Despite not winning a Formula 1 title since 2008, Ferrari is the most valuable of the circuit's 10 teams at $3.13 billion, according to a survey by Sportico.
The sports business publication used team revenues, publicly available financial statements and interviews with people across various business aspects of racing to determine team values. It then cross referenced its findings with other experts in the industry.
Second on the Sportico valuation list was Mercedes at $2.7 billion, followed by Red Bull ($2.42 billion), McLaren ($1.56 billion) and Aston Martin ($1.14 billion). Rounding out the top 10 were Alpine ($1.08 billion), AlphaTauri ($905 million), Alfa Romeo ($815 million), Williams ($795 million) and Haas ($710 million).
