Brown: Every F1 team now worth ‘well north’ of £1 billion ...Middle East

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Brown: Every F1 team now worth ‘well north’ of £1 billion
McLaren Racing boss Zak Brown believes that all F1 teams now carry a value ‘well north’ of £1 billion – or approximately $1.2 billion. Over the decades, Formula 1 has evolved into a truly global sport with a massive fanbase. By the end of the 2024 season, teams and drivers will have visited 21 countries in Europe, Asia, North America and Australia. Grand Prix racing's sustained growth in recent years and its global appeal have logically benefitted its participants, with all teams now comfortably operating in the black. This combination of factors has turned Formula 1 into a highly lucrative and sought-after business, which in turn has boosted the valuation of each individual franchise, a fac

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