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here’s how much Ferrari’s second place cost

Dezember 21, 2024
in Racing
Reading Time: 3 mins read
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The 2024 Constructors’ Championship was determined within the closing race of the 12 months, with McLaren and Ferrari battling till the checkered flag. The British workforce arrived at Yas Marina with a 21-point lead over their rivals, and regardless of Oscar Piastri being taken out by Max Verstappen on the first nook, the second and third locations secured by the Ferrari drivers weren’t sufficient to overhaul the “papayas,” who triumphed due to Lando Norris’s victory.

This was the 67th Constructors’ Championship. Established in 1958, eight years after the class’s inception, it was launched to acknowledge not solely drivers but in addition the producers and designers of the vehicles.

The workforce with essentially the most Constructors’ Championships in historical past is Ferrari, adopted by McLaren, Williams, and Mercedes. Crimson Bull, then again, is barely in sixth place. Under is the official rating.

For drivers, excelling of their particular person championship is paramount, however each workforce aspires to win the Constructors’ Championship, not just for the benefit it supplies the next 12 months but in addition as a result of the title comes with a better financial reward. Whereas the precise distribution of prize cash in F1 is confidential, a dependable estimate may be made primarily based on publicly obtainable data.

In response to the Concorde Settlement, the contract governing the championship, the prize pool for groups equals 50% of F1’s business rights income. Nevertheless, groups don’t all the time obtain the total 50%, as past a sure income threshold, System 1 administration’s share proportion will increase. For instance, in 2022, F1 generated $2.57 billion in income, with a prize pool of $1.157 billion, roughly 45%.

Moreover, funds will not be distributed equally: Ferrari, as an illustration, receives an additional cost of about 5% on account of its historic significance, having participated in each season since F1’s debut in 1950. There are additionally bonuses for previous successes, equivalent to championship wins, with estimates suggesting bonus funds account for about 25% of the pool, leaving the remaining sum for different groups.

Based mostly on these estimates and final 12 months’s knowledge, the 14-point distinction that price Ferrari the championship disadvantaged the Maranello workforce of an extra $9 million to make use of subsequent season. Nevertheless, wanting on the optimistic aspect of ending second general, this rating not solely determines the prize cash but in addition the wind tunnel time allotted to every workforce. The nearer a workforce is to the highest of the standings, the much less time they’ve obtainable for automobile improvement. Subsequently, Ferrari can have extra wind tunnel time than Andrea Stella‘s workforce, permitting them to arrange for 2025 with even higher willpower.

Dec 21, 2024Maria Lombardi

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