Formula 1 Racing

who are the different teams owned by?

who are the different teams owned by?

F1 finances are as strong as they’ve ever been, as current revenue levels are understood to be over $3 billion.

This has led to F1 teams increasing their profit margins, with Ferrari being estimated as the championship’s most valuable constructor at $3.9b, ahead of Mercedes on $3.8b.

But even the least valuable teams are still financially strong, as Williams is worth approximately $725m.

This comes amid F1’s popularity boom, which has resulted in numerous investors entering the series in the 2020s – so who is each team owned by?

Red Bull Racing – Red Bull GmbH

Private conglomerate Red Bull GmbH, mostly known for its energy drinks brand, caused a stir when it bought Jaguar Racing in 2005 to create an F1 team in its own name. Red Bull Racing has since become one of the most successful teams in F1 history, winning 13 world championships (six constructors and seven drivers) with star drivers like Sebastian Vettel and Max Verstappen.

Although Christian Horner has been Red Bull’s team principal since its debut, he does not hold a stake in the brand. Instead, Red Bull has two shareholders: Chalerm Yoovidhya (51%) and Mark Mateschitz (49%), whose late fathers founded the Austro-Thai company in 1984.

Photo by: Red Bull Content Pool

Mercedes F1 Team – Mercedes-Benz Group, Toto Wolff and INEOS

The Mercedes F1 Team is owned in equal parts by three parties: Mercedes-Benz Group, CEO Toto Wolff and INEOS.

This current Mercedes team joined F1 in 2010 when Daimler, now known as the Mercedes-Benz Group, purchased a 45.1% stake in reigning world champions Brawn GP, while Aabar Investments acquired 30%. Both entities bought the remaining 24.9% in 2011, then owned by team management, before Daimler assumed full control in 2012.

The team had another ownership reshuffle in 2013 when Wolff joined from Williams and purchased a 30% stake. This coincided with the non-executive chairman of the board Niki Lauda buying 10%, while the parent company owned the remaining 60%.

That structure helped Mercedes to win a record-breaking six consecutive double world championships from 2014 to 2019, the year Lauda died, meaning his 10% was returned to Mercedes. In 2020, chemical company INEOS bought a third of the company which resulted in Wolff increasing his stake and Daimler decreasing its majority share, before Mercedes won its eighth straight constructors’ title the following year.

Photo by: Andy Hone / Motorsport Images

Scuderia Ferrari…

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