How This Billionaire Seceretly Owns Formula 1!
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- Опубліковано 8 чер 2024
- 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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#oldmoney #f1 #wealth
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Thought it just was being funded by sponsorships, but these guys are also putting in some serious money 😂
and the picture showed Bill Gates - where was he?
Didn't see Bill Gates anywhere and if by the picture you mean the thumbnail, well that's Laurence Stroll.
you made such a good video but put a misleading thumbnail? thats cheap of you. disliked!
So did I. No need for clickbait
Isn't Mateschitz dead?
Yes, died in October 2022
You’re absolutely right! He did however leave a big mark on the F1 scene! But we should’ve clarified better in the script! We’re sorry for that!
I bet Ross is going to want to get the hell out of his NY investments these days.
....owns the Formula 1 WHAT?
$100 billion more than Walmart logo?
Dietrich Mateschitz died in 2022, is this an updated video????? 🙄🙄🙄
You’re absolutely right! He did however leave a big mark on the F1 scene! But we should’ve clarified better in the script! We’re sorry for that!
Interesting: I learned that Christian Dior was Italian ???
Claro . Tiny logo for 100 billion dollars guy don't yah think.
And a seat
Your video is good but your misleading clickbait thumbnail is a turn off. Please change your ways.....
Thanks for your feedback, we will take this into account!
@@oldmoneydiaries1800 our time matters, don’t appreciate being tricked into watching a reel just for hits!
After reading your comment, I didn’t bother to watch the video, I hate it when people put clickbait thumbnail
Thanks for saving 9:48 of my life
Relax yourself, this is the culture of UA-cam. It's free.......!!!
Wow inios MB . Lost super rich guys Big money quickly. Good job
Clique bate.
In your dreams
LOVE TO SEE HIM DROP DOWN D
Never heard of mikal sluu.? Aston Martin clothes in USA? Seriously. Go braves.
Would have been nice when you also looked in to the dark side of those rich people. There is more than ya know! It gets ugly!
Tell us please
@@georgeblank2648 yes
p.s: Lance Stroll suck's! He had enough time and enough is enough!
Learn some yoga
Go ROSS.
Big Money ruining another Sport 🤔
Interesting point! Do you want to see how other sports are financed as well?
Old money.....lots of old news.....Mr Red Bull passed away last year!
What would you like to see next?
Let`s forget the motor manufactures who without them F1 would have collapsed years ago, and they still own the major share in F1. Hence F1 wanting more manufactures like Audi in F1. Over 70 years money men have come and gone and will continue to do so. Racing Point being a good example the owner and his money blew up. F1 has had a footprint in the US before then they lost interest in favor of IndyCar and tracks stopped hosting F1. The next financial crash most on this video will pull the plug on F1.
What B.S. Ferrari owns Ferrari
Agnelli (co-founder of FIAT) family owns about 12% of Ferrari, John Elkan’s mum was an Agnelli. Piero Ferrari owns 10%, the rest is owned by investors and share-holders.
Ferrari is worth about US$80 billion (so 12% of that isn’t bad)