Jump to content
MCF HangOut X Lexus – 9 May 2024, Lexus Boutique ×

Formula 1 (2017)

Wt_know

By Wt_know,
in Motorsports

 Share

Recommended Posts

Blueray

Blueray

Hypersonic
(edited)

Formula 1 team payments for 2017 revealed

 

 

Ferrari will receive the largest share of revenues allocated for Formula 1 teams despite finishing third in the 2016 constructors' championship, Autosport can reveal.

 

At the start of each season, Formula One Management projects revenues from three streams - hosting fees, media rights and other income avenues, such as hospitality and trackside sponsorship.

 

FOM's 2017 turnover is estimated at $1.83bn, with underlying revenues estimated at $1.38bn.

 

It then distributes approximately 68% of projected underlying revenues among the qualifying teams.

 

That figure of $940m is 3.5% down on last year's figure due to anticipated increases in marketing costs in line with FOM owner Liberty's plans, and a reduction in the number of grands prix from 21 to 20.

 

Revenues are distributed across the 10 teams through nine monthly payments from April, with a final "check" payment - when definitive revenues have been calculated - in March 2018.

 

The amount each team receives is based on a series of factors, including performance over the course of the season, past success and special agreements.

 

.....

http://www.autosport.com/news/report.php/id/129388

 

 

 

post-15968-0-60481000-1494718958_thumb.png

Edited by Blueray
↡ Advertisement
  • Praise 1
Link to post
Share on other sites
Wt_know

Wt_know

Supersonic
  • Author
(edited)

no wonder McLaren still in Formula 1 even though most of the time DNF !!! [laugh]

last year made +18% more money ....

post-7984-0-27233200-1494723081_thumb.png

Edited by Wt_know
Link to post
Share on other sites
Blueray

Blueray

Hypersonic

Carey not expecting to lose Singapore from F1 calendar for 2018

 

 

 

 

Speaking to investors in a conference call, Carey stressed the importance of hosting races in Asia and said he was working hard to ensure that Singapore remained on the calendar for 2018, something he expects to happen. 

 

 

Read more at http://www.crash.net/f1/news/245370/1/carey-not-expecting-to-lose-singapore-from-f1-calendar-for-2018.html#FiPr4JPcaiB5EmIe.99

Link to post
Share on other sites
Wt_know

Wt_know

Supersonic
  • Author
(edited)

Singapore representative should ask for better deal to recover some "carrot" that have been chopped for the past 10 years !!!

or Singapore like to pay the highest amount just like World Cup and EPL/BPL

no pay highest no shiok? [sly]

 

 

Edited by Wt_know
Link to post
Share on other sites
Shibadog

Shibadog

Turbocharged

wah ... the crying boy got a photo op with Kimi ... [thumbsup]

 

yup nice to see that fm the ferrari team and kimi

 

 

 

 

what a race....

  • Praise 1
Link to post
Share on other sites
Yewheng

Yewheng

Twincharged
(edited)

Formula 1 team payments for 2017 revealed

 

 

Ferrari will receive the largest share of revenues allocated for Formula 1 teams despite finishing third in the 2016 constructors' championship, Autosport can reveal.

 

At the start of each season, Formula One Management projects revenues from three streams - hosting fees, media rights and other income avenues, such as hospitality and trackside sponsorship.

 

FOM's 2017 turnover is estimated at $1.83bn, with underlying revenues estimated at $1.38bn.

 

It then distributes approximately 68% of projected underlying revenues among the qualifying teams.

 

That figure of $940m is 3.5% down on last year's figure due to anticipated increases in marketing costs in line with FOM owner Liberty's plans, and a reduction in the number of grands prix from 21 to 20.

 

Revenues are distributed across the 10 teams through nine monthly payments from April, with a final "check" payment - when definitive revenues have been calculated - in March 2018.

 

The amount each team receives is based on a series of factors, including performance over the course of the season, past success and special agreements.

 

.....

http://www.autosport.com/news/report.php/id/129388

​Nowonder Ferrari this season have a big jump in performance and now on par with Mercedes.. They have more funds and can allocate more money in R&D.. haha

Edited by Yewheng
Link to post
Share on other sites
Adrianli

Adrianli

Hypersonic

I think Ferrari screwed up their strategy for this race.

 

Looking at the pre-race commentary, Mercedes has brought in significant upgrades to handle slow speed corners. They looked to be a more balanced car now. With raw engine power and great handling.

 

LH, as always, not very good at launching his car. Same as last season. 

Link to post
Share on other sites
Adrianli

Adrianli

Hypersonic

Bottas is made the scapegoat of the race. Sacrificed himself for the team's victory.

 

They lost constructor points too when Bottas is out. They should have kept Bottas since Kimi already out.

Link to post
Share on other sites
Wt_know

Wt_know

Supersonic
  • Author
(edited)

at least bottas won the trust and respect from the team

in previous race he let hamilton through and now blocking vettel to make hamilton win

if not because of his engine piang ... he could be on the podium too instead of Ricciardo

 

i think the major mistake bottas did was touch kimi and subsequently kimi knock verstappen and both crash out

the biggest contribution in the race was knock 2 rivals out with one touch ... [laugh]

 

Bottas is made the scapegoat of the race. Sacrificed himself for the team's victory.

 

Edited by Wt_know
  • Praise 1
Link to post
Share on other sites
Ichibawa

Ichibawa

5th Gear

at least bottas won the trust and respect from the team

in previous race he let hamilton through and now blocking vettel to make hamilton win

if not because of his engine piang ... he could be on the podium too instead of Ricciardo

 

i think the major mistake bottas did was touch kimi and subsequently kimi knock verstappen and both crash out

the biggest contribution in the race was knock 2 rivals out with one touch ... [laugh]

 

Yeah... at the first corner he was already in the corner and catching Seb, beside Lewis. I wonder why he choose to bail so early before making the turn.

Link to post
Share on other sites
Wt_know

Wt_know

Supersonic
  • Author

Yeah... at the first corner he was already in the corner and catching Seb, beside Lewis. I wonder why he choose to bail so early before making the turn.

he did what is best for the team

instead of risking clash hamilton or seb

better touch kimi and verstappen

↡ Advertisement
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
×
×
  • Create New...