How Will Revenue be Distributed Among F1 Teams in 2017
(Sunday, 14 May 2017)
There comes a point before the start of the new F1 season when the Formula One Management needs to project revenues and plan how they’re going to distribute revenue for all ten qualifying teams this year. That time has now passed and with a projected turnover of $1.83bn for 2017 and underlying revenues set at $1.38bn, it appears there will be around $940m to be distributed among qualifying teams.
Ferrari Will Earn the Most this Year
Even though Ferrari were only able to secure 3rd place in the constructors’ championship in 2016, they’re still going to be the biggest earners with an estimated $180m to be paid over the coming months of this year’s championship. They wouldn’t have earned as much as Red Bull or Mercedes this year but because they get a long-standing club and constructors’ championship bonus, this means they’re going to secure one-fifth of the overall pot.
Mercedes and Red Bull Racing Will Also Earn Well
By winning the players and constructor’s championship last year, Mercedes managed to secure $171m in payouts this year, but even for a 3rd consecutive season as champions, that’s still $9m less than their Ferrari rivals. Red Bull Racing managed to secure a huge $161m payout not only because of their constructor’s championship bonus totalling $39m, but also thanks to a bonus of $35m received because they were the first team to sign the bilateral agreement which runs on until 2020.
McLaren Will Likely Be Happy with What They Receive
McLaren will receive $97m this year, which they will likely be happy with, seeing as they only managed to secure the 6th spot in the championship last year. Williams ($79m) and Force India ($72m) will get less than McLaren even though they both finished above them, and that’s simply because McLaren received a $30m constructor’s championship bonus.
Haas Will be the Lowest Earners this Year
Haas aren’t going to receive a scratch on what the likes of Mercedes and Ferrari will earn this year and will only take a measly $19m. Haas won’t get the same bonus the other teams will receive this year and that’s because they have only completed one season in the constructor’s championship table, whereas the other teams have at least 2-3 years’ experience - for that reason, they will miss out on an extra $36m which all other teams get as standard. Other teams such as Sauber ($49m), Renault ($52m), Toro Rosso ($59m), Force India ($72m) and Williams ($79) will complete the $940m that will be distributed this year.
Who Will Win the Championships this Year?
Mercedes are currently one point ahead of Ferrari at the top of the table in the constructors’ championship, but two wins from Vettel already this year means he and Ferrari sit comfortably at the top of the player’s table. You can’t guarantee to win a bet on either team this year because the likes of Red Bull Racing and co will be following them closely.
It’s clear the bookmakers feel Lewis Hamilton and Mercedes are favoured to win the championship for the 4th time in a row, but as the table is so close and there’s still another 17 races to take place - anything could happen.
What are your views on the championship? Do you think Hamilton will fend off Vettel or will we see a dark horse come along and spoil the party? Have a look at the many UK betting offers to see if you can take advantage of a free bet to give yourself a chance of earning more profit. The Free Bets site provides a list of bonuses and special offers enabling you to bet with much less risk.
It’s easy to see why so many F1 fans don’t feel the distribution of revenue is fair, but when the likes of Ferrari and Mercedes have much higher costs in terms of staff and driver’s wages, along with much higher development and testing costs - you would think it’s the only fair way of FOM distributing the funds.