Ferrari F1 Is the 15th Most Valuable Sports Franchise

Valued at $1.1 billion.

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Owned by the Fiat Group, Ferrari's F1 team was ranked as the 15th most valuable sports franchise on the planet. Up three percent from last year, the team is now valued at about $1.1 billion. Spanish bank Sartander and Marlboro remain two of the comapany's biggest sponsors. 

[via Forbes]

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