Formula 1 Teams’ Value Surges to $3.42 Billion, Led by Ferrari at $6.4 Billion

Formula 1 teams have hit the gas on their collective value, accelerating to a combined worth of $3.42 billion this season, a staggering 48% increase from last year.

Ferrari Leads the Pack with $6.4 Billion Value

“Ferrari is the most expensive team in ‘royal racing’ for the third year in a row – the value of the Scuderia has increased by 34% compared to last season and is now estimated at $6.4 billion.”

Mercedes follows closely behind with a $5.88 billion valuation, up 49% from last year. McLaren completes the top three, with a record 78% increase to $4.73 billion. The cheapest team, Haas, saw its value rise by 65% to $1.68 billion.

Formula 1 Teams Outvalue MLB, Trail NFL and NBA

With an average team value of $342 million, Formula 1 has surpassed Major League Baseball ($282 million) and trails only the National Football League ($713 million) and the National Basketball Association ($551 million) among global sports organizations.

Mercedes Earns Largest Profit; McLaren Leads Constructors’ Championship

Mercedes raked in the largest profit among Formula 1 teams in 2024, with an impressive $812 million. The total income of all 10 teams before interest and taxes was $4.5 billion.

As the season enters its final stretch, McLaren leads the constructors’ championship with 756 points, followed by Mercedes (398 points) and Red Bull (366 points).

Did You Know?

• Ferrari’s value is greater than the combined worth of the 30 smallest teams in the NFL.
• McLaren’s 78% increase in value is the highest ever recorded in a single season for a Formula 1 team.

FAQs

Which team is the most valuable in Formula 1?

Ferrari, with a value of $6.4 billion.

Which team leads the constructors’ championship?

McLaren, with 756 points.

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