Do F1 pay Ferrari?
Prize Money (~45% of F1 Revenue): Teams split ~$1. B annually, tied to Constructors’ standings and heritage bonuses. Ferrari, second in 2024, earned ~$180M, including a $60M legacy bonus for its 1950 founding. Italian luxury car maker Ferrari has paid out a competitive bonus of €14,400 to each of its 5,000 employees after the company beat expectations on profit in 2024. The bonus, an increase of €900 compared to the €13,500 received by Ferrari staff last year, was announced by CEO Benedetto Vigna on Tuesday.Ferrari’s CEO is Benedetto Vigna, appointed in Sep 2021, has a tenure of 4. M, comprised of 16. M.