The total prize income of teams of Formula 1 at the end of 2017 amounted to 919 million dollars, according to the annual report of the commercial owners of the world championship.
As expected, amid falling revenues on 1% of participants were missing a certain amount, namely 47 million just so fell the prize income compared to 2016, when F1 was led by Bernie Ecclestone and CVC Capital Partners. Then, the teams received 966 million
The fall of the income of Formula 1 when Liberty Media broke the 10-year record
In Liberty Media communication associated drop in revenue with the departure of two major sponsors, Allianz and UBS, the lack of Grand Prix of Germany and a discount for the organizers of the Brazilian stage.
Prize distributed among ten teams and is usually paid in nine monthly transfers.
Subscribe to our channel in the Telegram!