Forbes has published an assessment of the cost of each Formula 1 team. According to the publication, the average team value is now $1.8 billion, which is 276% more than in 2019.
This increase in costs is largely due to the introduction of budget constraints – until 2021, teams could spend up to 400 million a year and these costs were difficult to recoup. Now, after budget cuts, the teams make about $600 million a year in profits before taxes and other mandatory deductions.
The Ferrari team is the most valued, valued at nearly $4 billion. The cheapest is Williams – 725 million dollars.
The cost of Formula 1 teams in 2023
| Team | Price |
| Ferrari | $3.9 billion |
| Mercedes | $3.8 billion |
| Red Bull | $2.6 billion |
| McLaren | $2.2 billion |
| Alps | $1.4 billion |
| Aston Martin | $1.3 billion |
| AlphaTauri | $1.1 billion |
| Alfa Romeo | $900 million |
| hare | $780 million |
| Willems | $725 million |
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
