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The season comes to an end at the Abu Dhabi Grand Prix with the constructors’ championship still up for grabs with McLaren and Ferrari battling for the title
The Concorde Agreement is a contract between the Fédération Internationale de l'Automobile (FIA), the Formula One teams and the Formula One Group which dictates the terms by which the teams compete in races, and how the television revenues and prize money is shared. There have been eight versions of the Concorde Agreement, all of which terms ...
Before the institution of a winner's trophy, the only award for being placed in the British Grand Prix was the prize money on offer. For the first two British Grands Prix held at Brooklands, the prize money was £1,000 to the winner, £300 to the second-placed finisher and £200 for finishing third.
But they still needed a $750,000 loan from the Formula One Constructors' Association (FOCA) to pay prize money and other expenses. [38] Alan Jones won the 1980 race for Williams after he went off at the first corner on the first lap and charged through the field into second place from 17th, and he ended up taking the checkered flag after pole ...
McLaren Racing heads into the Singapore Grand Prix as Formula 1's hot new darlings, the papaya-drenched team that just may be the ones to finally dethrone Red Bull and Max Verstappen. Red Bull and ...
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[1] [2] For the first post-Second World War British Grand Prix in 1948, prize money was awarded to the entrants of the top ten finishers, ranging from £500 to the winner to £20 for tenth place, [3] and the amounts awarded changed little over the next few years, [4] [5] [10] although by 1958 the winner's prize had increased to £750.
Formula One, abbreviated to F1, is the highest class of open-wheeled auto racing defined by the Fédération Internationale de l'Automobile (FIA), motorsport's world governing body. [1] The "formula" in the name refers to a set of rules to which all participants and cars must conform. [ 2 ]