The top of accomplishment in Method 1 is undoubtedly the Drivers’ Championship, however in relation to monetary rewards, the Constructors’ Championship is the place the actual income lie.
In Method 1, each place within the Constructors’ standings is important as a result of the upper a staff finishes, the bigger their share of the prize fund. Which means battles for positions as little as sixth place can carry virtually as a lot significance because the combat for first. The significance of those placements was evident this season, with important monetary implications shaping staff dynamics.
Pink Bull’s share of the prize pool took a serious hit this 12 months after dropping their Constructors’ title, primarily as a result of recurring points with the RB20. Moreover, Sergio Perez’s underwhelming performances value the staff thousands and thousands in prize cash and finally his seat for the 2025 season. Equally, Mercedes suffered financially after dropping two locations within the standings in comparison with 2023. McLaren, then again, emerged as the most important winners, clinching the Constructors’ Championship after ending fourth final 12 months and reaping the monetary rewards that got here with the victory.
The distribution of prize cash is ruled by the Concorde Settlement, a business contract amongst all groups that outlines how income is allotted. Based on this settlement, Method 1’s staff prize pool is predicated on 50% of its business rights income. Nevertheless, this share can fluctuate, as Method One Administration’s portion will increase as soon as sure income thresholds are reached.
Prize cash isn’t divided equally among the many groups. Ferrari, for instance, receives an extra bonus of round 5% as a result of its historic significance, having participated in each Method 1 season since 1950. Different bonuses are granted for previous successes, equivalent to championship wins, which may end up in as much as 25% of the pot being allotted to bonuses alone, leaving the remaining quantity to be shared amongst all 10 groups.
Place | Group | Prize Cash |
1. | McLaren | £106 million |
2. | Ferrari | £99 million |
3. | Pink Bull | £93 million |
4. | Mercedes | £86 million |
5. | Aston Martin | £79 million |
6. | Alpine | £72 million |
7. | Haas | £66 million |
8. | RB | £59 million |
9. | Williams | £52 million |
10. | Sauber | £45 million |
For 2024, the prize cash figures, as estimated by Autosport, are based mostly on 2023 revenues transformed to kilos sterling. The entire staff funds are calculated at roughly £1.2 billion, with a prize pool of £1 billion.
The Monetary Ups and Downs of 2024
McLaren emerged as the highest earners, securing roughly £106 million, whereas Pink Bull’s complete dropped to £93 million as a result of their decline in efficiency. Mercedes additionally noticed a discount, incomes £86 million in comparison with £99 million the earlier 12 months after ending fourth.
Alpine’s dramatic rise from ninth to sixth, aided by their podium end in Brazil, resulted in an extra £20 million in prize cash. In distinction, Sauber ended the season as the most important loser, ending final behind Haas and experiencing a major monetary setback.
Because the Constructors’ Champions, McLaren will face a hefty entry payment of £4.8 million for the 2025 season. This payment is calculated at a better fee per level for the first-placed staff in comparison with the opposite 9 rivals. To place this into perspective, McLaren’s entry payment alone exceeds the mixed charges of Aston Martin, Alpine, Haas, Pink Bull, Williams, and Sauber.
Regardless of their victory, McLaren’s 666-point tally is almost 200 factors fewer than Pink Bull’s complete from the 2023 Method 1 marketing campaign. Consequently, their entry payment stays decrease than the £5.8 million Pink Bull paid for his or her record-breaking efficiency final 12 months.