answersLogoWhite

0


Best Answer

If you truly had to single out the owners, one would have to look at Bernie Ecclestone and the FIA (Federation Internationale de l'Automobile). Ecclestone has been the eccentric ringleader of Formula 1 for years, and the FIA "manages" international motorsport.

If you're thinking that the tracks own the race, you would be a tad confused. Basically, the track's sanctioning bodies "rent" the services of Formula 1. Certain countries (Dubai; Sepang, Malaysia, what have you), fork over the majority of their yearly budgets to meet the demands of the FIA and Formula 1. Thier countries go for one huge event that will absolutely make money instead of many events spread throughout the year.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

14y ago

In 2010 Renault sold a majority stake in the team to Genii Capital, a Luxembourg based investment company. However for 2010 Renault still retains a 25% share in the team and is also an engine supplier to Red Bull. But by all accounts Renault may be pulling out of ownership entirely in 2011 and the Renault team might be joining up with Lotus Cars.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

Former team boss Ron Dennis owns 25% of McLaren F1. A Bahraini company owns a futher 50% of the team. The last quarter is onwed by other investers.

This answer is:
User Avatar

User Avatar

Wiki User

8y ago

Martini & Rexona (Sure) are the main sponsors

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

Mr. Bernie Eccleston (GBR)

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

Bernie Ecclestone

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who owns formula one?
Write your answer...
Submit
Still have questions?
magnify glass
imp