Without the support of his father’s many jobs, Lewis Hamilton would never have made his mark on the karting team in his native England. He is now a driver for the Mercedes Formula One team. He has set a record of seven world championships. He harshly criticized the amount of money required for motorsport. In May, he told Spanish racing media AS that F1 is a “100 million yuan.” Club “Millionaire Boys”.
“If I were starting over in a working-class family, I wouldn’t be here today,” F1’s only black driver and outspoken defender of motorsport diversity, told AS Hamilton. Your Point of View: Mercedes The company’s director and CEO, Toto Wolff, recently told Deutsche Broadcasting Corporation RTL that a single season of F1, the stepping stone of F1, was involved with drivers spending more than $ 1 million. .
Recently, three new drivers, Nikita Mazepin of Haas, Lance Stroll of Aston Martin and Nicholas Latifi of Williams, were criticized for winning through their father’s enormous wealth rather than their own merit F1 seats. With the old label of “drivers who pay”. In addition, the new maximum cost limits stipulated in the contract agreed by the F1 team and the majority interest to limit the amount used to improve the performance of the car – and the salaries of the drivers, etc. The gaps in the area- the tension surrounding the team is not surprising. The wealth of the F1 paddock appears to be growing. “Forbes” estimates that as of the 2021 season, at least 10 billionaires have participated in F1, with total assets of $ 146 billion.
The following are the richest team owners, sponsors and other figures in the sport. Net assets as of July 16, 2021.
Net worth: US$71 billion
Claro, a branch of the pan-Latin American telecommunications company América Móvil, owned by the Mexican tycoon Carlos Slim, is a sponsor of the Red Bull team and has a prominent print on the rear wing of your car Featured company logo. According to reports, Slim has been sponsoring Mexican driver Sergio Pérez (Sergio Pérez) from his early kart racing to the current Red Bull driver career. The two seem to have established a close relationship: Perez referred to Slim in an Instagram post as his father, friend, and support system.
Net worth: $ 27.5 billion
Dietrich Mateschitz, co-founder and CEO of the ubiquitous energy drink Red Bull, owns 49% of the beverage company. Red Bull has become the dominant force in F1 in recent seasons. There are two teams on the grid: Red Bull and AlphaTauri. This is a junior team and training ground. Mateschitz also owns the Red Bull Ring, a track in Spielberg, Austria, which replaced the A1Ring he bought in 2004 for an undisclosed amount. Since 2014, he has held the Austrian Grand Prix there every year.
Net worth: $ 16.3 billion
Ineos, Sir James Ratcliffe’s British petrochemical giant, owns 33% of Mercedes. Thanks to the help of driver Lewis Hamilton, Mercedes has become the main power grid’s championship-winning streak. German car manufacturer Daimler AG and the team’s director and chief executive Toto Wolff divided the remaining ownership of the team. Ineos is relatively new and acquired a stake in the Mercedes team in December last year (amount not disclosed). In addition, Ineos signed a five-year Mercedes endorsement agreement worth US$128 million in April 2020.
Net Asset Value: US$7.7 billion.
US telecom billionaire John C. Malone supervised F1’s commercial rights through F1’s commercial rights, and acquired it for US$4.4 billion in 2017 through Malone’s Free Media. Over the years, he has been dubbed the “cable cowboy” due to his many dealings with cable companies. He is reportedly working to stimulate American interest in F1 through more American competitions and other initiatives. His Liberty Media also owns 77% of the Atlanta Braves and the SiriusXM satellite radio network.
Net worth: $ 7 billion
Famous Republican donor and majority shareholder of the NFL’s Miami Dolphins, Stephen Rose, is using part of his estimated $ 7 billion fortune to bring F1 cars to Miami Stadium for the first time in Hard Rock in 2022. Ross founded the company related to the real estate developer behind the Hudson Yards office and retail complex in New York City, and owns the millennial-friendly SoulCycle and Equinox Fitness brands.
Net worth: $ 5 billion
Private equity mogul Anthony Resler owns part of the British racing team McLaren. Private equity firm Ares Management, which he co-founded and chaired, is part of a consortium led by MSP Sports Capital. The consortium acquired a 15% stake in the McLaren team. McLaren in December 2020. By the end of 2022, the share will increase to 33%.
Net Worth: US $ 3.4 billion
Bernie Ecclestone was basically replaced by the top tier after Liberty Media acquired billionaire John C. Malone in 2016 as CEO of Formula Group. group. “I was fired,” he told a German media outlet in 2017, but did not elaborate. After four years into his tenure, he was named president and honorary adviser, but his contract was not renewed after he made racial comments in June 2020. Ecclestone is still influential and is frequently cited in F1 news.
Net Worth: $3.2 billion
Lawrence Stroll is the CEO of the Aston Martin team. His son Lance Stroll participated in the race. Lawrence Stroll (Lawrence Stroll) made a fortune through an initial public offering (IPO) in 2011, leading the American fashion brand Michael Kors, and in April 2020 through a rebranding and merger from He owns an independent F1 team (previously known as a racing spot). This follows the US$238 million investment in the famous British car manufacturer in January 2020.
Net worth: $2.6 billion.
Texas-based Circuit of the Americas has been hosting the Austin Grand Prix since its opening in 2012. Founder John Paul DeJoria Patrón Tequila He is the co-founder of Paul Mitchell hair products and one of its investors. RokiT Drinks, a subsidiary of DeJoria’s telecommunications company ROKIT Group, was supposed to be the title sponsor of the troubled Williams team by 2023, but the team terminated the deal in 2020.

By Peter

Leave a Reply

Your email address will not be published. Required fields are marked *