Sports
Ranked: The Value of Formula One Teams in 2023 🏎️
![Ranked: The Value of Formula One Teams in 2023 🏎️](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-Ranked-The-Value-of-Formula-One-Teams-in-2023--20240510132055.webp&w=3840&q=75)
What we’re showing
The estimated value of Formula 1 teams as of 2023, according to Forbes estimates.
Key takeaway
The majority of F1 teams are worth over $1 billion, with the entire grid worth a combined $18.8B.
Context
- F1 team values have exploded in recent years as the sport experiences strong growth in the U.S., partly due to the popular Netflix series, Drive to Survive.
- Average team revenue has grown from $220M in 2018, to $380M in 2023.
- Team revenues have grown thanks to a cost cap introduced in 2021, correcting the previous trend of teams operating at a loss due to extremely high R&D spending.
Dataset
Team | Value (million USD) | |
---|---|---|
Scuderia Ferrari | 3900 | |
Mercedes-AMG PETRONAS F1 Team | 3800 | |
Oracle Red Bull Racing | 2600 | |
McLaren Formula 1 Team | 2200 | |
BWT Alpine F1 Team | 1400 | |
Aston Martin Aramco F1 Team | 1375 | |
Scuderia AlphaTauri | 1125 | |
Alfa Romeo F1 Team Stake | 900 | |
MoneyGram Haas F1 Team | 780 | |
Williams Racing | 725 |
48
0
1.6K