Which teams earn the most money in Formula 1?
Formula 1 is almost in the middle of the season and there is a close fight between Hamilton and Verstappen. The great teams have dominated in recent years so we will tell you which ones make the most money.
We present the Forbes data of the best-valued and highest-earning teams for 2019. Photo: Unsplash
LatinAmerican Post | Gregory Ahumada
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Leer en español: ¿Qué escuderías ganan más dinero en la Fórmula 1?
The 2021 Formula 1 season that started in March is almost halfway through. The COVID-19 pandemic forced the rescheduling of several of the events and due to restrictions and the changing conditions of the pandemic, the Grand Prix of Canada, Singapore, and Australia were canceled, while that of China had to be postponed. Currently, the championship has at the top the Dutchman Max Verstappen of the Red Bull team and the multiple champions Lewis Hamilton of the Mercedes team, just 8 points behind the first.
Let's remember that, traditionally, the championship has been dominated by the Ferrari, Mercedes, Williams, McLaren, and recently Red Bull teams. In addition, in the last 10 years, the pilots Sebastian Vettel and Lewis Hamilton have alternated the podium, except in the 2016 edition won by Nico Rosberg. That is why we want to show you which are the teams that earn the most money in Formula 1.
Also read: Why is Red Bull Always Leading in Formula 1 and Other Sports?
According to Forbes, Formula 1 has been unsustainable for mid-level teams. That is why the classic teams continue to dominate and other teams such as Lotus, Force India and Manor Racing have had to close down. Throughout the history of Formula 1, this has been a constant as many teams have not been able to withstand the high financial pressure. Here we present the Forbes data of the best-valued and highest-earning teams for the year 2019:
The French team had a value of 640 million and revenues of 195 million dollars. Their last constructors' championships were in 2005 and 2006, achieved when the young Spanish champion Fernando Alonso was part of the team. However, this season Renault became Alpine F1.
The British team is one of the classics of the contest. It obtained its last constructors' championship more than 20 years ago and let's remember that it was merged with Mercedes until about ten years ago. In 2019 it was valued at 620 million and had an income of 165 million dollars.
3. Red Bull Racing
This British team is part of the energy drink giant Red Bull. They have already ventured into other sports and it has become very strong thanks to the football teams with their brand. In Formula 1 it has had golden times recently, such as when its driver Sebastian Vettel won 4 championships in a row from 2010 to 2013, achieving the same constructors' trophies. It was valued at 620 million and had an income of 327 million dollars.
2. Mercedes- Benz-
Mercedes-Benz is at its best. He has won the last 7 Formula 1 championships; 6 achieved by Lewis Hamilton and 1 by the German Nico Rosberg in 2016, also obtaining the constructors' championships of these editions. The team has been valued at 1015 million dollars and had revenues of 451 million.
This Italian giant is considered the most iconic in Formula 1. It is the oldest and most successful team with 16 championships. The last championship of one of its drivers was with Kimi Räikkönen in 2007 and of constructors in 2008. Although the golden years with Michael Schumacher are behind, it is still the popular team with more money. It was valued at $ 1.35 billion and received revenues of $ 426 million.
The season will continue on August 1 with the Hungarian Grand Prix. Surely the close fight for the podium between Verstappen and Hamilton will continue, much more after the accident that involved them both, which caused the first to retire from the race at the Silverstone circuit.
Fuerte accidente entre Hamilton y Max Verstappen. Hamilton recibió una penalidad de 10 segundos y Verstappen quedó fuera de la carrera.#BritishGP pic.twitter.com/wOu420sGrp— ESPN Deportes (@ESPNDeportes) July 18, 2021