Revealed: Formula 1 team payments for 2017

Ferrari's drop to third place in the constructors' championship last year did not stop the Maranello squad from maintaining its place as Formula 1's top commercial rights earner, Motorsport.com can reveal.

Revealed: Formula 1 team payments for 2017

At the start of each season, Formula One Management projects revenues from three streams - hosting fees, media rights and other income avenues, such as hospitality and trackside sponsorship.

FOM's 2016 turnover is estimated at $1.83bn, with underlying revenues estimated at $1.38bn.

It then distributes approximately 68 percent of projected underlying revenues among the qualifying teams.

That figure of $940m is 3.5 percent down on last year's figure due to anticipated increases in marketing costs in line with FOM owner Liberty's plans for the sport, and a reduction in the number of grands prix from 21 to 20.

Revenues are distributed across the 10 teams through nine monthly payments from April, with a final “check” payment - when definitive revenues have been calculated – in March 2018. 

The amount each team receives is based on a series of factors, including performance over the course of the season, past success and special agreements.

The table below, sourced by Motorsport.com, details how revenues are disproportionately distributed.

2016 FOM team earnings in $m – disbursed over 10 instalments during 2017, in order of payout*

Team  Col 1  Col 2  Col 1+2  LST** CCB***  Other  Total  2016 ±  2016 Class
 Ferrari  36  41 (13%)  77  68  35    180  -9%  3
 Mercedes   36  61 (19%)  97    39  35  171  -  1
 Red Bull   36  52 (16%)  88    39  35  161  +12%  2
 McLaren   36  31 (9%)  67    30    97  +18%  6
 Williams   36  33 (10%)  69       10****  79  -9%  5
 Force India   36  36 (11%)  72        72  +7%  4
 Toro Rosso   36  23 (7%)  59        59  +3%  7
 Renault   36  16 (5%)  52        52  -19%  9
 Sauber   36  13 (4%)  49        49  -10%  10
 Haas  *****    19 (6%)  19        19  -  8
 Total  324,5  324,5  649  68  143  80 940   965 (-3,5%)  

Column 1 payments are calculated based on a team's classification over two of the past three years, while Column 2 payments are based solely on a team's 2016 classification, with only the top 10 qualifying.

The Column 1 pot is divided equally among all qualifying teams, with each estimated to earn $36m.

Had Manor survived, that figure would have been $32.5, $1m down on the previous season, but following the outfit's closure, its payment was shared equally with the other nine qualifying teams.

As Haas has only completed one season, it does not qualify for Column 1 payments.

Column 2 is calculated on a sliding scale from first to 10th place with first receiving 19 percent of the fund, sixth nine percent and 10th four percent.

Ferrari, Mercedes, Red Bull and McLaren have agreed separate deals for constructors' championship bonus payments. Ferrari also receives a long-standing team payment while Williams collects a heritage payment.

Red Bull receives an extra payment for being the first team to sign the current bi-lateral agreement, which runs to 2020, and this totals $35m.

After meeting its agreed target of two world championships, Mercedes earns a special annual payment that matches Red Bull's.

Ferrari will receive $180m in total, representing almost one fifth of the total 'pot' but $12m less than last year.

That's $108m more than Force India receives, despite the latter finishing just one place adrift in the constructors' championship. Mercedes won both the drivers' and constructors' championships for the third successive year, but still received $9m less than Ferrari.

Force India and Williams both finished ahead of McLaren in the standings, but each receive less courtesy of McLaren's CCB payment.

If the pot was shared out equally, each team would get $94m. That would leave Ferrari's payment down by $86m while Sauber, the final team to qualify for Column 1 and 2 payments, would receive an extra $45m.

Motorsport.com contacted FOM, which refused to comment on the revenues.

Key:

* Figures rounded off for simplicity

** Long Standing Team

*** Championship Constructor Bonus (double champions)

**** Heritage Bonus

***** Haas does not qualify for Col 1 income until after second season (2017)

shares
comments
Haas to stick with Brembo brakes for Spanish GP

Previous article

Haas to stick with Brembo brakes for Spanish GP

Next article

1978 Canadian GP - Stunning home victory for Gilles Villeneuve

1978 Canadian GP - Stunning home victory for Gilles Villeneuve
Load comments

About this article

Series Formula 1
Author Dieter Rencken
Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Prime

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his teammate's excellent form. Yet both he and the team have good reason to expect a turnaround soon.

What needs to “change” for Red Bull is ending Verstappen’s errors Prime

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight.

Formula 1
May 5, 2021
The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix Prime

The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix

Red Bull's Portuguese Grand Prix fortunes were decidedly second best to Mercedes', but the result skews the potential that the team had at Portimao. With a new set of updates, the team looks good going forward into the rest of 2021's spicy F1 competition

Formula 1
May 3, 2021
Portuguese Grand Prix driver ratings Prime

Portuguese Grand Prix driver ratings

The 2021 Portuguese GP will for several drivers go down as a weekend of missed opportunities amid imperfect track conditions that caused struggles with tyre warm-up. But the performances of a select few stood out from the crowd

Formula 1
May 3, 2021
The five key tests Hamilton passed to claim Portugal victory Prime

The five key tests Hamilton passed to claim Portugal victory

Just as he did in 2020, Lewis Hamilton had to come from behind to win the 2021 Portuguese Grand Prix. Only this time there were two rivals he had to pass, among the several challenges he had to overcome, on his way to securing a 97th grand prix victory

Formula 1
May 3, 2021
Imola 1994: Memories from Ayrton Senna’s F1 rivals Prime

Imola 1994: Memories from Ayrton Senna’s F1 rivals

The tragic events of the 1994 San Marino Grand Prix changed Formula 1 forever. Here, 17 of the drivers who took part explain how they coped with the devastating deaths of Roland Ratzenberger and Ayrton Senna.

Formula 1
May 1, 2021
The data that leaves both Red Bull, Mercedes uncertain of supremacy Prime

The data that leaves both Red Bull, Mercedes uncertain of supremacy

Lewis Hamilton topped the crucial FP2 session on Friday as F1 returned to Portugal, but his Mercedes team cannot be sure it has the edge on its Red Bull rivals. As cool temperatures and wind combine with the still-slippery surface to present drivers with quandaries over set-up and tyre warmup, there's still everything to play for come qualifying.

Formula 1
May 1, 2021
How in-form Norris is staking his claim as Britain's next F1 champion Prime

How in-form Norris is staking his claim as Britain's next F1 champion

As a highly-rated Mercedes junior, George Russell is naturally billed as Lewis Hamilton's heir apparent where Britain's next Formula 1 champion is concerned. But he may face competition for that accolade from Lando Norris, fresh from a confidence-boosting run to third at Imola whose rise is being accelerated by his McLaren team’s revival

Formula 1
Apr 29, 2021