Team budgets in 2018 1. Ferrari (2nd in constructors championship) $410 million (361 million euros) total 950 employees + 480 in engine department Receives the largest part of the sport’s commercial revenues redistributed by F1 on account of the team’s historic status in the sport. Backed also by cigarette manufacturers Philip Morris via their “Mission Winnow” project. 2. Mercedes (1st) $400 million (352 million euros) total 950 employees + 500 in engine department Daimler-Benz’s F1 activities are split into two -- Mercedes GP for race operations and the powertrains, operating independently. 3. Red Bull (3rd) $310 million (272 million euros) 860 employees Should benefit in 2019 from sister team Toro Rosso and common engine supplier Honda 4. McLaren (6th) $220 million (194 million euros) 760 employees Supported by Middle East investors but despite losing Fernando Alonso for the new season, will benefit from various new sponsors one of which is British American Tobacco through their projet “A better tomorrow” 5. Renault (4th) $190 million (167 million euros) 680 employees + 300 in engine department Strategic partnership of Renault-Nissan-Mitsubishi but overshadowed by the Carlos Ghosn affair 6. Williams (10th) $150 million (132 million euros) 630 employees Lost title sponsor Martini for the season to be replaced by telecommunications company ROKiT. With the support also of Canadian multi-millionaire businessman Lawrence Stroll -- the father of driver Lance Stroll. 7. Toro Rosso (9th) $150 million (132 million euros) 460 employees Should benefit in 2019 from its sister team Red Bull and common engine supplier Honda 8. Alfa Romeo Racing (ex-Sauber) (8th) $135 million (119 million euros) 400 employees Benefitted since 2018 by a Ferrari engine deal and now boasts support of Alfa Romeo 9. Haas (5th) $130 million (115 million euros) 250 employees Will benefit in 2019 from a title sponsor, energy drinks manufacturer Rich Energy 10. Racing Point (ex-Force India) (7th) $120 million (105 million euros) 405 employees Will benefit in 2019 from new title sponsor, internet sports betting site SportPesa. Jean Todt pushing for a return to 12 teams FIA president Jean Todt wants to increase the number of teams in Formula 1 but is facing resistance from the sport’s current competitors. In an interview with Sky Todt admitted he wants to increase that number “It’s always a long debate, at the moment we have 10 stable teams. As you know we are talking together with the commercial rights holder [Liberty Media], with the teams, about the renewal of the Concorde Agreement [beyond] 2020. And we are considering a lot of things. Of course for me I think it would be better to have 12 teams. If you speak about that to the actual team principals they are not very happy about that because of course it will change financial distribution, so it will be different for them. But it’s part of the discussion”. Todt indicated Formula One Management also wants to expand the grid “At the end of the day the most important is not so much the number of teams it’s the quality of the team and the quality of the show. So that’s something we do fully agree together with Formula 1, with Chase Carey, with his team and we are working very closely together”.