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25 Dec 2002, 06:00 (Ref:457119)
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Racer
Join Date: Aug 2002
Posts: 197
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How is prize money awarded in F1?
I read from the latest issue of the Autosport that by virtue of Joran's run to sixth in the Constructors' Championship by Sato's fifth in Suzuka, leapfrogging Jaguar in the process, it gets an extra 1.5M Pounds. Would anyone know the award of prize money in F1? Thanks
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25 Dec 2002, 11:20 (Ref:457167)
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Veteran
Join Date: Mar 2001
Posts: 851
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I don't think anyone knows really. Bit of a closely guarded secret. But it's all done very complicatedly!
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27 Dec 2002, 01:44 (Ref:457920)
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#3 | ||
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Racer
Join Date: Mar 2001
Posts: 194
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Yup, it's all according to the Concorde Agreement, which is only supposed to be available to the FIA and the teams. So unless someone here starts a team, we may never know.
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27 Dec 2002, 12:48 (Ref:458131)
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#4 | |
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Racer
Join Date: Apr 2001
Posts: 164
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I think it is devided up in such a way as to reflect performance throughout the week-end - ie a percentage for grid position, a percentage for race position after X and then Y and Z laps and so on. This means that if a team does well in practice and the race but doesn't finish they at least go away with something. I don't think the prize money is all that special when compared to the commercial sponsorship.
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27 Dec 2002, 13:02 (Ref:458144)
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#5 | |
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Veteran
Join Date: Oct 2002
Posts: 7,979
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I once heard that a top team get's about 30M Dollars prize money, but that was some time ago. (1997 or 98 IIRC)
Could be wrong though, can't remember where i got it from. |
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27 Dec 2002, 13:10 (Ref:458150)
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#6 | |
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Veteran
Join Date: Apr 2002
Posts: 1,537
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Bernie gets 51%
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27 Dec 2002, 13:16 (Ref:458156)
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Veteran
Join Date: Dec 2001
Posts: 13,211
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Quote:
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__________________
That's so frickin uncool man!
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27 Dec 2002, 18:25 (Ref:458310)
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#8 | |||
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14th
1% Club
Join Date: Jul 2001
Posts: 44,196
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Quote:
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__________________
Brum brum
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27 Dec 2002, 18:29 (Ref:458313)
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Llama Assassin and Sheep Botherer
Veteran
Join Date: Sep 2002
Posts: 4,212
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27 Dec 2002, 18:30 (Ref:458314)
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#10 | ||
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14th
1% Club
Join Date: Jul 2001
Posts: 44,196
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__________________
Brum brum
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27 Dec 2002, 22:21 (Ref:458456)
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#11 | ||
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Racer
Join Date: Sep 2002
Posts: 459
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Its not really a big secret. I dont have the formula on me right now but I know the money is divided between the teams based on points, WMC standings, and other performance variables.
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__________________
"What's the point? We have no power. Are we going to put 'Loser' on the sidepod for a sponsor?" - John Menard
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28 Dec 2002, 00:16 (Ref:458548)
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#12 | ||
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Veteran
Join Date: Feb 2002
Posts: 5,602
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Quote:
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__________________
MOTOR RACING ...The general idea is that the driver behind uses all his Skills, Tricks and Courage to try and overtake the guy ( or Girl ) in front !
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