How much did Michael Schumacher’s F1 car sell for?
For the second time in its life, Michael Schumacher’s F2001 has become the most expensive Ferrari F1 car ever sold at auction, after going under the hammer for £13. Monaco this weekend. Formula 1 is as much about business as it is about racing, with the top teams boasting valuations in the billions. In 2025, Ferrari leads as the richest team ($4. Mercedes ($3. Red Bull Racing ($3. McLaren ($2. Aston Martin ($2.Media rights constitute the most significant revenue stream for Formula 1, accounting for roughly 32. These rights include lucrative broadcasting agreements negotiated with major global networks, which significantly amplify Formula 1’s global visibility and audience engagement.A look at their revenue, expenses and financial struggles. Formula 1, known for its expensive nature, generated $3. Despite this, profits slightly dipped. Key revenue sources include sponsorships, race-day attendance, and broadcasting rights.
What was Ferrari’s first F1 car?
The 125 F1 was Ferrari’s first Formula One car. It shared its name with the 125 S sports racer which preceded it by a year, but was developed at the same time by Enzo Ferrari, Valerio Colotti and designer, Gioacchino Colombo. Ferrari are Formula 1’s oldest and most successful team, having competed in the sport since the very first F1 season in 1950, and with a total of 31 championship titles to their name.Ferrari (1996–2006) In 1996, Schumacher joined Ferrari, a team that had last won the Drivers’ Championship in 1979 and the Constructors’ Championship in 1983, for a salary of $60 million over two years.
What was BMW called in F1?
BMW Sauber. BMW bought Swiss team Sauber in June 2005 to form the BMW Sauber F1 Team (initially BMW planned to utilize BMW F1 Team naming). The takeover came after BMW’s relationship with Williams had deteriorated in the previous months, the partnership ending at the end of the 2005 season. Audi is taking over the Sauber F1 team before joining the Formula 1 grid in 2026. But with 18 months to go, it’s changed its leader, replacing Andreas Seidl with former Ferrari boss Mattia Binotto.
What was the F1 car in 2001?
The Ferrari F2001 was a highly successful Formula One car that the Ferrari team competed with for the 2001 Formula One season. Ferrari is the oldest surviving and most successful #F1 team, having competed in every world championship since 1950.Lewis Hamilton: $453 million (£350m) British racing legend Lewis Hamilton is recognised as one of the greatest F1 drivers of all time.Some F1 legends like Lewis Hamilton and Michael Schumacher came from a humble background and reached glory.Some F1 legends like Lewis Hamilton and Michael Schumacher came from a humble background and reached glory.