Bahrain Grand Prix 2021 prize money: How much will the winner of Bahrain GP earn?

Formula 1 is one of biggest motor racing championships in world and this year will be 72nd event of Formula 1 World Championship. first race of season is Bahrain Grand Prix. Ahe of race, let's have a look at Bahrain Grand Prix 2021 prize money, and how to watch Bahrain Grand Prix 2021 live.

Bahrain Grand Prix 2021 prize money: How much does Bahrain Grand Prix 2021 winner earn?

As per reports, F1's 2021 revenues are estimated at $1.38 billion. As per F1's revenue-sharing model, this amount is shared between teams and or shareholders (50% each). Each race is believed to bring about anywhere between $100 million to $140 million in revenue. However, drivers do not receive any prize money because y are paid salaries by teams y drive for.

F1 has a strange revenue sharing model as revenue is not distributed equally between teams. re is an equal portion that is paid to each team that has finished in top ten positions in Constructor's Championship for two of past three seasons, referred to as 'Column 1 Payment.' As per 'Column 2 Payment,' each team is paid based on where y finished in Constructor's Championship in previous year. Hence, champions receive most while last team receives least.

Columns 1 & 2 payments represent two-thirds of total prize money each year. or one-third is distributed between teams on basis of separate deals between F1 and teams. Mercedes, Red Bull, Ferrari and McLaren receive a payment that is known as Constructors Championship Bonus (CCB). CCB is given for teams' long term commitment to sport. Because bigger teams are paid higher sums of money irrespective of where y finish in Constructor's Championship, re has long been a dispute when it comes to distribution of prize money.

How to watch Bahrain Grand Prix 2021 live in India?

In India, Star Sports Network has rights for Bahrain Grand Prix 2021 telecast. Fans can catch all action from Bahrain GP race on Star Sports Select 2 and Star Sports Select 2 HD from Sunday, March 28, 2021, 8:25 PM onwards. Bahrain Grand Prix race live stream will be available on Disney+ Hotstar VIP. Live updates of race can be found on social media of F1 and respected teams.