Some of the richest people in the world participate in Formula 1 and invest in teams, tracks, drivers, and other aspects of the sport. For billionaires who like motorsports, F1's grandeur and reputation, together with the excitement of rivalry and innovation, make it an intriguing business enterprise. But who are the wealthiest F1 team owners and how did they become so wealthy? Based on their projected net worths as of July 2025, these are the top 5 richest F1 team owners.
5. Lawrence Stroll ($3.9 billion)
A Canadian billionaire named Lawrence Stroll built his money in the fashion business by investing in companies including Tommy Hilfiger, Michael Kors, and Asprey. Stroll is a passionate motorsports fan as well as a vintage Ferrari lover. In 2018, he oversaw a group that acquired the struggling Formula One team Force India and rebranded it Racing Point. He bought a 25% share in Aston Martin in 2020, the British luxury automobile manufacturer that had been experiencing financial difficulties due to slow sales. The historic name was subsequently brought back to Formula One after more than 60 years when he relaunched Racing Point as Aston Martin Cognizant F1 Team.
4. Piero Ferrari ($10.2 billion)
Enzo Ferrari, the storied creator of Ferrari, the renowned Italian sports car manufacturer and racing team, is the father of Piero Ferrari. After his father passed away in 1988, Piero received a 10% ownership share in Ferrari and was appointed vice chairman. Ferrari has won 16 constructors' championships and 15 drivers' titles, making it the most seasoned and successful F1 team. Ferrari has a devoted following, a reputation for quality, and is among the most valuable brands in the world.
3. James Ratcliffe ($17.1 billion)
Ineos, a British chemical firm that manufactures a variety of goods, including plastics, solvents, and biofuels, was founded and is led by James Ratcliffe. A significant sponsor of teams and events in sports including cycling, sailing, football, and rugby is Ineos. One of the most successful F1 teams in history, Mercedes-AMG Petronas F1 Team, added Ineos as a main partner in 2019. The team is 33% owned by Ineos, Mercedes-Benz, and Toto Wolff.
2. Mark Mateschitz ($39.6 billion)
Mark Mateschitz is the son of the late Dietrich Mateschitz, the co-founder of Red Bull, the energy drink company that revolutionized the beverage industry and became a global powerhouse. After his father’s passing in 2022, Mark inherited a 49% stake in Red Bull GmbH, instantly making him one of the wealthiest individuals in the world.
Red Bull has made substantial investments in sports and media, with Formula 1 being one of its flagship ventures. The company owns two F1 teams — Red Bull Racing and Scuderia AlphaTauri (soon to be rebranded as Visa Cash App RB). Red Bull Racing is among the most dominant teams in modern Formula 1 history, winning four consecutive Constructors’ and Drivers’ Championships from 2010 to 2013 with Sebastian Vettel, and reclaiming dominance in recent years with Max Verstappen. AlphaTauri serves as the junior team, nurturing young drivers and providing them with a path to the top tier of motorsport.
1. Groupe Renault ($51.3 billion)
The French multinational automaker Groupe Renault is the owner of the Alpine F1 Team, previously the Renault F1 Team. Since 1899, Groupe Renault has produced automobiles and is present in more than 130 nations. Additionally, it owns brands including Dacia, Lada, and Nissan. One of the most experienced F1 teams, Alpine F1 Team made their debut as Renault Sport in 1977. With Fernando Alonso in 2005 and 2006, the team won two constructors' titles and two drivers' championships.
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