How many people work for Mercedes-AMG F1?
The Mercedes-AMG PETRONAS Formula One Team, based across Technology Centres at Brackley and Brixworth in the United Kingdom, brings together over 1,000 dedicated and determined people that design, develop, manufacture and race the cars driven by multiple F1 Grand Prix winner George Russell and up-and-coming Italian . Formula 1 is as much about business as it is about racing, with the top teams boasting valuations in the billions. In 2025, Ferrari leads as the richest team ($4. Mercedes ($3. Red Bull Racing ($3. McLaren ($2. Aston Martin ($2.mercedes amg f1 team’s total sponsorship revenue for the 2023 season is over $166. Petronas, which is an agreement valued at $65.Formula 1 is as much about business as it is about racing, with the top teams boasting valuations in the billions. In 2025, Ferrari leads as the richest team ($4. Mercedes ($3. Red Bull Racing ($3. McLaren ($2. Aston Martin ($2.Ferrari are paying Lewis Hamilton up to £50million per year but are already reaping the financial rewards from having the seven-time Formula 1 champion even before his first race.The partnership, which began upon Mercedes’ entry into Formula One in 2010, will also expand to include a greater focus on new sustainable technology solutions beyond the racetrack. It has been previously reported by Forbes that the agreement is worth US$75 million.
Who owns Mercedes AMG F1?
The Mercedes-AMG PETRONAS F1 Team is owned by three equal partners: Mercedes-Benz, INEOS and Toto Wolff. The composition of our Board reflects this ownership structure and features a wide range of expertise and experience. Mercedes F1 boss Toto Wolff has cemented his status as a billionaire. Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. Formula 1 World… Mercedes F1 team principal Toto Wolff has cemented his position as a billionaire after seeing his net worth skyrocket.
What is the highest paid job in F1?
The highest-paying job at Formula 1 is a Network Engineer with a salary of £346,501 per year (estimate). The lowest-paying job at Formula 1 is an Accounts Assistant with a salary of £20,116 per year (estimate). Formula 1 employees attributed a compensation and benefits rating of 3. F1 is a results-oriented business, so it’s no surprise that Red Bull’s Max Verstappen is reportedly the highest-paid driver on the grid. The Dutchman is set to earn $65 million in 2025 as he chases his fifth successive drivers’ championship. Seven-time world champion Lewis Hamilton sits closely behind Verstappen.Formula 1 Driver Salaries in 2025 Verstappen, Hamilton and Leclerc are outliers to some extent when it comes to F1 earnings, while the rest of the field tends to be closer in pay, ranging from $2 to $20 million per year.Who is the lowest-paid F1 driver? Naturally, rookie drivers are on smaller salaries. While they earn considerably less compared to the top drivers, they are still paid well for their services. Isack Hadjar (Racing Bulls) and Jack Doohan (Alpine) will both reportedly earn between $500k and $1 million in 2025.Carlos Sainz net worth: $50m The Spaniard has been in F1 since 2015, this year marking his 11th in the sport. He was one of the highest-earning drivers in 2024, according to Forbes, though it is unclear what the nature of his Williams deal is offering him.