| Horner leaves Red Bull with £52m pay-off on 13:30 - Sep 22 with 1401 views | Basuco |
Looks like his contract to 2030 has been paid in full. Very nice. |  | |  |
| Horner leaves Red Bull with £52m pay-off on 15:26 - Sep 22 with 1107 views | bsw72 |
I didn't realise until today that the F1 spend cap of ~$140M per year, which I thought applied to all staff, but not drivers, does not actually apply to a teams "Top 3" personnel either.
Until then I was thinking that losing that $70M is going to cause some problems for Red Bull . . . |  | | |
| Horner leaves Red Bull with £52m pay-off on 15:36 - Sep 22 with 1061 views | blueasfook |
| Horner leaves Red Bull with £52m pay-off on 15:26 - Sep 22 by bsw72 |
I didn't realise until today that the F1 spend cap of ~$140M per year, which I thought applied to all staff, but not drivers, does not actually apply to a teams "Top 3" personnel either.
Until then I was thinking that losing that $70M is going to cause some problems for Red Bull . . . |
I dont understand F1 really. How do teams make money? I guess its from the advertising sponsorship? and winning races? |  |
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| Horner leaves Red Bull with £52m pay-off on 15:54 - Sep 22 with 987 views | Jon_456 |
| Horner leaves Red Bull with £52m pay-off on 15:36 - Sep 22 by blueasfook |
I dont understand F1 really. How do teams make money? I guess its from the advertising sponsorship? and winning races? |
Predominantly through sponsorship and prize money from F1 itself.
From memory HP’s title sponsorship with Ferrari was worth about £60-70m per year. Teams roughly earn between £50-£100m per year based on final standings. |  | | |
| Horner leaves Red Bull with £52m pay-off on 15:58 - Sep 22 with 969 views | FrimleyBlue |
| Horner leaves Red Bull with £52m pay-off on 15:36 - Sep 22 by blueasfook |
I dont understand F1 really. How do teams make money? I guess its from the advertising sponsorship? and winning races? |
Majority from sponsors, a large amount depending where the team finish in the constructors championship - they get a bigger cut from F1 Themselves, who make their money from TV revenue, attendances at races etc
Then merch sales
There are also some drivers who are well financed themselves and basically bring in cash and known as cash drivers, which lower level teams seem to take on as it helps build the car, stroll for example isn't the best driver but his dad ploughs in loadsa money for aston martin. |  |
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| Horner leaves Red Bull with £52m pay-off on 16:35 - Sep 22 with 861 views | Swansea_Blue |
It’s ok, but nowhere near as lucrative as an Audi side hustle |  |
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| Horner leaves Red Bull with £52m pay-off on 17:10 - Sep 22 with 731 views | tonybied |
| Horner leaves Red Bull with £52m pay-off on 15:58 - Sep 22 by FrimleyBlue |
Majority from sponsors, a large amount depending where the team finish in the constructors championship - they get a bigger cut from F1 Themselves, who make their money from TV revenue, attendances at races etc
Then merch sales
There are also some drivers who are well financed themselves and basically bring in cash and known as cash drivers, which lower level teams seem to take on as it helps build the car, stroll for example isn't the best driver but his dad ploughs in loadsa money for aston martin. |
There's not really any pay drivers in F1 anymore. Stroll was an example of one, but his dad actually bought the Aston Martin team and now seems to want to buy success for the whole team, rather than just finance his son's seat. Perez was kind of one as he brought a lot of sponsorship with him but he has no seat this year. He will return with Cadillac next year, though. |  | | |
| Horner leaves Red Bull with £52m pay-off on 17:32 - Sep 22 with 661 views | MaySixth |
No, it is not. |  |
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| Horner leaves Red Bull with £52m pay-off on 18:01 - Sep 22 with 587 views | Leaky |
| Horner leaves Red Bull with £52m pay-off on 15:36 - Sep 22 by blueasfook |
I dont understand F1 really. How do teams make money? I guess its from the advertising sponsorship? and winning races? |
Does seem strange to that the best car with the best driver start at the front |  | | |
| Horner leaves Red Bull with £52m pay-off on 20:31 - Sep 22 with 361 views | You_Bloo_Right |
| Horner leaves Red Bull with £52m pay-off on 16:35 - Sep 22 by Swansea_Blue |
It’s ok, but nowhere near as lucrative as an Audi side hustle |
How does that compare to off-setting losses against tax as the owner of a football club?
Big money in that I hear. |  |
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