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If the question is "What is the prize money paid to a Formula 1 winner?", the strict answer is "none". Drivers sign a contract with their team at the beginning of a season and this lays out the financial terms. It is not just a flat rate salary but includes bonuses for final race position, practice results and final championship placing of both the driver and team. Most drivers at this level have their own companies and the contract with the race team is just one part of their income. In addition to this, they might have contracts with other sponsors, television and media work and appearance deals. Out of this income, a driver is likely to pay for travel, staffing of a small office and management fees. Teams take part in F1 on the basis of sponsorship from manufacturers or other interested parties. In addition, they share in an end of season "pot" which is negotiated with the management of F1. The share is mainly dependent on championship position but there are variations on this which, at one end of the spectrum, reward the "superteams" and at the other support the smaller ones.

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15y ago
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14y ago

A total of 9 people from Britain have won the Formula One world championship.

# Jackie Stewart # Jim Clark # Graham Hill # Mike Hawthorn # John Surtees # James Hunt # Nigel Mansell # Damon Hill # Lewis Hamilton

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13y ago

Michael Schumacher has won 91 Grand Prixs.

Ferrari have won 215.

(At the end of the 2010 Formula 1 Season)

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13y ago

depending on how good they were. and things.

The winning team will get about £350,000 each

so its a good pay. :)

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12y ago

trophy and a sports car

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11y ago

$800000

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Q: How much does the winning team get in a formula 1 race?
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