F1 prize money: How much each team will earn from 2023 final standings

With the season finale coming up in Abu Dhabi this end of the week, several millions

The drapery will fall on the 2023 season when the checkered banner waves in Abu Dhabi and there are still large number of pounds in prize cash to battle for as four key fights arrive at their decision in the Constructors’ Title.

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.

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 guaranteed that Ferrari have shut inside only four places of Mercedes heading into the season finale, setting up a mammoth fight between the two unbelievable constructors in the desert.

Beneath those two there is still expectation that Aston Martin can beat McLaren to P4. This appeared to be a difficulty with the force McLaren had heading into the triple-header, yet a grim end of the week in Las Vegas has completely exposed the entryway. Andrea Stella’s group hold a noteworthy lead in front of Sunday’s race.

The last four positions could all change after the season finale as well. Williams lead AlphaTauri by seven in the fight for P7 following a great late-season rebound from the last option. Alfa Romeo find themselves five focuses further back in P9, while Haas are sat at the lower part of the standings, four focuses behind their nearest matches.