Ferrari in line for bumper F1 payout

Wed Apr 6, 2016 3:09pm EDT
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By Alan Baldwin

LONDON (Reuters) - Ferrari will be paid much more than any other Formula One team this year despite finishing runners-up to world champions Mercedes last season, according to figures published on Wednesday., which said it obtained projected payment details at least weekend's Bahrain Grand Prix, said Ferrari was in line to receive $192 million -- a 17 percent increase on 2015.

The figures have not been published by Formula One Management.

The Italian glamor team, the only ones to have been in the championship since it started in 1950 and the most successful, are alone in getting $70 million as a reward for their long-standing contribution.

Mercedes, winners of both constructor and driver championships for the past two seasons and of 34 of the past 40 races, will get $171 million and third-placed Williams a mere $87 million.

Red Bull, fourth in 2015, can expect $144 million thanks to two other significant negotiated payments of $35 million and $39 million -- the latter a constructors' championship bonus for their four successive titles between 2010 and 2013.

The figures indicated that McLaren, who endured their worst season in 2015 and finished ninth overall, will still receive $82 million thanks to a $32 million constructors' bonus.

In contrast, struggling Sauber finished eighth but get 'only' $54 million.   Continued...

Formula One - Bahrain F1 Grand Prix - Sakhir, Bahrain - 02/04/16 - Ferrari F1 driver, Sebastian Vettel of Germany drives during qualifying session for Bahrain F1 GP. REUTERS/Hamad I Mohammed