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How This Billionaire Seceretly Owns Formula 1! 

Old Money Diaries
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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
Click to subscribe :) / @oldmoneydiaries1800
#oldmoney #f1 #wealth
_________________________________________________________________
🤑 About Old Money Diaries
Join "Old Money Diaries" to delve into the fascinating world of old money together. Explore the captivating lifestyle, rules of prosperity, captivating stories of old money dynasties, and exquisite possessions like cars, watches and yachts. Connect with a community of connoisseurs who share a passion for heritage, elegance, and the art of refined living.
⚠️ Disclaimers
• This video contains information not to be considered the truth, rather theories and information found on the internet or broadcasted by news outlets and journalists.
• Old Money Diaries does not have the intend to slander or discredit any of the persons mentioned.
• Old Money Diaries does not condone nor promotes the actions mentioned in this video, it is for educational purposes only.
⚠️ Copyright Disclaimers
• We use images and content in accordance with the RU-vid Fair Use copyright guidelines
• Section 107 of the U.S. Copyright Act states: “Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright.”
• This video could contain certain copyrighted video clips, pictures, or photographs that were not specifically authorized to be used by the copyright holder(s), but which we believe in good faith are protected by federal law and the fair use doctrine for one or more of the reasons noted above.

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27 май 2024

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Комментарии : 42   
@jaarjanssen5839
@jaarjanssen5839 2 месяца назад
Thought it just was being funded by sponsorships, but these guys are also putting in some serious money 😂
@tapps4260
@tapps4260 2 месяца назад
and the picture showed Bill Gates - where was he?
@maurices5259
@maurices5259 Месяц назад
Didn't see Bill Gates anywhere and if by the picture you mean the thumbnail, well that's Laurence Stroll.
@tapps4260
@tapps4260 2 месяца назад
Isn't Mateschitz dead?
@maurices5259
@maurices5259 Месяц назад
Yes, died in October 2022
@oldmoneydiaries1800
@oldmoneydiaries1800 Месяц назад
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!
@dneth19
@dneth19 2 месяца назад
you made such a good video but put a misleading thumbnail? thats cheap of you. disliked!
@user-df5pq4gr7c
@user-df5pq4gr7c Месяц назад
So did I. No need for clickbait
@chipsawdust5816
@chipsawdust5816 Месяц назад
I bet Ross is going to want to get the hell out of his NY investments these days.
@paolochiarlone1968
@paolochiarlone1968 Месяц назад
Dietrich Mateschitz died in 2022, is this an updated video????? 🙄🙄🙄
@oldmoneydiaries1800
@oldmoneydiaries1800 Месяц назад
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!
@AttitudeCharter
@AttitudeCharter Месяц назад
....owns the Formula 1 WHAT?
@amazeddude1780
@amazeddude1780 2 месяца назад
Clique bate.
@311superfly
@311superfly Месяц назад
$100 billion more than Walmart logo?
@BenelliMr
@BenelliMr Месяц назад
Interesting: I learned that Christian Dior was Italian ???
@311superfly
@311superfly Месяц назад
Claro . Tiny logo for 100 billion dollars guy don't yah think.
@luiscarlosrodriguezsancho1436
@luiscarlosrodriguezsancho1436 Месяц назад
And a seat
@joshualai888
@joshualai888 Месяц назад
Your video is good but your misleading clickbait thumbnail is a turn off. Please change your ways.....
@oldmoneydiaries1800
@oldmoneydiaries1800 Месяц назад
Thanks for your feedback, we will take this into account!
@ddk_ut
@ddk_ut Месяц назад
@@oldmoneydiaries1800 our time matters, don’t appreciate being tricked into watching a reel just for hits!
@yvest5184
@yvest5184 Месяц назад
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
@magikindian
@magikindian Месяц назад
Relax yourself, this is the culture of RU-vid. It's free.......!!!
@311superfly
@311superfly Месяц назад
Wow inios MB . Lost super rich guys Big money quickly. Good job
@samghost13
@samghost13 2 месяца назад
p.s: Lance Stroll suck's! He had enough time and enough is enough!
@rodclark5831
@rodclark5831 Месяц назад
Learn some yoga
@barryalangroves8759
@barryalangroves8759 Месяц назад
In your dreams
@samghost13
@samghost13 2 месяца назад
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!
@georgeblank2648
@georgeblank2648 12 дней назад
Tell us please
@samghost13
@samghost13 11 дней назад
@@georgeblank2648 yes
@tonyking9235
@tonyking9235 Месяц назад
LOVE TO SEE HIM DROP DOWN D
@311superfly
@311superfly Месяц назад
Never heard of mikal sluu.? Aston Martin clothes in USA? Seriously. Go braves.
@kenmeredith1952
@kenmeredith1952 Месяц назад
Old money.....lots of old news.....Mr Red Bull passed away last year!
@oldmoneydiaries1800
@oldmoneydiaries1800 Месяц назад
What would you like to see next?
@gr5535
@gr5535 Месяц назад
Big Money ruining another Sport 🤔
@oldmoneydiaries1800
@oldmoneydiaries1800 Месяц назад
Interesting point! Do you want to see how other sports are financed as well?
@311superfly
@311superfly Месяц назад
Go ROSS.
@raymondfry5763
@raymondfry5763 Месяц назад
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.
@chriswirges5202
@chriswirges5202 Месяц назад
What B.S. Ferrari owns Ferrari
@axelknutt5065
@axelknutt5065 Месяц назад
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)
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