💰 How F1 teams share $1BILLION in prize money
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- Опубліковано 17 жов 2024
- Formula 1 as a championship takes in a huge amount of money which then gets shared amongst the teams. But how is that prize money shared and why do Ferrari still get the biggest share of the prize pot?
F1 is like Ferrari's grandma. "Here, have some money for existing."
Hahaha nice one
I mean, they are the most popular, the best known, most winning and the oldest F1 team on the grid today, F1 doesn't want Ferrari leaving any time soon.
@@TheBiggestCorn fuck em nobody care if they're there if they can't win a championship + u think Ferrari will ever leave F1 ? Lol that's impossible the Ferrari brand is build around the F1 so they will never leave the sport
@@H00H F1 is expensive and Ferrari is a company.
Companies only objective is revenue, no revenue from thing X, they won't do said thing.
That 50mil is an incentive to not leave F1 even if they don't win.
+Ferrari is still the most popular, the most successful and the oldest F1 team on the grid.
@@TheBiggestCorn not only that , but how much revenue has Ferrari accumulated over the years its been in F1. Sadly its no longer about racing anymore and more geared towards company vs company. With loyal fans been kicked out. Out with the old and in with the new. Consistent of how every large company operates over time.
Now we know where Ferrari gets all the funding for their elite race strategists.
im so dead 💀
@@thanh_12 bros dead
@@vysws i was ☠️
HULLAAA , FERRARI MASTERPILAN
Ferrari strategists must have graduated for McDonalds, when even I can be better strategist, than they are.
So Ferrari gets over $50 million just for showing up, which is a significant portion of the cost cap. They also are the only team with veto power. I have to wonder how they don't consistently win championships with such a crazy advantage.
thats not that useful. Cuz by the end of the day, car still wins, and having a good car is completely based on what the engineers do.
@@alt2484 Yes, but if the car is the problem for Ferrari as you claim, maybe Ferrari should use their free extra money for hiring better engineers.
They used the spend 500 million so it has nothing to do with the cost cap and even before it it’s nothing compared the funds the massive funds of Mercedes as the top 5 largest car companies.
It really has no impact on the championship and just helps to ensure Ferrari never considers leaving, and recognizes them as the most historic and culturally valuable team.
@@patepulkkinenvtec2403 The “free” money is of no practical use to them… just makes it more economically viable for Ferrari, and was signed a long time ago.
What is veto power?
"This short was brought to you by Ferrari"
The rich get richer, Williams being the exception. But when that too 3 in the last 10 years runs out 😬
2026 will be their first year without it.
I mean isnt it normal that rich gets richer?
It’s honestly hard to believe with today’s results that less than 10 years ago Williams finished top 3 in the Constructor’s
@@Finduski yeah it's supposed to be like that
A special payment to “teams under 5 years old to help them compete for the good of the sport” would be much more valid than Ferrari’s “historic contribution” payment
No
@@AdBul_ thank you sir for your insight
@@_bstr_ct1832 no problem, any time
Ferrari brings in a massive amount of fans to f1. With no Ferrari f1’s revenue would be significantly lower. Therefor they deserve a part of its revenue. Enough insight for you??
@@mitchell4745 dumb argument
Ferrari: Exists
F1: Here’s money
Stonks 📈
Ferrari: Use free money to hire incompetent leaders
FIA - Ferrari's International Assistant
😂😂😂 Nice one
Beautiful
Funny seeing how they treated Ferrari during the last season
@@ROUGE28 exactly
@@ROUGE28what happen?
F1 generates 2.5B€ in 2021 and recently got evaluated for 20B and FIA president said it's not the valuable on his official Office account and F1 has sent out a letter to FIA for this action
They should share the money equally/more equal, they can still compete using sponsorships who surely would prefer putting their money on a winning team, this way, the backmarker get more chance and people will love it more, who doesn't love haas starting at a pole position last year? Everyone loves amazing underdog comeback story.
Ofc we find someone who thinks that everything should be shared equally.. I bet you want everything to yourself but dont wanna share what you have..
@@Finduski nooooo ....do not leave it up to sponsor pay, thats how Nascar does it and its destroyed the sport. Teams run on negative cash flow. F1 needs to reward those who do better or why would these teams poor in so much time effort and money to win if everyone got the same prize.
Historical significance... Doesnt matter if you are literally the team with the worst decision making and strategy, with 2 very talented drivers that get a car that basically recieves no upgrades throught the season, you sacrifice the drivers championship of your LEAD driver just to not hurt the feelings of your second driver and make a complete joke of yourself ,you still get a special prize cause why not...
No mate Ferrari are not given extra for historical significance they are given 5% for the therapy that their team members need after the season is over
Remember the Ferrari pit guy who got his leg ran over and broken in half by Raikonnen?
Zero coverage of that during or after the race, but if you saw it happen live you got to see it snap.
@@internet_internet 2018 Bahrain I remember
"down to 6 percent for 10th"
Cuts to Williams 💀
As unfair as that money seems for Ferrari getting it simply for existing, the fact they are in F1 brings in so much more cash to F1 that it absolutely dwarfs that 50 million $ sum that they are getting.
So basically F1 is paying Ferrari for marketing
If they don't participate, no one will miss them beyond 1 or 2 years
@@spikeguardthe will be no f1 if Ferrari would leave.
@@spikeguard 1 or 2 years ??
Ok mate😂
@@AdBul_ 2021 was one of the best years of F1 and Ferrari basically didnt exist.
@@IshoGT how was 21 the best seasons lmao?
Williams should have at least a bonus of 3 percent for their heritage
I think it would be more interesting if the top teams got the least, and the back markers the most, and everything in-between
I really think Williams should receive ‘historic’ status too. Okay it’s not as old but it’s the only grass routes team still in f1, one of the most successful and could really do with some extra cash
They are owned by a huge hedge fund company, they have plenty cash. Haas and Sauber(until audi takes over) probably have the poorest owners.
It's called historic status bonus, but in reality it should be called fan base bonus.
Ferrari fans make almost half of F1 fanbase, Williams idk, maybe not even 5%?
That's the real reason why they get the bonus, because F1 get way more profit from Ferrari than those 50 millions they pay them.
The Top 3 & Title Winning bonuses need to go BACK into the prize fund. This is part of the reason why those on top have stayed on top for so long. Luckily we have the budget cap now. Fairer fight
Yeah THATS why the teams with the best staff, equipment and processes are always on top. Some prize money. Sure maybe back in the day that compromised most of a teams budget but seriously. All the fame and exposure of winning alongside the best sponsorship opportunities available also play a huge part. And let’s not forget all of the most successful teams in the modern era also have huge companies behind them to bolster the budget if needed, along with providing facilities and expertise etc etc.
The biggest problem is liberty stealing over 50% because they were allowed to buy stolen property.
What happens to the other half or billion dollars?
Like seeing this kind of content. F1 is so closely tied to business is an aspect I like of the sport.
So basically, when a team wins it earns money twice for that : the year they win and they keep earning for years to come.
It may be the most fair split F1 ever had, but still seems a bit unfair to me. I wish the system would tend to what American sports have with the draft system : if you win, you have less of a bonus since you’re the one that need it the least.
Better than the terrible deals Bernie did at least. That screwed F1 up for a long time
It screwed up f1 by putting it in the hands of liberty, who now get more money than all the teams combined from all the teams hard work. The teams rightfully should own the commercial rights and should be paying maybe 10% to a marketing/promo team to run the series. Bernie should be in jail.
Insane money in that sport
Ok .. 😆
Does the Scuderia have a Veto ??
Given the budget caps, does it make sense anymore? Especially the one off payment to Ferrari?
Why does it look likemario kart in the video image
HE SOUNDS LIKE MUMBO JUMBO
Money doesnt buy happiness, in Ferraris case strategy
Ferrari reminds me of Dave Chappelle's joke about getting paid for trying not for performing
I believe Ferrari should get additional +10% for memes and amusement. Additionally 1 Million each time they screw strategy or pit wall gets confused.
So ferrari get free money for just existing? If this isn't blatant favoritism I don't know what is
Name another F1 team that has lasted half as long as Ferarri.
They've been there through all the ups and downs, they've been in the sport for decades while most of the other teams didn't exist a few years ago.
Favouritism isn't always a bad thing, you know.
If there’s no Ferrari it’s not F1. The appeal of the championship would drop significantly
@@bipolarminddroppings Williams and McLaren have been around for decades - do they get a payment as sizeable as Ferrari? Sauber has been around for donkeys years, where’s there’s?
It’s a bull shit payment as is their veto power - utterly ridiculous
@@lordv1le859 utter rubbish. That’s been said for years and it’s a threat Ferrari has always pulled when they wanted to “split” fine let them walk, F1 would replace them whilst Ferrari would do what? They are built on their name in F1 not the other way around
@@christiansimmons630 they do sell cars you know? If Ferrari walk a good chunk of viewership would follow. It would be like removing Monaco.
To all those who think Ferrari has a unfair advantage just look at what happened to endurance racing when Ferrari announced they are competing in the LeMans LMH class.
For those of us wanting to start following the sport, please tell us. Thank you sir
Ya pls
@@generalkenobi5173 became a F1 fan after watching drive to survive
I guess most of the commenters started watching recently especially after watching DTS. At one point F1 was synonymous with Ferrari. They deserved that, if big team like Mercedes or Red Bull don't have any issue over loyalty then why should F1 take your comments. Ferrari is the only factory team since the beginning, no other team being closed to them. McLaren or Williams are 2 legacy teams but they are not a factory team. At this point Ferrari is more like a legendary legacy team than anything else.
I feel like Williams should get a 5% aswell for being a long standing legacy team :/ 🤷♂️
Ferrari deserve it. They’re the OG’s
The Ferrari pay out is ridiculous
f1 is ferrari, so tell me where is the problem
@@waltergreen3691 no it isn’t. F1 is F1, it is way bigger than Ferrari. I don’t care if any one team isn’t there and new viewers definitely don’t.
@@eleyckiGo on, tell me a more influential identity than Ferrari in Formula 1. I’ll wait.
Yes in real racing 3
If only ferrari could get an engine without problems
ferrari getting the pension 😂😂
The cap needs expansion for a 11th team
How do they share it? Extremely reluctantly it seems in light of their position on Andretti wanting to join.
So, if Ferrari took 1st, they would get about 24% or 256,320,000
Ahhh thats why Ferrari always chill cuz they get the money anyway
I see why Toto Wolff is against Andretti joining: $$$
Ferrari is just ferrari
And yet Ferrari has gone now 14 years without winning one of the titles!!
Money can't buy titles, ask Toyota
Does Williams also get that Historic pay?
0:32 shouldn't Renault/ Alpine be in this list?
00:02
Alpine?
Ferrari still can’t buy a good strategist😂
Lol, Italians collecting tax just because never gets old
To be fair, Ferrari fans make up a significant portion of F1 views. F1 knows they need Ferrari on board, more than any other team, so they redistribute a fraction of the amount they gain in recognition of that. Except they can't call it "fan-service revenue" or "tifosi benefits", so they hide under the "historical significance" thing, even though many other teams can boast lineage
Many teams can boast lineage, but not to the extent of Ferrari. Taking into consideration the entire existence of Formula 1, Ferrari is undeniably the single most important and successful team in the sport.
@@cockadoodledoowhoareyou2616 Agreed. It's a shame it overshadows some teams who were more innovative (Renault, Lotus, Brabham, Mercedes, Williams), but on the face of it no team can measure up to Ferrari's legacy.
The legacy payment is bullshit. And so is the top 3 payment. It’s just another way for the wealthier teams to keep their advantage. Should be dissolved or reallocated to a bankruptcy fund. Idk, just seems wrong to me.
Maybe they could use the extra money to add teams to the grid. F1 is very closed off these days. While it is understandable that we can’t have teams coming and going like it’s 1975, it would be nice to see more teams taking part.
Liberty is the problem, they take more than all the teams combined, because they were allowed to buy stolen property.
Ferrarri recieves 5% because at one point ferrarri was going to leave F1 and start there own racing series.
The 5% historical payment for Ferrari is a joke!! I think the other teams should protest it!
The other teams, the ones that existed at the time anyway, agreed to it. All the teams that joined since the agreement then also agreed to it in order to join.
Im not even a Ferarri fan but I don't see any issue with giving the only legacy team left in F1 a little extra for their loyalty and longevity.
Imagine F1 without Ferrari.
I do. It about the same percentage point difference as finishing 1st vs finishing 7th. That’s absurd.
@@groundedgaming I just did. A bad sport, I can't get the entertainment of laughing at the strategic blunders of Ferrari.
Wouldn't Ferrari just veto the 5% decision if the others protested?
Honestly the 5% Ferrari thing should end. Line up another team - then when they threaten to leave…. Let them.
It’s 2023 now, not 1953.
The rest of the % I personally don’t have an issue with.
Sure buddy, if Ferrari leave, F1 can say goodbye to almost half his fanbase.
Ever seen half track covered in red by the fanbase? No? Probably you are one of the new fans bringed in by that fake show of drive to survive.
Older F1 fans knows what Ferrari means to F1, and what F1 means to Ferrari.
Keep in mind if Ferrari wanna leave probably it will create is own championship and many if not all of the current F1 teams will join them... Ever heard of GP1 project??
And to be fair that project made by F1 teams and Ferrari was probably the biggest ideator of that series was more fair to every team compared to actual F1.
So even considering Ferrari has unfair behaviour it's completely non sense.
You and everyone who thinks if Ferrari leave, F1 will survive, must study a lot more of F1 history.
I really wanna see if Ferrari create his own series, which series will survive :D my money is on Ferrari series.
Ferrari still get more money but still cant turn it into a championship winning car. Lmao
So Ferrari gets 50,000,000 a year just for existing in F1 for so long not even including everything else.
Yet still can’t figure out there tires
So I’m other words Ferrari gets all this extra stuff and still can’t get it together
why Ferrari still comes out ahead?
THIS is the most equal they’ve had? y’all should try standup cuz that HAS to be a joke 😂😂
Why doesnt McLaren get the same treatment?
Maybe they are not a factory team?
Ferarri getting a guaranteed percentage is like Disney getting tax breaks in florida
Ferrari is like the Manchester United in EPL for F1
Its not fair
So even if Ferrari came tenth they would still get 11%
So Ferrari still comes out ahead but can’t with the Championship?
The FIA is disgusting for giving ferrari an automatic 10th position payout. There are other historical teams, why is ferrari so special?
Another reason to laugh at Ferrari performance in the last decade
History, whatever. If it's a true sport you don't hand a team an advantage.
Tbh it seems rly unfair but at the same time if they stopped paying Ferrari extra there’s less incentive for them to keep racing and f1 is nothing w out ferrari
Bullshit.
Its better off without them
I think that heritage money makes Ferrari too weak. Take it away and they'll win a title
Unpopular Opinion: In modern day F1 Ferrari's heritage adds nothing. It has never really been a revolutionary inovative team. It's meaningless to give them special treatment
WAIT WHY DOES ONLY FERRARI GETS THAT WHY NOT MCLAREN
you are funny, so fucking funny
then why the heck is williams so bad
Common guys, stop clogging up our feed with crappy portrait ticktock reels. UA-cam is a full size HD+ landscape platform for quality productions and not the place for this nonsense. Be better.
F1 is not about racing at all.
People need to understand. For non F1 fanatics, Ferrari is F1 and F1 is Ferrari. Thats how synonymous they are. And History shows the same thing. They deserve that special money
I kinda think its fair that Ferarri, the only team that has stuck around long term, gets a little bonus just for that.
Bullshit
Lol a little $50 million bonus for showing up
McLaren still suck dang it ⛳
Mafia
isn't 9>1? aren't there democracy in f1?
Ferrari gets the most money and still can’t win a championship to save its life
…and that’s why Ferrari keeps fucking itself. When you get shit handed to you then you are as organised as a government department.
That's why they don't want Andretti Cadillac to join. Too damn greedy
Give me 10% of your paycheck for the rest of your life, or are you too damn greedy?
@@byanymeansnecessary9329 its prize money, you have to earn it dude
@@hkdxforsaken the teams have earned their spot in F1(and prize money), Andretti should have to pay them to get in DUDE
@@byanymeansnecessary9329 yes they will, they have the joining fee. They have met every criteria to join, it's the F1 teams and shareholders being greedy
@@hkdxforsaken the $200M fee is not high enough it should be at least $400M
Goddamn I hate Ferrari.
They should distribute more to the lower ranked teams
And still they lose! 🙄
So Ferrari gets money for being an old horse?
And they still can't spend it properly
😂 so ferrari gets respect money because they’re the oldest, but they still suck.
I think prize money should be fixed to curb greediness of existing teams (not allowing new teams to join). For example, if the cost cap was at 130M, team in the last place would get 130-135M, but all the teams above would get +5 per position.
This would curb risk of bankruptcy and greediness.
There's not enough money for that. Not even close.
@@R4M_Tommy
Lower the cost cap so you can lower the prize money, problem solved.
@@abrasive_ideas first of all, this would cause low finishing teams to never be able to catch up and only spread the field out further…
@@mchouseboat3405
Fine, everyone gets only 140M, it's all about fame from winning that championship. Or how about, reverse pay, last team gets 150M and first gets 140M?
@@abrasive_ideas reverse pay is awful for obvious reasons, teams already get a fine for every point they score. Equal pay is unaffordable unless you lower the pay quote a bit. But sponsors, investors and team owners won’t find it worth it then. Obviously team owners are also in it for the money… in what sport is that not the case