PARIS: Italian manufacturer Ferrari will receive more money than any other team in Formula One for 2015 despite finishing second in the championship to Mercedes, British magazine Autosport reported on Thursday (Friday in Manila).
The 2015 total payout was $965 million and this will be distributed across 10 teams with Ferrari leading the way ahead of the reigning double world champions.
Formula One Management (FOM) collates revenues from hosting fees, media rights, trackside sponsorship and hospitality with the teams receiving nine monthly payments with a final payment due in early 2017 when definitive revenues have been calculated.
Ferrari will earn an estimated $192 million – $33 million more than last year – almost 20 percent of the total of which $105 million was bonuses.
Mercedes won 16 grands prix, including 13 one-twos, compared to Ferrari’s three wins but earned just 17.7 percent of the total fund with $171 million – $74 million consisting of bonuses.
Red Bull received $144 million to the $87 million earned by third-placed Williams, which finished ahead of it in the 2015 constructors’ standings.
Frank Williams’s team will receive less than half of Ferrari’s total despite finishing just one place adrift in the championship.
McLaren, which finished ninth, receives a projected $82 million, while fifth-placed Force India earned $67 million, a situation that has lead to the team’s complaint to the European Commission over unfair competition.
Formula One commercial ringmaster Bernie Ecclestone admitted in Bahrain there had been “conversations” with the European Commission over complaints filed by Force India and Sauber, which placed eighth ahead of McLaren, yet receives just $54 million.
At $965 million, the teams’ total payout is 9.0 percent up on last to year’s total of $883 million despite there being the same number of rounds or 10.
FOM’s 2015 turnover is estimated at $1.9 billion, with underlying revenues estimated at $1.4 billion.
F1 commercial revenues for 2015 (world championship rankings in brackets) is as follows: 1. Scuderia Ferrari, $192 million (2); 2. Mercedes-AMG, $171 million (1); 3. Red Bull Racing, $144 million (4); 4. Williams F1, $87 million; 5. McLaren-Honda, $82 milion (9); 6. Force India, $67 million (5); 7. Renault (ex-Lotus), $64 million (6); 8. Scuderia Toro Rosso, $57 million (7); 9. Sauber F1, $54 million (8); and 10. Manor Racing, $47 million (10).