5 Teams Who Made The Most Money In F1 2023

Hi, F1 fans all around the world, feel like you are getting bored!And why not get bored? The wonderful 2023 F1 season ended recently, and there will be 4 months to get the new F1 season going.But let’s just not get bored. Let us take you to our survey on the recently completed 2023 F1 season, where we will analyse every little detail of the season.

Today we look at five teams that made the most money out of the 2023 F1 season:   

The prize money for the 2023 F1 season is estimated at around $1b based on the earnings from the previous season.Half of the profits made by Formula 1 are to be distributed among the teams, with the champion team getting the most out of it.

Here are 5 teams that made the most money in Formula 1 2023.

1.REDBULL F1 Team:

Max Verstappen’s ultimate dominance at the 2023 season single-handedly earned Red Bull the constructors’ champion. From this, they earned about 14% of the total prize money, which is around $140 million.The Austrian team, which is owned by the world-famous sports and energy drink brand Red Bull, is one of the richest teams present on the grid in Formula 1. But though rich, it is still very young, irrespective of its history and time of presence. But in a very short time, it has developed a lot with putting their money in worthy places.

2.MERCEDES :

After securing their second place at the constructors championship after the final Grand Prix of the season, Mercedes earned around $125 million during this season. Mercedes-AMG Petronas Formula One Team is the richest ever team to be present on the team; it is part of the great German automobile maker, Mercedes.

3.Ferrari :

Ferrari earned an estimated $122 million after finishing third in the constructors’ championship. The oldest and second-ranked F1 team on the grid in terms of total assets had not had that good a season on the grid but excelled as a constructor.

4.McLaren:

After finishing 4th in the constructors championship, McLaren spent a staggering $110 million during the season.

5.Aston Martin Cognizant F1 Team:

Courtesy of Fernando Alosnso’s brilliant 2023 season, Aston Martin finished the season in 5th place, which helped them earn around $110 million.