Formula One teams earn in million’s for top finishing. The prize money hike 25% in last five years. In 2018, Ferrari make $208 million from constructors championship which include bonus. However Ferrari retain’s the top position with ($511.9 million) as of winning share in year 2019. Some Formula 1 teams received extra bonus money on base of their previous season performance and popularity. F1 2022 Prize Money reported.
|Racing Teams||Column 1||Column 2||Bonus & Others||Total|
|Ferrari||$35 Million||$56 Million||$114 million||$205 Million|
|Mercedes||$35 Million||$66 Million||$76 million||$177 million|
|McLaren||$35 Million||$46 Million||$71 million||$152 million|
|Red Bull Racing||$35 Million||$32 Million||$33 million||$100 million|
|Renault||$35 Million||$38 Million||N/A||$73 million|
|Haas||$35 Million||$35 Million||N/A||$70 million|
|Williams||$35 Million||$15 Million||N/A||$60 million|
|Racing Point||$35 Million||$24 Million||N/A||$59 million|
|Sauber||$35 Million||$21 Million||N/A||$56 million|
|Toro Rosso||$35 Million||$17 Million||N/A||$52 million|
In the above table first column represent the equal merit. Which means all teams received a fixed amount of prize money ($35 million). The 2nd column is about how F1 teams finished on points table. The prize money paid to all F1 teams according to their drivers position on formula 1 table and constructors position.
Formula One organizers provide extra support to some teams with annual bonus money. Ferrari F1 team earn highest bonus money in season 2019. According to sources ($114 million) paid in bonus to them. Bonus prize money is not fixed for every team almost half of the team wont earn any bonus.
|Team Drivers||Total Team Prize Money Won|
|Sebastian Vettel||$511.9 million|
|Lewis Hamilton||$449.6 million|
|Kimi Räikkönen||$386.3 million|
|Nico Hülkenberg||$250.9 million|
|Sergio Pérez||$232.2 million|
|Daniel Ricciardo||$231.1 million|
|Valtteri Bottas||$218.3 million|
|Romain Grosjean||$200.9 million|
|Robert Kubica||$154.7 million|
|Max Verstappen||$132.5 million|
|Carlos Sainz||$126.5 million|
|Daniel Kvyat||$71.8 million|
|Kevin Magnussen||$49.9 million|
|Lance Stroll||$33.3 million|
This is how much driver earn prize money for their teams. Sebastian Vettel leads the list with almost $511 million which include racing winning bonus. Lewis Hamilton stand 2nd in the list of 2019, drivers prize money. He brings $450 million to his team account. The lowest prize money won by any driver for his team is Lance Stroll $33.4 million. Further detail about prize money distribution among F1 teams will be provided here. How much Formula 1 prize money adjusted in 2022.