Here's How F1 Teams and Drivers Make Millions
![Here's How F1 Teams and Drivers Make Millions](https://www.investopedia.com/thmb/VqvJRvAc02xhk5r4fWEqYotrtwI=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1360987781-aa77871fcfec47bc8ea3720256043a5c.jpg)
A billion-dollar industry, Formula 1 teams earn money based on performance as well as through investments and sponsorships. In 2022, Formula 1 brought in a total of $2.57 billion, driven by record attendance and expanded global viewership.
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