According to Williams team boss James Vowles, the valuations of the F1 teams, which sometimes run into several billion, are certainly not exaggerated. Given the enormously increased popularity of Formula 1 and the value of some brands, those valuations are justified, according to him.
Recently there were new figures that determine how much an F1 team is worth. It is striking that the valuations of the F1 teams have risen enormously. Those figures also received fierce criticism, Eddie Jordan thought it was ridiculous that the value of the Alpine F1 team was estimated at around 1 billion dollars (The Alpine F1 team worth 820 million euros? Ridiculous!).
Williams team boss James Vowles, however, thinks the sharply increased valuations of the F1 teams are justified. In fact, he even sees room for further growth in the value of the F1 teams.
“The interesting question is: is a billion for an F1 team a lot? I would say no,” Vowles told Speedcafe. “The cheapest NFL team, if you wanted to spend your money on it, would cost you about four billion, the most expensive would cost you about six billion.”
“We are not expensive for the sport we are, I think there is still a lot of room to increase the value of the F1 teams because as a sport we are growing enormously.”
The recent changes in Formula 1, including a budget cap that ensures that the teams are closer together, increase the value of the teams and make it more attractive for sponsors to enter the sport and to attract investors. to pull.”
I don’t think you can overcapitalize right now,” said Vowles. “But you can certainly do that with time.”
“If I were Mercedes I would worry about what I’m still spending my money on, it doesn’t make sense anymore, but their value will grow.”
“That is a mindset that is not yet understood by everyone in the sport, but it will be.”
“Mercedes isn’t growing by investing another €100 million but because Formula 1 is growing as a sport, which means the competition is getting closer, you shouldn’t be able to predict who will win on Sunday. That is how the sport grows.”
However, there is still a lot of work to be done on the latter with Max Verstappen’s dominant series of victories …
Top 10 Most Valuable F1 Teams (based on 2022)
Ferrari: $3.13 billion
Mercedes: $2.7 billion
Red Bull Racing: 2,42 miljard dollar
McLaren: $1.56 billion
Aston Martin: $1.14 billion
Alpine: $1.08 billion
AlphaTauri: $905 million
Alfa Romeo: $815 million
Williams Racing: $795 million
Haas F1: $710 million