anyone know how much you get for winning a race?
or how the money works at all in F1. winning, championship points etc..

 

There's a purse?

 

there's not?
100 000 000 seems like a lot to spend for a trophy.
I assumed there was.

 

Just a salary, a ridiculously high salary.

 

Not completely true...

The FIA hands out Travel Money to teams based upon points earned. When you stop to think of the incredible travel costs incured by teams to ship their stuff and people all around the world, travel costs are huge, and getting awarded travel money by the FIA is a very big boost to a team's financial picture.

 

Does the driver see that travel money?

 

TV revenue sharing, sponsors, and travel reimbursements seem to make up the majority of the team budget. I'm sure if any prize money that is paid out is sort of a joke when your budget is running several hundred million dollars.

I doubt anyone knows actual dollar amounts besides those directly involved though. Bernie does a good job keeping the money matters out of the news.

 

Yes, because his pay check can be bigger because the team does not have to withhold millions to pay for shipping stuff all over hell's half acre...

 

I thought that the travel expenses were usually forced upon the host circuit, or at least factored into the cost of hosting the event.

In fact, I think that was one of the reasons to move the USGP to the week after the Canadian GP so the largest expense of bringing the teams over from Europe to the NA continent could be shared.

The way I understand it, the circuits pay some large fee for the pleasure of turning over their venue to F1, and the broadcast rights are owned by F1.

The host venue gets the gate, concessions, etc.

The championship point system plus some system that figures in laps completed, races completed etc. is used to divide the revenue (mostly the TV revenue, but I suppose also the $ paid by the host venues to host event etc.) among the teams.

 

Thats why you see end the bottom teams like Honda and SA competing for 14th place or trying to get one point.