F1 earnings in 2024: $1.2 billion for teams, Ferrari tops with $242 million
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Teams Share the Prize
With the publication of the 2024 financial results of Formula One Group, Liberty Media also disclosed the amount allocated to the teams, distributed through the well-known mixed mechanism combining percentages based on last season's track results, historical achievements, and special bonuses. Teams will receive a total of $1.2 billion, a 4% increase compared to the previous year. The discrepancy with F1’s overall 9% revenue growth is due to the fact that as revenues increase, the share for the rights holders becomes larger.
Ferrari in Pole Position
As reported by Auto, Motor und Sport, Ferrari will take home $242 million, more than any other team. The Maranello squad reaches this figure with $137 million in seasonal prizes, $28 million in historical bonuses, and an extra $77 million for its special status. Compared to last year, the Prancing Horse secures $34 million more.
The highest percentage increase compared to 2024 belongs to McLaren (+51%), reaching $168 million thanks to its Constructors’ Championship victory. Red Bull ranks third with $152 million, followed by Mercedes with $151 million—both seeing a decline due to their lower standings. Alpine places fifth with $110 million, Aston Martin sixth with $106 million, while Haas and Williams share seventh place with $90 million each. Racing Bulls is ninth with $84 million, and Sauber rounds out the list in tenth place with $74 million.
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