Videos Live Scores Podcasts Opinion Interviews Business of Sport Inside Story Football Cricket Tennis Formula One Golf NBA UFC UAE Racquet Sports Fitness

Ferrari to receive largest team payment in 2016

F1i

12:54 09/04/2016

Figures published by Autosport show Ferrari’s long-standing team payment – of which it is the only recipient on the grid – will ensure the Scuderia earns more money from Formula One Management (FOM) than any other team.

The teams will receive a share of $965m in payments from FOM, but these amounts are not distributed evenly. Ferrari, Mercedes, Red Bull and McLaren all earn additional constructors’ championship bonuses which were negotiated separately, while Red Bull, Mercedes and Williams also receive further fixed payouts.

If the revenues were distributed evenly, each of the ten teams would receive $96.5m from FOM. However, the imbalance is highlighted by the fact that seven of the ten teams receive less than that figure, with Ferrari receiving slightly less than double the amount.

Ferrari will earn $192million this year, which is $21m more than reigning world champions Mercedes. Of that amount, only $87m of Ferrari’s prize fund is as a result of its championship position.

Mercedes is set to receive $171m as a result of its recent success as well as its bonuses, while Red Bull – fourth in last year’s constructors’ standings – will earn $144m. Williams, on the other hand, gets $87m in total despite beating Red Bull last year.

In 2015 the teams received a share of $883m, meaning this year marks a 9% increase despite the previous two seasons both featuring 19 events.

The figures reported by Autosport are as follows:

More from formula-one

Watch: Big ONE Championship wins for Lebanese brothers, Moroccan delivers big upset

ONE Fight Night 22: Turkey’s Halil Amir has sights set on ONE Championship Gold

From Morocco to Abu Dhabi: Zakaria El Jamari’s incredible martial arts journey

French-Algerian Anissa Meksen gets chance to be first to claim new ONE Championship gold

Adrian Lee’s ONE Championship debut confirmed as he looks to further family legacy

NBA 3X ABU DHABI an unparalleled success with legends LaMarcus Aldridge and James Worthy in attendance

Most Popular