Dividing Up The Pot Formula One Style

This year the Formula One Body will be forking out $1004 Million and Ferrari will be guaranteed the highest no matter where they finish. This doesn't seem fair and trust me it is confusing to who came up with this system book for payments and smacks of an old boys club over cigars and plenty of booze to come up with this system.

Bear with me as this doesn't make sense but they are all going along with it. No wonder there was a threat of a new Championship with a new governing body years ago.
x1pctur3fr.jpg
source

The first column is an easy one as it is revenue equally divided amongst the teams gained from major sponsors and tV rights etc. The second column is the position the team finished the season before paid out on a sliding scale.

The third column is for Ferrari being involved since the 1950's and is a loyalty bonus. The next column makes me laugh as it is a Constructors Bonus that was made up in 2012 and is basically made up of how the teams performed over the previous 4 championships from 2008 -2012. This is only paid out to the top 4 teams from that time frame and is guaranteed each year no matter how they perform this season or next season.

Mc Laren and Williams haven't been doing too well of late yet they still get some nice bonuses along with Red Bull for being who they are and what they add to the sport. Mercedes despite dominating over the last few years will still receive around $28 Million this year less than Ferrari.

Does this make sense to a normal person? Not at all and it is like an old boys club living in the past. I understand having to look after the teams as without them there isn't any racing, but a fair way of dividing the pot surely must be found at some point.

Sort:  

Suppose it is a motivation for teams to stick it out for a few years

Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

I seriously never realized there was such a huge formula 1 following outside of the Indy 500. Does that race even get figured in to the other contests? I used to watch it when I was a little kid but mostly just for the crashes.

Posted using Partiko Android

Coin Marketplace

STEEM 0.29
TRX 0.11
JST 0.033
BTC 63945.57
ETH 3135.76
USDT 1.00
SBD 4.00