Formula 1‘s financial landscape has transformed remarkably in recent years, with all 10 teams now valued above $1 billion by 2025. Leading this surge is Ferrari, whose valuation stands at $4.78 billion, bolstered by the arrival of seven-time champion Lewis Hamilton. This overview ranks teams by their latest valuations, highlighting notable growth and market movements in the pinnacle of motorsport.

Young American Team Haas Reaches Over $1 Billion

Haas, the newest entrant among Formula 1 teams since 2016, has seen its value rise sharply to $1.02 billion in 2024. Owned by Gene Haas, the team has yet to secure a race win or podium finish, but its presence in the sport and the public profile of former Team Principal Guenther Steiner have helped propel its valuation. This marks a substantial increase from 2023’s $780 million figure, with the team turning profitable in 2025 without further financial input from its owner.

Sauber’s Evolving Legacy and Audi’s Upcoming Takeover

Sauber, competing since 1993 and known for its lone victory at the 2008 Canadian Grand Prix, climbed from a $900 million valuation in 2023 to $1.2 billion by the end of 2024. The team, racing recently under the Kick brand, is poised to benefit further from Audi‘s planned acquisition in 2026, which may drive future valuation growth.

Racing Bulls Maintain Steady Growth as Red Bull’s Junior Team

Serving as Red Bull‘s junior outfit, Racing Bulls (also known as VCARB) displayed improved performance in 2025 with a car surpassing the senior team’s handling. Its valuation edged up from $1.125 billion in 2023 to $1.22 billion post-2024, reflecting its gradual yet positive development trajectory.

Williams’ Remarkable Revival Elevates Its Value

Williams F1 experienced one of the most pronounced valuation increases, jumping from $725 million in 2023 to $1.24 billion in 2024, climbing three ranks among F1 teams. Much of this rise is credited to Team Principal James Vowles, whose leadership revitalized the team’s operations. Additionally, recruiting Carlos Sainz from Ferrari further strengthened the squad’s profile.

Alpine’s Star-Studded Investment and Moderate Valuation

Alpine, owned by Renault, saw a $1.5 billion valuation boosted by significant outside investment after selling a 24% stake to RedBird Capital Partners and Otro Capital in 2023. This brought high-profile investors like Ryan Reynolds, Michael B. Jordan, and Rob McElhenney on board. However, on-track performance has yet to reach the heights expected by such a star-studded ownership group.

Aston Martin’s Impressive Valuation Leap

The Lawrence Stroll-owned Aston Martin team made a dramatic leap, rising from $1.375 billion in 2023 to $2.07 billion entering 2025. Notably, Aston Martin is the only team in 2025 to announce a public stake sale, revealing plans in July 2025 to sell 4.6% for $146 million, which would suggest a valuation near $3.2 billion. However, pending confirmation of this deal means the official valuation remains at $2.07 billion at the start of the 2025 season.

McLaren Racing’s Comeback Fueled by Leadership and Sponsorship

McLaren Racing’s resurgence peaked in 2024 under Team Principal Andrea Stalle, culminating in the team capturing the F1 Constructors‘ Championship for the first time in 26 years. This achievement helped lift its valuation to $2.65 billion for 2025, an increase from $2.2 billion the previous year. CEO Zak Brown played a key role, bringing in numerous new sponsors while one of McLaren’s drivers contended strongly for the 2025 Drivers’ Championship, signaling further upward momentum.

Red Bull Racing’s Continued Dominance and Global Recognition

Since its establishment in 2005, Red Bull Racing has twice dominated Formula 1 through consecutive four-year championship streaks. Despite Max Verstappen falling behind in the 2025 Drivers‘ Championship race, his global popularity remains high, contributing to Red Bull’s valuation of $3.5 billion before the 2025 season. This represents nearly a $1 billion increase from the previous year’s $2.6 billion estimate.

Mercedes Maintains High Valuation Amid Transitional Phase

Mercedes’ legendary turbo-hybrid era yielded eight Constructors’ titles, including six Drivers‘ championships with Lewis Hamilton under Team Principal Toto Wolff. The team’s 2025 valuation stands at $3.94 billion, a modest rise from $3.8 billion in 2024. The smaller increase partly reflects Hamilton’s move to Ferrari starting in 2025, marking a new chapter for both the driver and Mercedes.

Ferrari Tops With Historic Legacy and Star Signing

Ferrari remains the most valuable team in Formula 1, reaching $4.78 billion in 2025. This represents a significant jump from its $3.9 billion valuation a year earlier, rooted in its status as F1’s oldest team with the most championships. The addition of Lewis Hamilton, a seven-time World Champion, further elevated Ferrari’s profile and valuation, underscoring the team’s enduring appeal in the sport.

The ascending valuations across the F1 grid affirm the sport’s expanding commercial and cultural influence. Teams with strong management, star drivers, and strategic investments continue to attract significant capital, shaping the competitive and financial landscape. The involvement of high-profile investors and entertainment-driven exposure—through Netflix’s “Drive to Survive” and widely viewed films—have expanded F1’s global footprint, which is expected to sustain and perhaps accelerate this growth trend in the coming years.