It should come as no surprise to race fans that the teams in Formula One are some of the wealthiest in motorsports. In fact, the top four teams in F1 have a higher net worth than the number one team in NASCAR — not that NASCAR teams are cheap. While top race drivers may draw huge salaries and endorsement deals, it is at the team level that the dollar amounts are truly staggering.
The top 13 F1 teams are worth over 4.5 billion, with an average worth of $337 million. Most of a team’s revenue originates in broadcast … Read the rest