 2002, who then bought its share to BMW three years later whereas Peter retained 20% of his firm.
BMW’s withdrawal on the finish of 2009 meant Peter repurchased his workforce, earlier than transferring a 3rd of the corporate to CEO Monisha Kaltenborn in 2012. Simply 4 years later there was yet one more possession change, as the corporate was bought to Swiss funding agency Longbow Finance S.A and the sale coincided with Peter’s retirement.
German producer Audi then acquired a 25% stake in early 2023 as preparation for a full takeover come 2026, which can outcome within the workforce being named after the Volkswagen-owned model.
Picture by: Sauber
Haas F1 Staff – Haas Automation
The Haas F1 Staff is run by Haas Automation, who has full possession of the squad. Haas Automation is a machine device producer that was based by American entrepreneur Gene Haas, who first fashioned a NASCAR workforce in 2002 earlier than including F1 to his portfolio in 2016.
Given this, Haas doesn’t have the identical backing because the likes of Ferrari or Mercedes, leading to it being one in all F1’s least aggressive outfits since its debut. Nonetheless, it nonetheless receives sufficient funding with cash switch firm MoneyGram serving as its title sponsor.
Picture by: Zak Mauger / Motorsport Images