How Many Formula 1 Teams Are There?

The 2023 FIA Formula 1 World Championship, the 74th year of the long-running motor racing series, is here, and we have all of the information that you will need about the teams lining up on this year’s grid. Last year was completely different from what we saw in 2021, with Max Verstappen securing the points needed to clinch his second title for Red Bull after what initially appeared to be a close fight with Ferrari and Charles Leclerc. Lewis Hamilton and Mercedes struggled to accustom themselves to the new rules and regulations that were implemented – finishing way behind their championship rivals. Of course, there are far more than just three constructors. This article will detail the history of teams participating in F1 and look into this season’s cars to see who will be competing to finish top of the constructors’ championship in 2023.

❗ Since you are interested in Formula 1 teams and facts, you may want to check our complete guide to F1 Betting for 2024.

📜 A Few Words on The History of Formula 1 Teams

Formula 1 has been running since 1950, when 14 teams participated alongside a number of privately-entered cars. The first race took place at Silverstone, United Kingdom, with the likes of Alfa Romeo, Maserati and Scuderia Ferrari featuring in what was an Italian-dominated field of works cars. Juan Manuel Fangio was the first driver to emerge as a racing hero and a household name in the early days due to his utterly fearless driving style coupled with an alarming lack of health and safety. The sport itself has always been a big-money sport. An advertisement for the jet-setting lifestyle consumed with success, speed and action from start to finish.

Huge changes have taken place in F1 over the years when it comes to the cars themselves, with everything from the engine to the front wing and seat, where the driver has taken a far more advanced role. Fans have been wowed by some of the greatest F1 drivers to ever get into a racing car; Ayrton Senna took the world by storm in the 1980s with McLaren with his animated rivalry with teammate Alain Prost, and Michael Schumacher won a record seven world titles with Ferrari. Nobody thought this record would ever be equalled until Lewis Hamilton did exactly that in 2020 by becoming world champion for the seventh time.

While a lot of credit goes to the person behind the wheel, it is the car that makes the difference these days. However, some have argued that the competition has been too far apart, with the larger teams spending significantly more than the constructors towards the back of the pack. Therefore, decisions were taken to ensure that the racing was closer. The FIA conjured up the Concorde Agreement. While this requires teams to pay $200 million upfront, a cost cap was introduced in an attempt to level the competition on the track. Initially, there was some reluctance towards this, but this derived system was constructed to ensure a better experience for the fans in the grandstands.

Now that we are about to begin the second season with the new regulations and tyre supplier Pirelli continuing their relationship with Formula 1 for all 10 teams, let’s look at which constructors will be lining up on the grid for 2023.

🏎️ Current Formula 1 Teams

• Red Bull Racing
• Ferrari
• Mercedes
• McLaren
• Alpine
• Haas F1 Team
• AlphaTauri
• Alfa Romeo
• Aston Martin
• Williams

Red Bull Racing

Having secured crowns in the driver’s and constructor’s standings last season, Red Bull will undoubtedly aim to end at the top of the pile this time around. From 21 races in 2022, Christian Horner’s team secured 16 wins, with Verstappen picking up 15 of them, armed with the ever-reliable Honda engines. However, it remains to be seen what 2023 will hold due to their breach of the budget cap and reduced time in the wind tunnel. Will the RB19 be a championship-winning car? Only time will tell.

Ferrari

There’s no denying the fact that Ferrari will want to put 2022 behind them quickly in what was arguably one of their most disappointing seasons in recent memory. The Tifosi will be hoping to see some Maranello magic in this year’s chassis to secure their first championship win since 2008 and put the infamous brand back to the forefront of Formula 1.

Mercedes

Back in black! Mercedes launched arguably the best-looking car on the grid with the W14. Their all-British lineup of Lewis Hamilton and George Russell will be hoping for a much better year than 2022, with Mick Schumacher joining as the team’s third driver.

Alpine

If there was a trophy for the ‘best of the rest’ in 2022, Alpine would have won it after finishing 4th place by some distance behind Mercedes. The A523 aims to bring technical improvements to last year’s car, with their technical director already confirming that their car is underweight. So expect some quick laps during testing. Fernando Alonso steps forward Pierre Gasly, who has left the Red Bull programme to complete an all-French driver lineup alongside Esteban Ocon.

McLaren

The only way to look is up for McLaren will likely be going head-to-head with Alpine, who narrowly pipped the Woking-based constructor to 4th in the standings last season. With a new driver lineup and Daniel Ricciardo opting to move back to Red Bull as their third driver, all eyes will be on Lando Norris to carry the team forward in the MCL60.

Haas F1 Team

Haas appears to have ditched their rookie driver programme with the exit of Mick Schumacher and resorted to experience driving the VF-23 this year. Well-documented rivals Kevin Magnussen and Nico Hulkenberg will be sharing the same garage for the first time as Haas will most certainly have their eyes on the likes of Alfa Romeo and AlphaTauri to push up the grid in 2023.

AlphaTauri

The Red Bull junior team was way off the pace in 2022 and has made some changes in the hope of moving further up the constructor’s table with the new AT04. Former Formula E champion Nyck de Vries will accompany Yuki Tsunonda in a driver lineup that lacks the experiences other teams have in F1. However, the Dutchman’s impressive performance at Williams last season will leave AlphaTauri with high hopes that he can claim points with the Italian team.

Alfa Romeo

Good times always come to an end, with Alfa Romeo set to say goodbye to Formula 1 at the end of the 2023 season. However, their driver lineup remains unchanged, and their new car for this year looked to have a lot more parts engineered for aerodynamics compared to others. Of course, we’ll see what the C43 is really made of once the first day of testing in Bahrain begins and whether they have the numbers and laps in them to move closer to the midfield.

Aston Martin

Aston Martin continues to move away from Racing Point and head in an entirely new direction as a team. The British team, based out of their new factory in Silverstone, will be hoping that the AMR23 will be far more competitive than last year’s car. The departure of Sebastian Vettel meant that one former world champion was replaced with another. Scroll further down this article to find out who.

Williams

The changes continue at Williams, and their focus on driver development will carry on this year. With Nicholas Latifi losing his seat, young American driver Logan Sargeant will step in, the first USA driver to do so since Scott Speed in 2007. They also have a new boss, a familiar name to F1 fans, James Vowles, best known for his mid-race calls to Bottas at Mercedes. Not much is expected from the FW45. But with Gulf sponsorship, it will be interesting to see what Williams comes up with in 2024 and beyond.

🏁 Team Drivers

Here are the team drivers for the 2023 F1 season:

• Max Verstappen
• Sergio Perez
• Charles Leclerc
• Carlos Sainz
• George Russell
• Lewis Hamilton
• Esteban Ocon
• Pierre Gasly
• Lando Norris
• Oscar Piastri
• Valtteri Bottas
• Zhou Guanyu
• Fernando Alonso
• Lance Stroll
• Kevin Magnussen
• Nico Hulkenberg
• Nyck de Vries
• Yuki Tsunoda
• Alexander Albon
• Logan Sargeant

Max Verstappen

Max Verstappen has an opportunity to do something only Sebastian Vettel has done – become a three-time world champion with Red Bull. That will certainly be the aim for the Flying Dutchman this year but may face some more stiff competition from the likes of Ferrari and Mercedes.

Sergio Perez

While not entirely content with being the proverbial backup singer for Verstappen, Sergio Perez will be in and around the top spots on the grid. A man whom we will likely see on the podium often this year, depending on how testing goes for Red Bull.

Charles Leclerc

The news can only get better for Charles Leclerc after a 2022 season that the Monagasque driver will want to put behind him. With new people entering the team in the form of Fred Vasseur from Alfa Romeo, he will be hoping decisions from the pit wall will benefit rather than deplete his chances of victory.

Carlos Sainz

After finally getting his first victory in Formula 1 at the British Grand Prix last year, the honeymoon period for Carlos Sainz at Ferrari is certainly over. The pressure will likely be on the Spanish driver to get some meaningful results to see Ferrari move up the constructors’ standings. Sainz Jr will have to be on top of his game to get the most out of his race car this year.

George Russell

A similar story to Sainz at Ferrari, George Russell will have the eyes of the paddock on him this year. The Brit was unfortunate to move to a team that was essentially in a transitional period following the regulation changes. But Mercedes, as a team, have the opportunity to turn a page in their chapter and give Russell the tools, along with his teammate, to go and fight for titles.

Lewis Hamilton

Lewis Hamilton is here to stay after whispers down the paddock were suggesting he was thinking of retiring. This is good news for fans. The seven-time world champion will likely stick around until he achieves a record eighth crown. Will he do that this year? Never discount Hamilton. Arguably one of the best drivers of all time, it will all depend on how pre-season testing goes for the Mercedes team.

Esteban Ocon

After signing a three-year contract extension last year, Esteban Ocon will be part of an all-French driver lineup for 2023. However, expectations of the Frenchman are rather unknown at this stage after the England-based team finished 4th in the constructors’ table last year. A few more wins under his belt may be signs of progression, but whether the car has the capabilities to perform at the front will be the biggest question.

Pierre Gasly

After taking what felt like an age to get over the line, Pierre Gasly was confirmed as the second driver at Alpine after a complex set of scenarios led to his arrival. After Fernando Alonso refused to extend his contract with the team, they initially went after Oscar Piastri. Despite confirming that the Australian driver had joined, he quickly denied this and opted to move to McLaren instead, opening the door for Gasly to make the jump from AlphaTauri. After leaving the Red Bull driver programme for the first time in his career, it will be interesting to see how Gasly operates outside his comfort zone.

Lando Norris

Still without a win in Formula 1 but has come incredibly close on occasions. Lando Norris will be hoping to be named as the winner of a grand prix or two in 2023. As the number one driver for McLaren, it is a realistic goal for the Brit. Things will have to fall into place for that to happen, with the new regulation changes bedding themselves into Formula 1. Expect Norris to finish in Q3 and regularly be in the top 10 this season.

Oscar Piastri

One of two new additions to the F1 grid, Oscar Piastri has joined a select and illustrious list of drivers who won the F2 title in his first season – only Lewis Hamilton, Nico Rosberg, Charles Leclerc, George Russell and Nico Hulkenberg did it as well. This should put the Australian driver, the first on the grid since Mark Webber, in good stead going into Formula 1. Qualifying would be interesting for Piastri, but expect plenty of brave overtaking from the rookie.

Valtteri Bottas

Bottas arrived at Alfa Romeo and immediately came in as a leader in the team, which saw the Italian team significantly improve in 2022. Nonetheless, the Finnish driver’s career is coming to its latter stages. While Bottas is expected to compete in the midfield, it will be interesting to see what he decides to do at the end of the 2023 campaign.

Zhou Guanyu

Despite having only signed a one-year contract for his rookie season, Zhou Guanyu impressed the Italians enough and rewarded him with a seat alongside Bottas once more. It will be a big year for the Chinese driver, who will be looking to move his way up the grid and target Q3, along with a more competitive race pace.

Fernando Alonso

Not a move many experts would have predicted, but Fernando Alonso decided he wanted a new challenge away from Alpine by joining Aston Martin. Replacing Sebastian Vettel, the two-time world champion will be put straight into a leadership role in a team and will likely be there for a few seasons. Whether Alonso can bring them the first bit of success since the team used to be Racing Point remains to be seen.

Lance Stroll

Lance Stroll has been confirmed again for Aston Martin for the 2023 campaign, a team owned by his father, Lawrence. It seems like the pressure is off the Canadian driver with those arrangements in place. But if events change this year, depending on Stroll’s on-track performance, those expectations could be altered for better or worse. Time will tell.

Kevin Magnussen

It was a great year for Kevin Magnussen in 2022. His return to Formula 1 saw him out-qualify his place in almost every race and even secured a pole position in Brazil. Depending on how Haas’ new car performs this season, expectations could be raised on the Dane to take the American team forward.

Nico Hulkenberg

Nico is back. The veteran German driver, who famously has never stepped onto the podium in Formula 1, will be required to get a grip on his new Haas car quickly. The German replaces a fellow native, Mick Schumacher, who opted to move to Mercedes as the team’s third driver.

Nyck de Vries

Nyck de Vries’ story about arriving into Formula 1 is a complex one, but the reigning Formula E champion has his opportunity in motorsport’s pinnacle racing league. Admittedly, the Dutchman wasn’t AlphaTauri’s first choice, who was initially looking at IndyCar driver Colton Herta. But opted to go with de Vries instead, who impressed Williams as a stand-in driver in 2022.

Yuki Tsunoda

After securing a one-year extension on his contract, Yuki Tsunoda will complete what an inexperienced driver lineup is, compared to other teams.

Alexander Albon

After an impressive first season at Williams, following his switch from Red Bull, the Thai driver signed a multi-year contract starting in 2023. As the most senior driver in the team, it will be Albon’s first opportunity to lead by example and show his new rookie teammate the ropes.

Logan Sargeant

It was the least surprising news in the world to hear that Nicolas Latifi wouldn’t be retained for 2023. Step forward, Logan Sargeant. Whether the American would have enough super license points to secure a seat was hit and miss. But by finishing 4th in the driver’s standings, he was just enough.

💵 Team Sponsors

• Red Bull: Oracle, Hard Rock, Tag Heuer, Telcel, Mobil 1, ByBit, Honda, Claro, Rauch, Poly, ArmorAll, Cash App, Castore, Built for Athletes, New Era, Arctic Wolf, Zoom, Hewlett Packard Enterprise, Inter.MX, AT&T, Siemens, Poker Stars, Blenders Eyewear, Therabody, Pirelli, AlphaTauri, DMG Mori, Hexagon, PWR, Ansys, Gold Standard, Ocean Bottle, BMC, Walmart, ROKT.
• Ferrari: Shell, Santander, Ray Ban, AWS, Richard Mille, CEV Logistics, Mission Winnow, Genesys, Bit Defender, Estrella Galicia (0%), HCL Software, Harman Automotive, Palantir, OMR Automotive, Puma, Bang & Olufsen, Vista Jet, Mahle, Pirelli, SKF, Ecopol, Giorgio Armani, Riva, NGK Spark Plugs, Brembo, Bell Helmets, Freccia Rossa, Manpower Group, Techno Gym, Garrett Advancing Motion, Riedel, Ohlins, Iveco, Sablet.
• Mercedes: Petronas, Ineos, Crowdstrike, TeamViewer, UBS, Snapdragon, G42, Akkodis, IWC, Solera, Hewlett Packard Enterprise, Einhell, Nuvei, AMD, Marriott Bonvoy, Sherwin Williams, Tommy Hilfiger, Fastly, Pure Storage, Monster Energy, Puma, OZ Racing, Eight Sleep, Police Eyewear, Endless, Pirelli.
• Alpine: BWT, Castrol, BP, Renault E-Tech, Binance, Ecowatt, Mobilize Financial Services, Microsoft, Plug, Bell & Ross, Kappa, Sprinklr, Boeing, Delphi, Eurodatacar, K-Way, Shamir, Yahoo!, 3D Systems, Alpinestars, Alpine Eyewear, Elysium, GCAPS, Hexis, KX, Matrix, PerkinElmer, Pirelli Roland, Trak Racer.
• McLaren: OKX, DELL, DP World, Tezos, Android, Jack Daniels, Splunk, Google Chrome, Cadence, Go Puff, FxPro, Hilton, CNBC, VMWare, Unilever, DeWalt, Alteryx, Smartsheet, Coca-Cola, Richard Mille, Party Responsibly, Medallia, Castore, Webex, Goldman Sachs, Arrow, Darktrace, A Better Tomorrow, Easypost, Immersive Labs, TUMI, Deliotte, Sikkens, MIND, Sparco, Logitech, Sun God, K-Swiss, FAI Aviation Group, Ashurst, Pirelli, Stratasys, Kaust, NEOM, Merchants Fleet, Alienware, Veloce eSports, New Era, Ultimotive, L’Amy Luxe, Vantage, ICE.
• Haas: MoneyGram, AlpineStrs, Chipotle, Haas Stooling, Hantec Markets, Oak Berry, Open Sea, Palm Angels, Pirelli, Schuberth, Tricorp Workwear, Taittinger.
• AlphaTauri: Orlen, Buzz, Rapid,Honda, Epicor, FlexBox, Randstad, Pirelli, Ravenol, GMG, P448, Carl Friedrik, Riedel, Siemens,
• Aston Martin: Cognizant, Aramco, XP, Sentinel One, Citi, Crypto.com, Juniper Networks, Peroni, JCB, Porto Seguro, NetApp, AvaTrade, Hugo Boss, Girard Perregaux, EPOS, Bombardier, Socios, Globe Trotter, Pirelli, TikTok, Ogio, Oakley, AlpineStars, ebb3, Stilo, Pelmark.
• Alfa Romeo: Stake, KICK, Brutsch Ruegger, Riedel, Accelleron, Agilis, AMX, Assos, Aximtrade, Camozzi, Cielo, Ciesse Piumini, Code 0, Delsey, Edelweiss, Everdome, Singha, Additive Industries, Ferrari Trento, Georg Fischer, Globe Air, Hyland, Jig Space, Marelli, Mindmaze Labs, Mitsubishi, Pirelli, Puma, Rebellion, Sabelt, Salt, Save The Children, Seagate Pyve Cloud, Sensetime, Socios, Walter Meier, Web Eyewear, Whistlepig.
• Williams: Gulf, Duracell, Stephens, Dorilton Ventures, Acronis, Michelob Ultra, Financial Times, Broadcom Software, Bremont, Puresteam, Pirelli, Umbro, Zeiss, Crew Clothing, PPG, OMP, KX, DTEX, Life Fitness, SIA

📘 Team Owners

• Red Bull: Christian Horner
• Ferrari: Frederic Vasseur
• Mercedes: Toto Wolff
• Alpine: Otmar Szafnauer
• McLaren: Andrea Stella
• Alfa Romeo: Alessandro Alunni Bravi
• Haas: Guenter Steiner
• Aston Martin: Mike Krack
• AlphaTauri: Franz Tost
• Williams: James Vowles

🏆 Team Championships

1. Ferrari: 16
2. Williams: 9
3. McLaren: 8
4. Mercedes: 8
5. Red Bull: 5
6. Alpine: 0
7. Alfa Romeo: 0
8. AlphaTauri: 0
9. Aston Martin: 0
10. Haas: 0

🥇 Team Records

These statistics were derived from StatsF1 to ensure accuracy.

Ferrari

• Starts: 1052
• Wins: 242
• Percentage: 23%

McLaren

• Starts: 924
• Wins: 183
• Percentage: 19.8%

Williams

• Starts: 805
• Wins: 115
• Percentage: 14.16%

Mercedes

• Starts: 271
• Wins: 125
• Percentage: 46.1%

Red Bull

• Starts: 347
• Wins: 92
• Percentage: 26.5%

Alfa Romeo

• Starts: 192
• Wins: 10
• Percentage: 5.2%

AlphaTauri

• Starts: 61
• Wins: 1
• Percentage: 2.63%

Alpine

• Starts: 44
• Wins: 1
• Percentage: 2.27%

Haas

• Starts: 144
• Wins: 0

Aston Martin

• Starts: 49
• Wins: 0