P1racenews AI automatic summary:
McLaren might have won last year’s F1 constructors’ championship – but it’s only taking home the fourth biggest slice of the prize pool pie
In 2023, McLaren’s victory in the F1 constructors’ championship earned them the top spot in the pitlane at the Australian Grand Prix, bringing significant benefits. However, their success does not guarantee them the highest share of F1’s prize money payments for the year. The prize money distribution is influenced by various factors, including historical significance and past success. Despite their achievements, McLaren will only rank fourth in earnings due to Ferrari’s unique bonuses and payments based on performance over the last decade. While the details of the prize money structure are not public, estimates can be made based on leaked information and overall payments disclosed by the F1 owner, Liberty Media. Ferrari, as F1’s oldest team, receives additional payments reflecting its long-standing presence in the sport, contributing to its substantial earnings and status within the championship.