Home F1 Forbes ranks most valuable F1 teams in 2023 season

Forbes, F1 — BUDAPEST, HUNGARY - JULY 23: Max Verstappen of the Netherlands driving the (1) Oracle Red Bull Racing RB19 leads Lewis Hamilton of Great Britain driving the (44) Mercedes AMG Petronas F1 Team W14 and the rest of the field into turn one at the start during the F1 Grand Prix of Hungary at Hungaroring on July 23, 2023 in Budapest, Hungary. (Photo by Mark Thompson/Getty Images) // Getty Images / Red Bull Content Pool // SI202307230392 // Usage for editorial use only //

Forbes ranks most valuable F1 teams in 2023 season

26/12/2023

Forbes has ranked the most valuable F1 teams in 2023 season as it lists them from highest to lowest.

The list is calculated on the basis of financial documents, legal filings and press reports as little data is available as presented by the F1 teams. Forbes has estimated the 2023 growth of the sport by checking what they have done so in previous seasons.

They have also collected data from the financial filings of Liberty Media, who posts the financial figures every quarter and does an end of a year filing too. The EBITDA figures are earnings from operations before interest, taxes, depreciation and amortization.

Even though Red Bull is a global company and dominating the championship currently, it is Ferrari which sits on top as the most valuable F1 team in 2023. It is valued at $3.9 billion, where the estimated 2023 revenue is $680 million and EBITDA is $115 million.

Mercedes is not far behind being valued at $3.8 billion, with its estimated revenue being $700 million and EBITDA being $192 million. Then comes Red Bull at $2.6 billion – interestingly under the $3 billion mark – with estimated revenue being $510 million.

The EBITDA is $85 million. McLaren sits in fourth with the valuation of $2.2 billion, where the estimated revenue is $490 million and EBITDA is $58 million. With the recent investments, Alpine is valued at $1.4 billion, with estimated revenue being $325 million.

At the same time, its EBITDA is $50 million. Even though on-track they are ahead, in this list Aston Martin sits sixth with its valuation at $1.375 billion, where the estimated revenue is $290 million and its EBITDA is $32 million.

The sister Red Bull outfit AlphaTauri is valued at $1.125 billion, with the estimated revenue of $260 million and EBITDA being $20 million. Sauber comes in next in eighth after completing its Alfa Romeo deal, where it is valued at $900 million.

Its estimated revenue is $210 million and EBITDA is $25 million. The list is completed by Haas and Williams, where the former’s valuation sits at $780 million and $725 million respectively. Their estimated revenue is $180 million and $160 million, while EBITDA is $2 million and $-5 million.

Here’s the ranking in list –

Ferrari: $3.9 billion

Mercedes: $3.8 billion

Red Bull: $2.6 billion

McLaren: $2.2 billion

Alpine: $1.4 billion

Aston Martin: $1.375 billion

AlphaTauri: $1.125 billion

Sauber: $900 million

Haas: $780 million

Williams: $725 million

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