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• 3rd Place (Ferrari): Approximately $122 million • 4th Place (McLaren): Approximately $113 million These figures represent a percentage of the total prize pot, with the top team receiving about 14% and the bottom team around 6%. This distribution model incentivizes teams to perform consistently throughout the season. Championship Points Allocation Points are awarded to drivers and teams based on their finishing positions in each Grand Prix, contributing to both the Drivers’ and Constructors’ Championships. The standard points distribution for the top ten finishers is: • 1st Place: 25 points • 2nd Place: 18 points • 3rd Place: 15 points • 4th Place: 12 points • 5th Place: 10 points • 6th Place: 8 points • 7th Place: 6 points • 8th Place: 4 points • 9th Place: 2 points • 10th Place: 1 point These points are crucial for drivers and teams aiming for championship titles and higher standings, which in turn influence the end-of-season prize money distribution. In summary, while the Miami Grand Prix does not offer specific prize money for race winners, the results significantly impact the accumulation of championship points and the subsequent financial rewards distributed based on overall season performance. F1 Miami Grand Prix Prize Money & Bonuses In Formula 1, race winners do not receive direct prize money. Instead, their earnings are primarily derived from their annual salaries and performance-based bonuses paid by their respective teams. These bonuses can vary significantly depending on the driver’s contract and performance metrics, sometimes reaching substantial amounts per victory. For instance, Max Verstappen and Lewis Hamilton are among the highest earners, each reportedly earning around $65 million and $60 million annually, respectively. What Are the Must-See Highlights of the Formula 1 Miami Grand Prix? The Miami Grand Prix is more than just a race—it’s a full-blown spectacle packed with exciting moments both on and off the track. Here are the top highlights you won’t want to miss: 1. High-Speed Action on the Miami International Autodrome • Watch as drivers push their cars to the limit on this fast, technical circuit with three long straights and 19 corners. • Key overtaking spots: Turn 1, Turn 11,