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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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Basketball Editor Somin Bhattacharjee first discovered the game during the 2014 FIBA World Cup. Not long after, he turned to the NBA and found himself drawn to the Golden State Warriors — right at the start of Stephen Curry’s rise. Over time, the admiration turned into full-blown support for the team, one that continues even as the Curry era approaches its twilight. A true hoophead, Somin also follows EuroLeague basketball closely and enjoys exploring the game beyond the NBA. Though holding a bachelor's degree in marketing, Somin discovered his true calling in writing. Since 2021, he has penned over 3,000 articles for TheSportsRush, covering everything from breaking news to sharp opinion pieces and detailed exclusives. He thrives on writing about in-game moments and the reactions that make basketball a uniquely emotional sport. Beyond basketball, Somin plays different sports including soccer and remains a passionate fan of Spanish football giants Real Madrid

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