Formula 1 News: How much prize money will teams get in 2023?
Formula 1 is a lucrative business. Not only are companies knocking on the door to sponsor teams, drivers, races and track signage, prize money is huge.
We explained many months ago how the money is divided up.
2023 Constructor’s Championship Estimated Payout
| Constructor Finishing Position | Estimated Payout for 2023 |
| 1st | $142 million |
| 2nd | $133 million |
| 3rd | $124 million |
| 4th | $115 million |
| 5th | $106 million |
| 6th | $97 million |
| 7th | $89 million |
| 8th | $80 million |
| 9th | $71 million |
| 10th | $62 million |