How much F1 sponsors contribute can vary from as little as €500k to as much as €50M a season in what is a bit of a catch-22 season.
Then some F1 team budgets are supplemented by payments from manufacturers, or what’s known as a ‘pay driver’ such as Lance Stroll of Nicholas Latifi. Second to that is through winnings and incentives paid by Formula 1 directly. The most lucrative way for F1 teams to make money is through sponsorships. So with all those expenses to factor in, how do F1 teams make money? How do F1 teams make money?į1 team budgets are derived from several key areas: In 2021 the F1 calendar had 22 races, and that increased to 23 races in 2022.
#F1 2021 TEAMS PLUS#
Then you need to factor in the costs of research and development, plus the logistics of getting to every race. With F1 being the pinnacle of motorsport, it attracts the best drivers, administrators and engineers that money can buy. Vettel was faster than Stroll at Aston Martin but by a smaller margin than Perez had managed in 2020.Given budgets in 2021 were around the $450 million mark for the top dogs, you could be forgiven for wondering where all that money went. Kimi Raikkonen in what he knew was his final season was much further off Antonio Giovinazzi than had been the case in 2020. This was way closer than Sebastian Vettel got to Leclerc in 2020, but was still further adrift than Vettel had been from Leclerc in 2019 (0.023%). Someone who habitually qualified close to Max Verstappen, and comfortably out-qualified Nico Hulkenberg and Esteban Ocon could not get closer than within 0.274% of Lando Norris.Ĭarlos Sainz in his first season at Ferrari got to within 0.1% of Charles Leclerc, having been 0.055% faster than Norris in 2020. The struggles of Daniel Ricciardo in adapting to the McLaren are made glaringly obvious. When looking at the comparison between the 2020 and ‘21 seasons, a few other notable patterns stand out. Verstappen and Hamilton team-mate comparisons 2017-21 Does it suggest Hamilton was being stretched to new levels by his competition with Verstappen? Or that Bottas performed to a lower level than previously? Such things can only be speculated rather than measured.
This in fact was Hamilton’s biggest margin of qualifying superiority over Bottas in their five seasons together. Lewis Hamilton significantly increased his advantage over Valtteri Bottas. On the two title contenders, we see Max Verstappen continue his recent big margin of superiority over a team-mate, even one of Sergio Perez’s standing. We are talking of a difference here of two-hundredths of a second over the 16 comparable races though. That can happen when the margins are so small and simply means that when Ocon outqualified Alonso it was by a big enough margin for the average to overcome the fact that Alonso out-qualified him more frequently. There is one anomaly arising in using the two different methods of comparison and it is at Alpine where Fernando Alonso outqualified Esteban Ocon 10 times to six but Ocon actually set a slightly faster average laptime. They are listed in the table in the order of the percentage difference.
#F1 2021 TEAMS DRIVER#
But the biggest advantage of any driver over their team-mate was that of AlphaTauri’s Pierre Gasly over Yuki Tsunoda in terms of the average lap time percentage difference.Īs a straight score of how many times a driver out-qualified his team-mate, Mick Schumacher’s 15-0 tally over Nikita Mazepin at Haas was the most dominant.
#F1 2021 TEAMS DRIVERS#
Obviously, the numbers can only reference a driver relative to their team-mate so cannot give any performance league relative to drivers from other teams. The laptime averages are expressed as a percentage of the fastest qualifying time at each track rather than in minutes and seconds, to avoid being skewed by the different lengths of tracks (ie a 0.2s difference, say, is much bigger on a short lap than on a long one).
By contrast, at Mercedes and Williams, there were as many as 20 races where the comparison could be made. At Aston Martin for example it was as few as 12 races from 22 where valid comparison could be made (one or the other of their drivers were caught out by yellow or red flags at an inopportune time on many occasions and there were a couple of Lance Stroll crashes in that mix). This is why there are differences from team to team in the number of valid comparisons. The comparison is always from comparable sessions so if, for example, one driver makes it through to Q3 but the other doesn’t, only their Q2 times are compared so as to take track evolution out of the equation.
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