07 July 2023
Formula One chief executive Stefano Domenicali has revealed that F1 teams are refusing offers of ‘almost billions’ from potential investors.
Spotico recently produced a study about the dramatic increase in the value of F1 teams.
F1 Team Values 2023: Not surprisingly, Ferrari is on top at US$3.13 billion.
The average team value UK$1.5 billion.
Mercedes’s valuation is US$2.7 billion, and Red Bull’s at US$2.42 billion.
McLaren, Aston Martin and Alpine are both valued at over US$1 billion.
Haas is the least valuable team at US$100 million.
I am curious to know how the values are calculated; I do know that only Mercedes and Ferrari showed a noteworthy profit in 2022.
Whilst Aston Martin, McLaren, and Williams reported losses.
Ferrari receives a US$100 million ‘heritage payment’ per season due to their long-standing presence in the sport and impressive track record as the most successful team in F1 history.
For context, in 2022, McLaren was valued at UK£560million.
Reports surfaced earlier this year that indicate Red Bull might be looking to sell their sister team, AlphaTauri.
This rumour was dismissed; AlphaTauri will remain wholly owned by Red Bull and continue running as a junior team.
Any thoughts on why the teams are reluctant to sell with such potential gains on offer?