Ferrari received more than 140 million euros in 2014 from FOM
Even though Ferrari experienced a 2014 season without a single victory, the Scuderia is the team that received the most money from the FOM. Mercedes, despite its two titles, received 30 million euros less.
Ferrari is the only team to be present since the beginning of F1. The two entities are so intertwined that it is not uncommon for a single-seater to be depicted in drawings, it often features the red of Maranello.
The Italian leaders have thus managed to monetize this continuous presence by negotiating a special agreement with Bernie Ecclestone’s FOM, which ensures they receive 5% of F1’s profits, regardless of their place in the world championship. According to information from *Autosport*, for the 2014 season, this represents the tidy sum of 85 million euros. Four other teams, Red Bull, Mercedes, McLaren, and Williams, also have preferential bilateral agreements, although their percentage is lower. In total, the five big teams on the grid share 15% of the sport’s profits.
50% more is then distributed among all the teams. This time, the world championship standings are taken into account, which rewards the teams based on their results. However, it is interesting to note that for its two titles, Mercedes will receive “only” 80 million euros, which is less than Ferrari’s special agreement alone!
The ranking of revenues for the top five teams is therefore significantly different from that of the championship. Thus, Williams, which had a very successful year and ranked third in the championship, is fifth in the revenue ranking, with 73 million euros received, including 9 million for its special agreement.
We can also see that Red Bull has managed to negotiate its four consecutive titles to its advantage, as its bonus amounts to 65 million euros, to which an additional 72 million is added for its second place in the championship.
In the end, the gap with the other five teams is clear since Sahara Force India received 52 million euros, ahead of Toro Rosso (47), Lotus (45), Marussia (42), and Sauber (38.5). In these conditions, it’s easier to understand why the leaders of Marussia did everything to try to survive the offseason. But also why all the other teams had no interest in seeing this rescue mission succeed; as they could have split the sum owed to Marussia. The application of the adage “divide and conquer” in F1…
But ultimately, the biggest winner remains CVC Capital and the other two F1 shareholders, who share the remaining 35%, or 416 million euros. It’s easier to understand why the investment fund is not in such a hurry to sell the remainder of its stake…
With the participation of www.Racingbusiness.fr
