Prize money is a significant part of the. fundingF1 is an expensive sport with significant costs for developing and building the car, drivers, engineers, replacement parts, development throughout... There's more... structure for an F1F1 is the pinnacle of open wheel, single seater car racing and arguably the highest level of any motorsport globally.... There's more... team. Teams receive a share of the profits from the promoter based on the pointsFormula 1 runs two competitions over the course of the season, the Constructor's title and the Driver's title. Points are... There's more... they earn throughout the season.
Read more on how prize money is distributed in ur uFAQ – here