Formula 1 has revealed its blueprint for major changes in 2021, but those well-intentioned plans could all fall flat if it fails to fix the way it distributes prize money among the teams. The current contracts between F1 and the teams were agreed with Bernie Ecclestone, at a time when he needed to do whatever it took to get long-term commitments from the main players. The result was a disproportionate amount of money being paid out to the most important teams, which has created an imbalance that now plays out on the track. This video explains how the current system works, and it’s pretty clear to see why it needs to change .
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48 comments
Interesting that extra Ferrari payment. Because I remember several years ago that Ferrari also was able to negotiate the ability to bring 10% more supplies to fly away races than any other team. Ferrari has always held a special place in F1.
I didn’t know Ferrari got a payment just for existing for so long!!! Isn’t that even more reason NOT to get the payout—you’ve been here long enough, so you should have this whole thing figured out
Should be the other way round almost?
It's unbelievable they make us believe that they're trying to balance things out by limiting testing or simulator hours and then all this unfair distribution is in place.
Honestly I dont think that Ferrari or Williams really are nessesary to have in F1. The main thing with those is the currently exsiting fans, but as time progresses they will be less and less important to the sport and soon you wont need to pay ferrari just because you are scared they might leave. Atm mercedes, redbull and mclaren make up the majority of the new fans.
Yeah yeah yeah but how much????
Thank God lawyers don’t race the cars too. We’d have no idea who won.
Only two columns are good.. the first and the second. Rest is pure bullshit. Ferrari is most bullcrap team in the sport right now.. Thats why I hate them.
Fuck everything and just pay the teams by their constructer standing.
Ferrari has the highest fund but still can't give vettel a pure performanced competitive car.
So F1 is just a nepotistic, culturally retarded anti-sport with lipstick.
Well this is just ridiculous – to sum things up the large team making the most credible threats to leave gets the most „insert bullshit payment name here“ money
Bernie Ecclestone was a moron. The sport is much better off to be out from under him. What a monumental…
I was a Ferrari fan for decades. Then you see them cheat and the corruption and how can anyone support the tifosi after seeing this.
Ferrari is fat and we'll see if they're still lazy.
Sounds like they have the same integrity as the Olympic Committee.
ferrari sucks they cheat and steal and they still lose
The fact that Ferrari earns so MUCH and still made a car slower than the fricking 2016 mclaren Honda car just shows you how much they have changed from champions to laughingstock
Simple answer… They eat the money
This is corrupt AF
no wonder Mercedes and redbull takes all that money , all dicksuckers on there , its about the money not about the passion to drive.. like every sport , Look at MMA all bout the $$$$$$$
HAAS??? Last time I checked that was a vacuum cleaner company
This makes no sense. How about just reduce the entry fee.
For every year that Ferrari fails to score at least 2 wins, the extra money should be distributed to the other teams as a penalty for failing our "legacy".
To whom keep saying it's not fair that Ferrari get a bonus: ferrari was there since the dawn of f1. Ferrari is the link to f1 heritage, if you need a benchmark you have to look for Ferrari. That's how you can compare nowdays f1 things to the past,by looking at ferrari history. That's an hard committment (they compet even in black financial times). That's why they pay ferrari so much, they're the past,the present and the future of f1
The whole system is stupid, why don't they divide the spoils evenly between all the teams and you'll get far more competitive results all round
What are the 2 different Red Bull Teams supposed to mean, why are there two?
F1 DoNt NeEd FeRrArI
I fully agree with every element of the current funding arrangements.
How is this competitive? The bigger teams keeps on getting better and the lower teams have no scope for improvement. The gap between the top and bottom teams gets bigger
Formula 1 is dying, it needs to return to its roots,
guys Why lamborghinis not joining F1??
So Ferrari gets by far the most money and sometimes even fights against teams that get the least of all. Good Job there.
This video is downright misleading. It does not talk about the money that goes to Liberty (and CVC before), nor explain why it goes there in the first place. it does not talk about the corrupt collusion between Ecclestone and Moseley, and how the rights to the F1 brand were sold first, and for a unacceptably low figure second.
The point is that these payouts to these teams are only proportionate to the share of the brand these teams represent. It has very little to do with performance and more to do with the number of fans and market share each team represents.
They are simply and indication of how much Liberty Media is willing to pay the teams to stop them from leaving, and therefore devaluating the brand and reducing the money that goes into Liberty Media's pockets.
Why don't we start from that? Because the British press is colluded too? Because it is still trying to deal with the shame that Ecclestone and Mosely brought to the sport? The duo made Balestre look like a saint.
Ready to have a debate if anyone has the balls.
The dodgy engine deal cut between merc and bernie to stop merc walking away is what has led to the least competitive period in the history of the sport.
F1 hangs by a thread. Ferrari walking away would be the end.
Maybe Lewis Hamilton should pay tax? https://www.theguardian.com/news/2017/nov/06/lewis-hamilton-avoided-taxes-jet-isle-of-man-scheme-paradise-papers
What is this nonsense
They need to reverse pay teams. Worst team should take the most money to invest in their car and be competitive. That would make f1 great again
giving the most to the already best performing teams has always lead to miserable competition. in any sport.
The problem with this is that MONEY is what makes you go fast. It is not really like say…pure athletics. Paying Lebron James more $ does not make him run faster, jump higher, shoot better. But in motorsports, this is exactly what money does. Money pays for Engineering, Simulation and testing…which directly translates to speed on the track. If you want to manage the overall product, and have competitive racing, you have to flatten the payouts.
This is such a joke. Level the playing field and bring back the V8s!
F1 is the last bastion of the Roman Empire…and Brutus is an honorable man!
Came back here after McLaren placed 3rd in the Constructor’s Championship 🙂
All this money and ferrari still built a tractor
But How does Formula 1 group get this money from?
This is why i watch Motogp more than F1 because motogp was more on the rider than the motorcycle than F1 that depends on the car they drive
The real problem is that F1 is shelling out EXTRA CASH to try to keep teams long term. Right now, the power balance is in the hands of the race teams. F1 needs to restructure themselves to make them much more approachable and attractive to new teams so that there is a very long list of teams begging to be a part of F1. That way if a team does not want to be a part of F1 then fine, there are several other teams that would bid for their spot. Honestly, Ferrari will be a F1 participant for as long as they can even if it loses them money. There is no need to pay money for long contracts.
Also, it would help if teams could actually make a profit from chasing the constructor's championship. Mercedes, Ferrari, and RedBull lose millions every year chasing the constructor’s championship. however, they just write if off as advertising expense. The other teams either lose money, break even, or maybe barley make a profit. Right now there is no way to win the constructors championship AND make money directly from F1 racing. If the costs of winning a constructor’s championship were lower than the F1 payouts, there would be a lot of teams wanting to be a part of F1.
It's shit that a race track needs to not only pay to host F1, but barely breaks even on the events. Really does take the piss. F1 for many years was about privateers, cash-strapped boys with dreams. I know it's not been like that for a long time, I know F1 isn't the place to do that now, but my god I wish they brought some of that back. And I want to see more cars on the grid.