Formula One is on the rise, with the high-octane sport taking to new speeds and outperforming a whole host of others in value. It has never been a more lucrative time to get involved in the pinnacle of racing, with owners’ wealth increasing amidst rising global revenue.
Year-on-year, the profits keep on soaring; 2025 being no different. Apple TV recently confirmed that they had come to an agreement to become the home of F1 in the United States in a five-year deal worth a staggering $140m per year. The upcoming arrival of Cadillac and the success of Netflix series Drive to Survive and the Brad Pitt-fronted blockbuster movie all aiding this growth.
So, with the value of those inside the paddock showing no signs of slowing down, which of the 10 teams is leading the track? Thanks to Forbes, we can take a look at how valuable each team truly is!
10
Haas
$1.5 billion
Making its F1 debut in the 2016 season, this American-based team led by team principal Ayao Komatsu may be the grid’s smallest in terms of size and value at $1.5bn, but can nevertheless boast a respectable operating profit of $9m and revenue of $150m.
The 2025 season has been one of change for Haas after the departure of long-serving drivers, Nico Hulkenberg and Kevin Magnussen, for Esteban Ocon and Oliver Bearman, which has seen them rack up 70 points from 21 races and currently sit in eighth in the team standings.
9
Racing Bulls
$2.3 billion
The junior team of Red Bull Racing, competing as Visa Cash App Racing Bulls F1, but later shortened to “Racing Bulls”, has had a respectable 2025 season so far capped off by the unlikely podium-placed finish of Isack Hadjar at the Dutch Grand Prix.
Liam Lawson completes their lineup, after he was dropped by Red Bull after only two races at the beginning of the 2025 F1 calendar, replaced by Yuki Tsunoda. The New Zealand racing driver recovered well from that setback, as him and Hadjar have helped the constructor to a respectable sixth-placed spot with just three races still to come.
8
Sauber
$2.4 billion
Just pipping Racing Bulls to eighth spot, Sauber Motorsport can call many lucrative names as partners, not least of all Puma and main sponsor Stake.
The Swiss engineering company, that has been known as BMW Sauber and Alfa Romeo F1 Team, will again be introducing radical changes in time for the start of the 2026 season, with Audi confirming it would enter Formula One after confirmation of its partnership with Sauber going forward.
7
Alpine
$2.45 billion
Despite a turbulent showing in F1 this season, Alpine can still boast financial security with revenue of $300m. Owned by the French car manufacturer Renault Group, its main driver, Pierre Gasly, has confirmed that he will be racing for the foreseeable future after extending his contract until 2028.
Sponsors haven’t turned away either. In 2025 alone, partnerships with MSC Cruises, Castore, and Oakberry have been confirmed. Helping to mitigate the expected operating loss of -$13m.
6
Williams
$2.5 billion
The historic British Formula One team founded by Frank Williams in 1977, has entered something of a revival since James Vowles took charge as team principal back in 2023.
Purchased by Dorilton in 2020, after being sold by the Williams family, the multi-drivers and construction champion in the 1980s and 1990s has seen popular driver Carlos Sainz Jr join its roster in 2025 alongside Alex Albon. The pairing has proved to be a success, with the two drivers helping Williams to fifth place ahead of the Las Vegas GP.
5
Aston Martin
$3.2 billion
The luxury carmaker has no shortage of financial capital at its disposal via the pockets of chairman Lawrence Stroll.
Currently finding itself sandwiched in between Racing Bulls and Haas in the team standings, it’s fair to say this year has not gone how Fernando Alonso or Lance Stroll would have hoped, but at least from a financial perspective, things are looking good for the Silverstone-based manufacturer.
4
Red Bull Racing
$4.35 billion
The formerly dominant Red Bull has had to play catch up recently, falling way behind the pace setters of McLaren. Despite a late-season resurgence, a push for a fifth Formula One World Championship will likely have to wait for Max Verstappen, who flirted with the idea of leaving his current employers behind for Mercedes before committing to Red Bull for another year.
The severance deal with long-serving team principal Christian Horner, widely reported to be $105m, is unlikely to have helped the racing team displace its rivals as Formula 1’s most valuable.
3
McLaren
$4.4 billion
The back-to-back constructors’ champions are not only succeeding around the racetrack but off it as well. Its drivers, Lando Norris and Oscar Piastri, are experiencing the height of their popularity and success on the F1 calendar that no one else on the grid has had an answer for. 2025 alone has seen Norris and Piastri pick up seven wins each, as they battle it out for the Formula One World Drivers’ Championship.
The constructors’ title is a foregone conclusion, with McLaren’s 756 points so far dwarfing second place Mercedes’ 398. McLaren chief executive Zak Brown will be hoping their dominance can continue unabated for a long time to come.
2
Mercedes
$6 billion
Mercedes’ next move after the departure of Lewis Hamilton was the question everyone wanted the answer to. Where would Toto Wolff turn to replace a seven-time world champion? Young Italian Kimi Antonelli would be his answer.
While this year has not been the barnstorming statement fans would have hoped for, the Silver Arrows on-track output has been encouraging, with George Russell demonstrating he can fill the void left behind by his former teammate by producing eight podium finishes and two wins.
Despite not hitting the heights seen in the glory days of the mid 2010s and the departure of sponsors Tommy Hilfiger and Puma, brands are still vying for association with Adidas, Signify, and Mous joining the partner list for 2025.
1
Ferrari
$6.5 billion
Ferrari completes this list with a valuation that is the envy of its competitors.
The Prancing Horse welcomed the biggest name in Formula 1, Lewis Hamilton, to its paddock with one goal in mind – to regain its place at the top of the racing mountain. That goal will have to wait for another year, as the duo of Hamilton and Charles Leclerc have been unable to launch a meaningful attack on the dominant McLaren.
Although, despite that lack of success, Ferrari’s finances are impressive; the racing team’s revenue stream of $670m, alongside their $80m operating profit, and its partnership with American technology company HP as its title partner, reported to be worth $100m annually, all being a major factor that put the record 16-time constructors title winner in pole position.
