Ferrari Ranked Most Valuable Formula 1 Team In New Report

A new report by Sportico has revealed that Ferrari is the most valuable team among the ten Formula 1 franchises. According to the findings published on Thursday, Ferrari’s valuation stands at an impressive $6.4 billion. The report highlights how the financial value of Formula 1 teams has grown significantly in recent years, with the combined valuation of all ten teams surpassing $34 billion. This increase reflects the sport’s rising popularity, strong global fan base, and expanding commercial opportunities.

Sportico’s data shows that the average Formula 1 franchise is now valued at $3.42 billion. This figure is higher than the average value of a Major League Baseball (MLB) team, which is $2.82 billion. This positions Formula 1 as one of the most valuable sports leagues in the world, ranking behind only the National Football League (NFL) and the National Basketball Association (NBA). The rising value of F1 teams demonstrates how the sport has evolved into a powerful global business with strong investments and high revenue potential.

A major reason behind the growth in valuations is the increasing prize money distributed among the teams. Sportico reported that the ten teams received a total of $1.27 billion in prize money during the 2024 season, up from $1.22 billion in the previous year. This distribution is based on the teams’ final positions in the Constructors’ Championship and Formula 1’s annual revenue. Teams that perform consistently well or have won past championships receive additional financial rewards. Ferrari also receives a historic bonus worth tens of millions of dollars each year due to its long-standing legacy and contribution to the sport since its early days.

Following Ferrari, Mercedes ranked as the second-most valuable team with a valuation of $5.88 billion. McLaren came third with $4.73 billion, while Red Bull Racing stood in fourth place at $4.32 billion. Red Bull’s strong performance in recent seasons, led by four-time world champion Max Verstappen, has helped the team maintain a high value. These top teams benefit from large fan followings, strong sponsorship deals, competitive performance, and successful brand identities.

Even the team with the lowest valuation, Haas, holds a value of $1.68 billion. This number still exceeds the valuation of some established American sports teams, including the MLB’s Milwaukee Brewers, valued at $1.63 billion by Sportico. This comparison highlights how even the smallest teams in Formula 1 are part of an elite and highly valuable global market.

The new valuation figures demonstrate how Formula 1 has transformed into a powerful commercial industry, supported by global media deals, digital engagement, growing sponsorship, and expanding race calendars. The sport’s popularity has surged in recent years, helped in part by documentaries, social media visibility, and new markets such as the United States, the Middle East, and Asia. As a result, investor confidence in Formula 1 continues to rise, pushing team values to new heights.

Sportico’s latest valuation report clearly shows that Formula 1 has entered a new era of financial strength and global influence. With Ferrari leading the list at $6.4 billion and even the lowest-ranked team valued above $1.6 billion, the sport’s economic landscape is stronger than ever. The growing fan base, competitive racing, and increasing commercial activities are expected to push valuations even higher in the coming years, making Formula 1 one of the most dynamic and valuable sports worldwide.