Ferrari’s Formula 1 team is valued at $8.2 billion, maintaining its position as the sport’s most valuable outfit for the fourth consecutive year. This figure is part of Sportico’s latest team valuations, which highlight a significant financial boom across the grid. The average F1 team is now worth $4.55 billion.
This represents a 33% increase from last year, or 39% when excluding the newly joined Cadillac team. The average valuation has nearly tripled since 2023, demonstrating Formula 1’s rapid commercial growth.
Sportico’s analysis indicates that no other major sports league has approached this level of valuation growth over the same period. The NHL has seen an 85% increase since 2023, and the NFL an 81% rise.
Behind Ferrari, Mercedes is valued at $7.75 billion, marking a 32% increase. McLaren holds third place at $6.3 billion, up 33%, while Red Bull is fourth at $5.6 billion, a 30% rise.
Aston Martin ranks fifth with a valuation of $4.15 billion, an increase of 38%. This valuation stands despite the team currently holding tenth position in the constructors’ standings.
Alpine is valued at $3.28 billion (up 58%), Williams at $3.24 billion (up 51%), and Racing Bulls at $3.05 billion (up 49%). Audi is ninth at $3 billion (up 60%), and Haas is tenth at $2.8 billion (up 67%).
The newest entrant, Cadillac, is valued at $2.7 billion, making it the grid’s least valuable team in its inaugural 2026 season. The team’s owners, TWG Global and General Motors, paid a $450 million entry fee.
An additional investment of at least $1 billion was made to establish the team. Cadillac’s controlling owner, Mark Walter of TWG Global, is reportedly exploring a sale of his stake.
The asking price for Walter’s stake is at least $3 billion, with Sportico reporting at least seven interested parties. This development follows Walter’s sale of other sports assets.
Walter is currently under federal investigation in the United States regarding alleged undisclosed financial connections. These investigations relate to billions of dollars borrowed from insurers he controls.
Cadillac’s 2026 season has been challenging, with the team currently last in the constructors’ championship and yet to score a point. Their best result to date is a 13th-place finish in China.
The team is projected to incur a $400 million loss in its debut year, primarily due to significant start-up costs and the ongoing development of its commercial operations.
Cadillac’s British subsidiary, ‘TWG Cadillac Formula 1 Team Limited’, reported a £121.9 million loss in its 2025 accounts. This was before generating prize money or full commercial turnover.
Sergio Perez is contracted with Cadillac until at least 2029. Valtteri Bottas’s future with the team is uncertain, with Colton Herta being evaluated as a potential replacement for the 2027 season.
The team uses Ferrari power units, with General Motors expected to supply its own engines from 2029. Cadillac replaced Team Principal Graeme Lowdon with Marcin Budkowski in August 2026.
Cadillac’s entry into Formula 1 in 2026 followed an initial rejection of the Andretti Global bid. Approval was granted after Michael Andretti stepped back, and General Motors committed to a power unit.
Formula 1’s financial regulations include a cost cap, set at $215 million for the 2026 season. This cap limits expenditure directly related to car performance.
Driver salaries and the remuneration of the three highest-paid staff members are excluded from the cost cap. A minor overspend breach is less than 2% over the cap.
A material overspend, defined as 2% or more, mandates a deduction of constructors’ championship points and a fine. An additional $6 million development allowance has been introduced for 2026-2028.
This allowance addresses challenges with the new 2026 regulations, particularly concerning fuel tank capacity and the internal combustion engine/battery power split.
Sportico’s valuations are derived from publicly available financial statements, company registers, and internal estimates. The methodology also incorporates interviews with industry professionals.
