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Ferrari S.p.A runs its own F1 team, which is the only constructor to have competed in every season since the series debuted in 1950. Ferrari’s ownership is split three ways: public...
Let’s not make the mistake of confusing Gene Haas who owns the Haas F1 team with Carl Haas whose Beatrice Haas team ran former champion Alan Jones in a Lola chassis for the ‘85 and ’86 F1 ...
The Formula One Group was controlled by its shareholders through the Delta Topco holding company, which through a number of holding companies registered in the United Kingdom, Jersey and Luxembourg controls the SLEC Holdings company, the Formula One Group's immediate owner.
- Bernie Ecclestone Era
- New F1 Ownership on The Horizon
- The Liberty Media Acquisition
While F1 itself began in 1950, It wasn’t until 1974 that the Formula One Constructors’ Association (FOCA) was founded, designed to increase commercial organisation of Formula 1 for the benefit of the racing teams. At this time, Bernie Ecclestone was the Brabham team owner, and he became a member of FOCA. In 1978, Ecclestone was promoted to executiv...
Following the announcement of the European Commission in June 1999 that an investigation of the FIA, Formula One Administration and the International Sportsworld Communicators for abusing dominant position and restricting competition, it was announced in the October that Morgan Grenfell Private Equity (MGPE) would be acquiring 12.5% of SLEC for £23...
In late 2016, the Formula One Group agreed to buy controlling interest in the Formula One Group for $4.4 billion and by January 2017, Ecclestone had been replaced by Chase Carey as Chief Executive of the Group. Ecclestone remained a chairman emeritus for the firm and acted as an advisor to the board. It was the end of an era for Ecclestone whose co...
Nov 3, 2023 · Each team owner, or “team boss,” holds the reins to their respective teams. For instance, Mercedes-AMG Petronas F1 Team is owned by Daimler AG and Toto Wolff. Wolff, the team boss, owns a significant stake in the group. Similarly, Red Bull Racing is owned by Austrian beverage company Red Bull GmbH.
Dec 18, 2020 · Mercedes have announced that chemical giant Ineos is buying into F1's world champion team and will become one-third equal shareholders with Daimler and Toto Wolff.
Apr 16, 2023 · The owner of the Formula One Group is an American mass media company called Liberty Media Corporation owned by billionaire John Carl Malone. Up until 2016, F1’s commercial rights were...
