P1racenews AI automatic summary:
Liberty Media’s prize money for F1 would see Ferrari but not Lewis Hamilton get paid for winning world championships
If Ferrari manages to win both world championships this year, it will be a cause for massive celebration at the team, something they haven’t achieved since 2007. Despite their illustrious history, Ferrari has faced a significant drought in winning world titles, marking their longest period without a championship victory since the inception of the F1 championship in 1950. While fans may emphasize the drivers’ title, within the F1 paddock, the constructors’ championship holds paramount importance for the teams, as it carries greater financial incentives and prestige. Winning the constructors’ championship could bring Ferrari over $275 million in total prize money, showcasing the significance of team success in the sport.
