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McLaren Manages to Bag $161 Million From Title Win, Ferrari Gives Red Bull $11 Million Dent

Somin Bhattacharjee
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McLaren F1 Team Celebrating the World Constructor Championship 2024.during Race Day, Sunday of Formula 1 Etihad Airways Abu Dhabi Grand Prix 2024

McLaren won the 2024 World Constructors’ Championship, ending a 26-year drought. It was a season of two halves, showcasing the Woking-based team’s remarkable resurgence as they developed the fastest car on the grid, helping them achieve glory and reaping the rewards of their efforts.

Per RacingNews365, McLaren got $161 million as a result of their triumph, a figure which can now be used to better their car further for 2025.

Last year, it was Red Bull who had cashed out the big amount, since they were winners of the Constructors’ Championship. However, their drop in performance — due to balance issues — coupled with Sergio Perez’s shambolic performances dropped them down to P3.

As a result, Red Bull got $140 million as prize money, which was $11 million less than second-placed Ferrari, another team that found top-level performance in the later stages of 2024. For the longest time, Red Bull looked like it would settle for P2, but the Maranello-based outfit’s consistently good results led by Charles Leclerc made sure that didn’t happen.

Because of this, Red Bull will now enter 2025 with a small dent in their total cash haul.

Importance of Constructors’ Championship

The Drivers’ Championship is great for PR and a personal achievement for the drivers, but the Constructors’ Championship is where the real financial stakes lie. The prize money awarded to teams varies greatly depending on their position in the standings, making it a crucial focus for teams.

For instance, Ferrari will have $11 million more than Red Bull which they can use to develop a better mechanical package.

In that respect, Alpine turned out to be the biggest late-season winner as a double podium finish in Sao Paulo helped them jump from P9 to P6, which was a surprise since they started the year struggling to even get into the points.

The Enstone-based team would have earned $30 million less had they finished ninth, which would have been disastrous in their preparations for the upcoming campaign.

Mercedes ended 2024 with $130 million, finishing fourth behind McLaren, Ferrari, and Red Bull. Sauber finished last and were compensated with just $69 million, $10 million less than Williams ahead.

Post Edited By:Aishwary Gaonkar

About the author

Somin Bhattacharjee

Somin Bhattacharjee

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Formula 1 Editor Somin Bhattacharjee fell for the sport as well as Fernando Alonso on the same day — during the Spaniard’s thrilling victory at the German GP in 2010. Over the years, the passion magnified manyfold, and metamorphosed into a writing career in 2021. Though holding a bachelor's degree in marketing, Somin discovered his true calling in writing. He has penned over 2,700 articles for TheSportsRush, presenting a diverse range — news reports, opinions, and exclusives. A true Tiffosi, Somin never gives up on a chance to defend the Ferrari boys as a fan. As a sports writer though, he remains objective to the core and relishes opportunities to follow and engage in dissecting the action during races. That’s where the real thrill lies for him. Beyond the racetrack, Somin plays different sports including soccer. He enjoys exploring other sporting events and proudly supports Spanish soccer club Real Madrid.

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