Richest team owners in F1 (2025)

Formula One, the highest class of open-wheel single-seater racing, has been around since 1950. It is one of the most expensive sports. The sport has the 20 best drivers in the world, and some of them are the highest-paid athletes.

There is a significant amount of money flow in Formula One. It earns millions of dollars. The teams get their fair share of income from various sources. From sponsorship deals to prize money. This high-class racing attracts the best organizations in the world.

Everyone wants to be associated with the sport, thanks to its growing popularity. The Netflix series Formula One: Drive to Survive has contributed to sports blowing up globally. This led to an increase in the money flow. The team owners are some of the richest people in the world. 

Here is the list of the richest team owners in Formula One

10. Toto Wolff, Mercedes ($1.6 billion)

Toto Wolff, the Mercedes team principal, is also a co-owner of the team. His net worth is estimated to be around $1.6 billion. Wolff owns a 33 percent stake in the team. He is a brilliant businessman who has given speeches at Harvard. Wolff has been a part of the company since 2013. The Austrian billionaire is the richest team principal on the grid.

Wolff’s leadership was pivotal in the team’s success in the Turbo Hybrid era with Lewis Hamilton. The Austrian was previously a shareholder of Williams Racing.

9. Lawrence Stroll, Aston Martin ($3.8 billion)

Lawrence Stroll is a popular figure spotted in the paddock. He owns Aston Martin. The businessman has a net worth of $2.9 billion. Stroll has expanded his business outside motorsports as well. He made investments in retail. His son Lance Stroll is one of Aston Martin’s drivers. Stroll is a successful entrepreneur.

The Canadian billionaire has made major investment in Formula 1 over the years. He even came to an exclusive power unit deal with Honda for Aston Martin, starting from the 2026 season.

8. Piero Ferrari, Ferrari ($8.8 billion)

Piero Ferrari is an Italian businessman. He holds a net worth of $8.8 billion and is a partial owner of the historic Formula One team, Ferrari. His father, Enzo Ferrari, was the iconic founder of the team. Piero owns a 10.26 percent stake in Ferrari.

He proudly holds the ownership of the Formula One team, Ferrari. Michael Schumacher is the most dominant champion of the team’s history. The Scuderia remains the most iconic team in racing history with Lewis Hamilton joining Maranello this year.

7. James Ratcliffe, Mercedes ($15.6 billion)

Sir James Ratcliffe is a British billionaire. He is the chairman and CEO of INEOS chemical group. They are the majority owners of the Mercedes AMG Petronas Formula One team. He has a net worth of $15.6 billion, according to Forbes.

Ratcliffe has his eyes on other sports as well. Record world champions Lewis Hamilton and Michael Schumacher have raced for the team. It has also given opportunities to world champion Nico Rosberg and superstar drivers George Russell and Valtteri Bottas.

6. Abu Dhabi’s CYVN Holdings, McLaren ($17.6 billion)

The largest shareholder of the McLaren Group is the Bahrain Mumtalakat Holding Company. Their net worth is $17.6 billion. They acquired full ownership of McLaren Group in early 2024. The McLaren Formula One team falls under this. Their revenue comes from oil and gas and also other investments.

The royal family of Bahrain owns McLaren. However, it is a public company Though, the holding firm has sold 100% control of McLaren automotive to Abu Dhabi’s CYVN Holdings.

5. Groupe Renault, Alpine ($31.6 billion)

The richest team owner is the Groupe Renault. It is a French multinational automobile organization. This company owns Alpine, the French Formula One team. It has a total net worth of $31.6 billion.

They have been manufacturing automobiles since 1899. Private shareholders own more than 62% of Groupe Renault. There is a cross-ownership agreement between Nissan and the French company, each owning 15%

4. Chalerm Yoovidhya, Red Bull ($36 billion)

Chalerm Yoovidhya is a Thai billionaire who co-owns Red Bull GmbH. He is the co-founder of the energy drinks giant alongside late Dietrich Mateschitz. Yoovidhya’s family is considered to be one of the richest in Thailand with a net worth of $36 billion.

Chalerm Yoovidhya owns Red Bull Racing and VCARB through Red Bull GmbH. Though, the Thai billionaire is often considered to be less active in F1 operations compared to his Austrian counterparts.

3. Mark Mateschitz, Red Bull ($36.9 billion)

Mark Mateschitz is the majority stakeholder of Red Bull. His billionaire father, Dietrich Mateschitz, built the multi-billion dollar empire. He passed away in 2022, making his son the wealthiest owner. Red Bull honored him after their race win.

Mark Mateschitz owns Red Bull Racing and VCARB which act as the next step for Red Bull junior drivers aiming for F1 entry. He has a net worth of $36 billion.

2. Volkswagen Group, Stake F1 team (Audi) ($46.85 billion)

Audi has taken complete control of the Sauber Group which runs the Stake F1 team. The German carmaker will be officially entering the sport in 2026 with its own power units. The carmaker has already made major changes within the team to prepare for its entry.

Audi is part of the auto behemoth Volkswagen Group, which is worth $46.85 billion. As such, the German giant sits second on this list. Previously Audi’s sister brand Porsche was also rumored to be trying to enter the sport but failed to find a suitable partner.

1. Mercedes-Benz Group AG, Mercedes ($54.6 billion)

Mercedes is one of the largest carmakers in the world. The German giant has made history in Formula 1 over the years. The Silver Arrows are the richest owners of a team in the sport, albeit it shares ownership with Toto Wolff and James Ratcliffe.

The German carmaker has a 33% stake in the Mercedes F1 team. The carmaker is known for its hands-off approach to the F1 operations, allowing Toto Wolff to run the squad without any unnecessary external influence.

Besides everyone mentioned above, Gene Haas, the founder of the Haas Formula One team, and Haas Automation and Former Formula 1 Group CEO Bernie Ecclestone are among the wealthiest people associated with Formula One. Haas has a total net of $250 million, while Ecclestone has a $3 Billion net worth.