The curtain will fall on the 2023 season when the chequered flag waves in Abu Dhabi and there are still millions of pounds in prize money to fight for as four key battles reach their conclusion in the Constructors’ Championship.
While the exact details of the current Concorde Agreement – which will stay in effect until the end of the 2025 season – are unknown, it is known that F1’s revenue is divided annually between the prize fund for the constructors and returns for shareholders.
According to a report from Spanish news organisation AS, 23.75 per cent of F1’s profit is handed to the teams as prize money for their finishing position in the Constructors’ Championship.
Under the terms of the eighth Concorde Agreement, the profit prize money distribution was closed in from 20 per cent for the champions and four per cent for the tenth-placed team to 14 per cent for the champions and six per cent for the team finishing bottom of the standings.
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Therefore, in line with 2023 revenue statistics, Red Bull will pick up a prize money reward in the region of £52.50million for claiming the Constructors’ Championship title, while the team that finishes bottom of the standings will pick up around £11.95m for their efforts.
With tens of millions of pounds in prize money still to play for heading into this weekend’s race in Abu Dhabi, there are multiple key battles to keep an eye on in the standings. The headline fight on this front is the battle between Mercedes and Ferrari for P2.
Charles Leclerc’s P2 finish in Las Vegas ensured that Ferrari have closed within just four points of Mercedes heading into the season finale, setting up a mammoth battle between the two legendary constructors in the desert.
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Below those two there is still hope that Aston Martin can beat McLaren to P4. This seemed an impossibility with the momentum McLaren had heading into the triple-header, but a dismal weekend in Las Vegas has blown the door wide open. Andrea Stella’s team hold an 11-point lead ahead of Sunday’s race.
The bottom four positions could all change after the season finale too. Williams lead AlphaTauri by seven points in the battle for P7 following an impressive late-season comeback from the latter. Alfa Romeo find themselves five points further back in P9, while Haas are sat at the bottom of the standings, four points behind their closest rivals.
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