Scuderia Ferrari

Scuderia Ferrari is the most famous and successful team in Formula 1 history. Based in Maranello, Italy, the team has been part of Formula 1 since the very first season in 1950 and has never missed a race. Over the decades, Ferrari has won a record number of Constructors’ Championships (16) and Drivers’ Championships (15).

The team is known for its powerful red cars, passionate fans, and strong Italian heritage. Ferrari is not just a racing team—it is a symbol of speed, style, and tradition in motorsport. In the 2025 season, Ferrari has a very strong lineup with seven-time World Champion Lewis Hamilton joining the team alongside long-time Ferrari driver Charles Leclerc. 

Ferrari Wage bill of 2024-25: For the 2024–25 season, Ferrari's wage bill for its two drivers at around $94 million (roughly €87.42 million or £74.26 million) for this campaign. Lewis Hamilton clearly stands out as the highest‑paid driver of the team. He earns around $60 million annual (approx. €51.2 million or £43.7 million).