F1 is an expensive sport. All you see is fast cars, celebrities, and wealthy lifestyles of the best drivers in the world. But who is financing all this?
Today let's dive into the finances of the world's most prestigious motor racing competition.
Forbes estimates that at least ten billionaires, with a combined net worth of $190 billion, are the driving force behind Formula 1.These old-money families are not just watching from the sidelines, they are investing their fortunes into the adrenaline rush of the race.
But why dive into Formula 1? It's not just about the cash-it's about heritage and passion. For these families, Formula 1 is more than just a sport; it's a part of their DNA, passed down through generations.
So, who are these wealthy powerhouses fueling the Formula 1 frenzy? Let's find out!
00:00 Prologue
00:53 John Elkann
1:45 Bernie Ecclestone
2:21 John Paul DeJoria
3:15 Lawrence Stroll
3:57 John C. Malone
5:05 Stephen Ross
5:54 Antony Ressler
6:34 Sir James Ratcliffe
7:31 Dietrich Mateschitz
8:23 Carlos Slim
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Join "Old Money Diaries" to delve into the fascinating world of old money together. Explore the captivating lifestyle, rules of prosperity, captivating stories of old money dynasties, and exquisite possessions like cars, watches and yachts. Connect with a community of connoisseurs who share a passion for heritage, elegance, and the art of refined living.
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