Placing higher in the championship this season means more cash for next season. Right now in 2020, teams are being paid for their placement in the 2019 season, for instance. Teams are paid their prize money based on their place in the championship the prior year. Where does that money come from? There are four major sources: Prize money I also spoke to Christian to talk about the money in F1 earlier this year on the F1 Explained podcast. Christian Sylt of Formula Money has written extensively about the money in Formula 1 and broke down Red Bull’s junior team - Alpha Tauri (formerly Toro Rosso) in an article at Forbes. The joke goes, “How do you make a small fortune in Formula 1? You start with a large fortune.” Teams will spend, on average, a mind-bending $10,000,000 to go one-tenth of a second faster. There are also a few key things that affect Formula One speed that every team must consider to get the fastest car they can, but it really all comes down to money. You can go just as fast as you were the prior weekend, but if other teams are lapping faster, you are now, relatively, slower. Speed in Formula 1 is a relative comparison.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |