Following the top teams, the richest mid-field team is Renault who recorded annual spending of $272 million in 2020 Quite far from the trio of title-contending teams. In 2019, Mercedes spent around $484 million while Ferrari spent $463 million, and finally, Red Bull invested $445 million. The big three are financially sound and their big investments have always reflected on their on-track performances. This is a rather straightforward question, isn’t it? Well, ever since the dawn of the V6 era, three F1 teams have been right at the top of the spending chart – Mercedes, Ferrari, and Red Bull. F1 2016 latest version: F1 2016 brings new depth to a classic racing franchise. Now, even if the big teams have got an advantage, it’s maybe $10-20 million,” he said. “ What I try to focus on is before they had three times the budget, which is an advantage of $2-300 million. According to Guenther Steiner, the difference in budget between the teams has come down from hundreds of millions of dollars to mere tens of millions of dollars. However, from 2021, there isn’t much difference between the teams. Formula One F1 – Young Driver Test – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – Red Bull’s Max Verstappen and mechanics during testing REUTERS/Hamad I Mohammed
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