Inside Formula 1: Business. Lifestyle. Power.
Inside Formula 1: Business. Lifestyle. Power.
Paddock Magazine
It's the only business publication in the motorsport industry. Now in its sixteenth year, Paddock magazine brings a sharper focus on the business and lifestyle of high-end racing.
Honda celebrates the 50th race with the Red Bull Racing Team
Sunday’s Belgian Grand Prix will see Red Bull Racing and Honda celebrate their 50th race together. Honda’s Technical Director, Toyoharu Tanabe, gives us his thoughts below along with Christian Horner, Team Principal at Red Bull Racing. Toyoharu Tanabe, Technical…
2021 Japanese Grand Prix has been cancelled
Mobilityland Corporation (Suzuka City, Mie Prefecture) announces the cancellation of the 2021 Japanese Grand Prix (hereinafter “F1 Japanese Grand Prix”), which was previously scheduled to be held at Suzuka Circuit from October 8th (Fri.) to October 10th (Sun.) 2021. …
Jenson Button drives Lotus Emira at Laguna Seca
Lotus Emira arrives in the USA with F1 legend Jenson Button at the wheel for a thrilling Laguna Seca film ahead of the USA public debut at The Quail. Fresh from its triumphant world debut last month, the Lotus…
14. Lawrence Stroll
Age 62 Net worth $3,2bn Source of wealth Pierre Cardin, Ralph Lauren, Tommy Hilfiger, Michael Kors Nationality Canadian F1 involvement Team shareholder Lawrence Stroll earned his fortune in the fashion business, alongside long-term partner Silas Chou the men invested in…
1. Carlos Slim Helu & family
Age 81 Net worth $68.6bn Source of Wealth Grupo Carso Nationality Mexican F1 involvement Driver sponsor Previously the wealthiest person globally and Mexico’s richest man Carlos Slim Helu controls América Móvil, Latin America’s most prominent mobile telecom firm. Grupo…
4. Chalerm Yoovidhya & family
Age 70 Net worth $20,2bn Source of wealth Red Bull Nationality Thai F1 involvement Team shareholder, Circuit owner Chalerm Yoovidhya is the son of the late Red Bull co-founder Chaleo Yoovidhya who passed away in 2012. There are 30+…
5. Sir James Ratcliffe
Age 68 Net Worth $17,3bn Source of wealth INEOS Nationality British F1 involvement Team shareholder Ratcliffe founded the company in 1998 and oversaw a rapid expansion by buying up unwanted assets from the likes of BP and ICI using high-risk…
6. Finn Rausing
Age 65 Net worth $14,4bn Source of wealth Tetra Pak Nationality Swedish F1 involvement Team shareholder Finn Rausing, along with his siblings Kirsten and Jörn, is heir to the ‘Tetra Pak’ packaging empire. The company was founded by his Grandfather…
8. John Malone
Age 80 Net worth $7,9bn Source of wealth Liberty Media Nationality American F1 involvement Commercial rights shareholder John Malone is chairman and largest voting shareholder of Liberty Media, who own the commercial rights to Formula 1. He was the CEO…
9. Stephen Ross
Age 81 Net worth $7,5bn Source of wealth The Related Companies Nationality American F1 involvement Circuit promoter Stephen Ross is an American real estate tycoon who started in 1972 with $10,000 he borrowed from his mother. He is best…
