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Formula 1's huge prize pot centres around the Constructors' Championship, with the pot made up from 50 per cent of F1's commercial rights revenue for each season, reports Sky Sports.
Constructors' Championship points are calculated by adding points scored in each race by any driver for that constructor. [4] According to FIA regulations, the constructor of a chassis and an engine of a Formula One car is a person or corporate entity that owns the intellectual rights to the chassis and the engine of the car that a team/entrant ...
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 ...
Between the 1974 and 1995 seasons the numbers were based on the teams' finishing positions in the 1973 Constructors' Championship (with slight modifications, e.g. Ferrari's traditional numbers were 11–12 until 1980 and 27–28 from 1981 onwards) and each team only changed numbers if they had the driver who had won the World Drivers ...
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McLaren won the Formula 1 constructors’ championship on Sunday for the first time in more than a quarter century, securing it in the final race of the season by keeping chief rival Ferrari at bay.
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 ...
Lando Norris secures McLaren's first Formula 1 constructors' championship for 26 years with victory in the season-ending Abu Dhabi Grand Prix.