Red Bull heir Mark Mateschitz is the richest person in Formula 1 in October 2026, with an estimated net worth of $45.8 billion. This list ranks the 12 wealthiest owners, executives and drivers in the sport whose fortunes are backed by a published estimate. Every figure is an estimate.
| Rank | Name | Net worth |
|---|---|---|
| 1 | Mark Mateschitz | $45.8 billion |
| 2 | Jim Ratcliffe | About $22.7 billion |
| 3 | Piero Ferrari | About $10.2 billion |
| 4 | John Malone | About $9 billion |
| 5 | Lawrence Stroll | $3.7 billion |
| 6 | Bernie Ecclestone | $2.9 billion |
| 7 | John Elkann | About $2 billion |
| 8 | Toto Wolff | About $1.7 billion |
| 9 | Paddy McNally (died 2026) | About $800 million |
| 10 | Michael Schumacher | About $800 million |
| 11 | Ron Dennis | About $600 million |
| 12 | Lewis Hamilton | About $580 million |
1. Mark Mateschitz: Net worth $45.8 billion
Mark Mateschitz owns 49% of Red Bull GmbH, the energy drink giant behind Red Bull Racing and Racing Bulls. He inherited the stake when his father and company co-founder Dietrich Mateschitz died in October 2022.
He is by far the richest person connected to Formula 1, ranked among the 50 richest people in the world in a 2026 billionaire ranking.
Valuation basis: a 49% stake in Red Bull GmbH, a private company that does not disclose a valuation, so the figure rests on a 2026 published billionaire estimate of $45.8 billion.
2. Jim Ratcliffe: Net worth about $22.7 billion
Sir Jim Ratcliffe is the founder of the chemicals group Ineos, which became principal partner and one-third shareholder of the Mercedes Formula 1 team ahead of the 2020 season.
He also bought a 25% stake in Manchester United, completed in February 2024, though his fortune is tied mainly to Ineos.
Valuation basis: a 2025 UK rich list estimate of 17.0 billion pounds, about $22.7 billion, which fell by 6.5 billion pounds on the year. Ineos is private, so this is an estimate and the Mercedes stake is only part of it.
3. Piero Ferrari: Net worth about $10.2 billion
Piero Ferrari, born in 1945, is the son of Enzo Ferrari and vice chairman of Ferrari. When Enzo died in 1988 he inherited his father’s 10% share of the company and the Fiorano Circuit.
He is also a board member of Ferrari, the company behind the Ferrari Formula 1 team.
Valuation basis: a billionaire estimate of about $10.2 billion from February 2025, built on his holding of roughly 10% of listed Ferrari shares. It is an estimate and share prices move.
4. John Malone: Net worth about $9 billion
John Malone is chairman emeritus of Liberty Media, the company that bought the Formula One Group in a deal completed on 23 January 2017 for about $4.4 billion.
The Formula One Group is listed as a tracking stock on Nasdaq under the tickers FWONA and FWONK.
Valuation basis: a billionaire index estimate of over $9 billion from May 2021, the latest we could confirm. His stake in Formula 1 is indirect through Liberty Media, so this is an estimate of his overall fortune.
5. Lawrence Stroll: Net worth $3.7 billion
Lawrence Stroll made his fortune in fashion, with early investments in Tommy Hilfiger and Michael Kors, selling his last stake in those businesses in 2014. He now owns the Aston Martin Formula 1 team and is executive chairman of Aston Martin Lagonda.
In 2018 he led a group of investors that bought the assets of the defunct Force India team. It was renamed Racing Point for 2019 and rebranded as Aston Martin in 2021. In 2020 his investment group put in 182 million pounds for a 16.7% stake in Aston Martin Lagonda.
Valuation basis: a published September 2026 billionaire estimate of $3.7 billion, reflecting his Aston Martin Lagonda holding and gains from his fashion-brand investments.
6. Bernie Ecclestone: Net worth $2.9 billion
Bernie Ecclestone built Formula 1 into a global business. He bought the Brabham team in the early 1970s, then took control of the sport’s commercial rights and ran them for decades.
He was removed as chief executive on 23 January 2017, after Liberty Media took over the sport, and his chairman emeritus role ended in January 2020. Now 95, he remains one of the best-known names in the paddock.
Valuation basis: a published estimate of $2.9 billion from February 2024, built on decades of earnings from the sport’s commercial rights, including the 2006 sale of his 25% stake in the company that controlled them. No newer reliable figure exists, so we have not grown it.
7. John Elkann: Net worth about $2 billion
John Elkann is chief executive of the investment group Exor and has been chairman of Ferrari since 2018. He also served as Ferrari’s chief executive from December 2020 until September 2021.
His wealth comes mainly from his family’s holdings through Exor rather than from the racing team itself.
Valuation basis: a billionaire estimate of about $2 billion from 2021, the latest we could confirm. This is an estimate and may be out of date.
8. Toto Wolff: Net worth about $1.7 billion
Toto Wolff is team principal, CEO and co-owner of Mercedes in Formula 1, a role he has held since 2013. He founded the investment company Marchfifteen in 1998 and was a shareholder in Williams before moving to Mercedes.
Mercedes-Benz and Ineos each hold about a third of the team and Wolff holds about 28%. He reportedly sold part of his stake to CrowdStrike CEO George Kurtz in November 2025 for about 230 million pounds.
Valuation basis: his remaining stake in the Mercedes team, reported as worth around 1.3 billion pounds (roughly $1.7 billion), which is our estimate. A 2023 encyclopedia estimate put his fortune at $1.6 billion.
9. Paddy McNally (died 2026): Net worth about $800 million
Paddy McNally, who died on 22 July 2026 aged 88, set up Allsport Management in 1983. The company provided trackside advertising and corporate hospitality for Formula 1, including the Paddock Club, and managed the podium ceremonies at Grand Prix races.
He sold Allsport to CVC Capital Partners in March 2006 for an undisclosed sum and remained chief executive until 2011.
Valuation basis: a 2017 Irish rich list put his fortune at about 718 million euros, or roughly $800 million, and we have not grown it. This is an estimate.
10. Michael Schumacher: Net worth about $800 million
Michael Schumacher won seven world championships, in 1994, 1995 and then every year from 2000 to 2004. He drove for Ferrari from 1996 to 2006 and returned with Mercedes from 2010 to 2012, finishing with 91 Grand Prix wins.
He joined Ferrari for 1996 on a reported salary of $60 million over two years, and was named the first billionaire athlete in 2005.
Valuation basis: a 2010 estimate of his fortune at around 515 million pounds, roughly $800 million. This figure is old and we have not grown it, so treat it as an estimate.
11. Ron Dennis: Net worth about $600 million
Ron Dennis arrived at McLaren in 1980 and turned it into one of the most successful teams in the sport. Under his leadership McLaren won titles with drivers including Niki Lauda, Alain Prost, Ayrton Senna, Mika Hakkinen and Lewis Hamilton.
He also built McLaren Automotive and the wider McLaren Technology Group. In 2017 he agreed to sell his remaining shares in both companies.
Valuation basis: a 2019 rich list wealth figure of 450 million pounds, roughly $600 million, which is the latest we found. This is an estimate.
12. Lewis Hamilton: Net worth about $580 million
Sir Lewis Hamilton has won seven world championships, in 2008 and 2014, 2015, 2017, 2018, 2019 and 2020, and holds the record of 106 race wins. He drove for McLaren from 2007 to 2012 and Mercedes from 2013 to 2024, and joined Ferrari in 2025.
He was knighted in the 2021 New Year Honours and is the only active driver on this list.
Valuation basis: a 2026 UK rich list estimate of 435 million pounds, roughly $580 million, up from 385 million pounds a year earlier. Reported salaries are income, not wealth, so we do not add them.
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FAQ
Who is the richest person in Formula 1?
Mark Mateschitz, who owns 49% of Red Bull, is the richest person tied to F1 with an estimated $45.8 billion.
Who is the richest team owner in Formula 1?
Mark Mateschitz of Red Bull leads, followed by Sir Jim Ratcliffe of Ineos, a one-third owner of the Mercedes team, at around $22.7 billion. Lawrence Stroll, owner of the Aston Martin team, is at about $3.7 billion.
How rich is Bernie Ecclestone?
Bernie Ecclestone is estimated to be worth about $2.9 billion, built over decades running the sport’s commercial rights.
Which drivers are on the list?
Michael Schumacher, at around $800 million based on an older estimate, and Lewis Hamilton, at around $580 million. They are the only drivers whose wealth we could support with a published estimate.
How are Formula 1 net worth figures estimated?
They come from public reporting on company stakes, deal prices and earnings, so treat them as estimates rather than audited numbers.
How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
For this list we weighed company ownership stakes and their valuations, dividends and share sale prices, team and business sale prices, disclosed pay and published rich-list wealth where available. Where public evidence is thin we capped any increase and treat the figure as an estimate.
Last updated: October 2026.
