Ferrari is set to receive $20 million (€17.8 million) more in revenue payments than reigning Formula 1 world champion Mercedes for its performance in the 2015 season, according to figures leaked to media in Bahrain.
The information again outlines the financial disparity which exists within the sport – an issue that has led to two of its teams taking to European competition authorities in protest. Ferrari finished second to Mercedes in the constructors’ world championship last season, nevertheless stated that the historic Italian marque stands to receive $192 million - a 17 per cent increase on 2015.
Formula One Management (FOM), which has not officially confirmed the figures, draws revenue from hosting fees, media rights and other sources such as trackside sponsorship and hospitality.
The report states that the 2015 total rose nine per cent year-on-year to $965 million and will be distributed across 10 teams through nine monthly payments from April with a final “check” payment - when definitive revenues have been calculated - early in 2017.
Ferrari is the only team to have competed in Formula One since the championship’s formation in 1950. As a result it is set to benefit from $105 million in historic/constructors’ championship bonuses, as well as $87 million in performance payments.
By contrast, Mercedes, winners of both constructors’ and drivers’ championships for the past two seasons, will get $171 million in total and third-placed Williams $87 million.
Red Bull Racing, which finished fourth in 2015, is set to gain $144 million, aided by two other significant negotiated payments of $35 million and $39 million - the latter a constructors’ championship bonus for their four successive titles between 2010 and 2013.
McLaren, which endured its worst season in 2015 to finish ninth, will still receive $82 million thanks to a $32 million constructors' bonus. Meanwhile, eighth-placed Sauber will only receive $54 million, while Force India, which achieved a best ever championship finish of fifth, will stand to gain $67 million.
Force India and Sauber in September filed an official complaint to the European Union’s Competition Commission concerning the championship’s governance and revenue distribution model.
The two teams are battling what they claim is a privileged financial position bestowed upon the sport’s five biggest teams - Ferrari, Mercedes, Red Bull, McLaren and Williams - by F1’s commercial rights-holder and main shareholder CVC Capital Partners.
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