Yearly, Liberty Media hands out millions in prize money. RacingNews365 understands that 45% of the total F1 revenue goes directly to the teams.
Part of that consists of prize money, to be distributed via a descending percentage scale, another part consists of bonuses.
Last year, the prize money pot (excluding bonuses) was estimated at $1 billion. Looking at Liberty Media's revenue in 2024, we see that after the third quarter it had 25% more revenue than in the first three quarters in 2023.
However, we do see that each quarter the growth decreases somewhat, so for the table below we assume a 15% increase in revenue over the entire year.
If we pass that same 15% on to this year's prize money compared to last year, we arrive at the amounts below.
The champion takes 14% of the prize pool, 10th place takes 6%. This brings us to the figures below. McLaren, as champion, takes the largest amount.
A small detail is that although Red Bull finished in third, Max Verstappen's team will receive at least as much as in 2023 ($140 million), due to the larger total pot.
Figures are approximate and rounded to whole millions.
F1 constructors' prize money 2024
| Position | Team | Estimated prize money ($) |
|---|---|---|
| 1 | McLaren | 161 million |
| 2 | Ferrari | 151 million |
| 3 | Red Bull | 140 million |
| 4 | Mercedes | 130 million |
| 5 | Aston Martin | 120 million |
| 6 | Alpine | 109 million |
| 7 | Haas | 100 million |
| 8 | VCARB | 90 million |
| 9 | Williams | 79 million |
| 10 | Stake F1 | 69 million |
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