F1 LIVE: Lewis Hamilton escapes FIA punishment as Sergio Perez upsets race stewards | F1 | Sport

There is an awful lot of cash in F1, it’s no kept secret.

But this year drivers across the grid really are filling their pockets, as the prize offerings following the season-ending Abu Dhabi showdown have been revealed in full.

F1’s revenue is divided annually between the prize fund for the constructors and returns for shareholders, making for a lucrative affair all round.

Under the terms of the eighth Concorde Agreement, the profit prize money distribution was closed in from 20 per cent for the champions and four per cent for the tenth-placed team to 14 per cent for the champions and six per cent for the team finishing bottom of the standings. 

Therefore, in line with 2023 revenue statistics, Red Bull will pick up a prize money reward in the region of £52.50million for claiming the Constructors’ Championship title, while the team that finishes bottom of the standings will pick up around £11.95m for their efforts.

FULL CASH BREAKDOWNS HERE.

Leave a Reply

Your email address will not be published. Required fields are marked *