F1's billion dollar prize pot: this is how much prize money each team will receive

Although the prize pot in Formula 1 is not made public, it ispossible to make a good estimate based on some financial records.Half of the profits made by F1 are distributed to the teams, withthe Constructors' champions naturally getting the most, beforebeing distributed lower down the ranks. These payouts have beenincreased since the arrival of Liberty Media in 2017, ensuring thatthe money is distributed more fairly in the current ConcordeAgreement. In this article, we are talking purely about prizemoney. There are some other bonuses as well. For example, it iswidely believed that Ferrari gets an extra bonus because they havebeen present in F1 since day one. This is reportedly about 5% ofthe prize pool, which translates to around $50 million a year.Teams that have already been successful in recent years will alsoget an extra bonus. How will all the bonuses be distributed? Lastyear we made the video below with a detailed explanation. Thearticle continues below that. Z7UV0m-_-Qc F1 prize money Under theprevious arrangements, the champions got about 20% of the prizepool, while those who finished 10th got 6%. Nowadays, the championsget about 14% of the pot, while those who are 10th still get 6%.Although the exact payouts are not known, from interviews andanalysis it is still possible to make a good estimate of thisyear's prize money. After paying out all the bonuses, there will beabout a billion dollars in prize money left to distribute to theteams. Red Bull is, of course, the team with the most prize moneyleft over from this season. Max Verstappen single-handedly ensuredthat the title went their way, along with some $140 million inprize money. Haas only collects $60 million with its disappointingseason, in which it finished tenth. The other $800 million is splitas follows. NOTE: Exchange accurate as of 23:54 GMT on date. Viewthe overview of the 2023 F1 prize money below. F1 constructorsprize money 2023