Ferrari is 15th most valuable sports team
17 July, 2012
Jul.17 (GMM) Ferrari has made it into the top-15 in a list of the world’s most valuable sports teams, top outfit in the world of motorsport.
Forbes magazine said English football club Manchester United tops the list with an estimated worth of $2.23 billion, ahead of Real Madrid and then a roll-call of American football teams.
The Dallas Cowboys is worth $1.85 billion, tied for third with the New York Yankees baseball team.
F1 has only two teams in the top-50, the fabled Italian squad Ferrari is ranked fifteenth with an estimated value just over $1 billion.
That is 3 per cent higher than last year, while McLaren’s estimated value dropped 2 per cent to $800 million, with Forbes saying main backer Vodafone is reviewing the sponsorship deal.
“McLaren would be hard pressed to replace Vodafone at comparable levels,” said Forbes.
“McLaren also faces the free agency of Lewis Hamilton, who is one of the most marketable drivers in the sport,” the report added.
Subbed by AJN.