🏎️ Williams re-signs Sargeant

In this week’s email:

• Prize money breakdown by team 💰

• Sargeant re-signs with Williams 🖋️

• F1 Driver Salary-To-Point Ratio 📊

• Fastest Laps in 2023 🏎️ 💨

2023 F1 Prize Money Breakdown by Team 💰

Even though the F1 prize money split is classified, it is possible to gain an estimate based on how much each position is worth using information in the public domain.

Below reflects the estimated $1 billion prize pot, reflecting the teams achievements throughout the 2023 F1 season.

1. Red Bull: $140M

2. Mercedes: $131M

3. Ferrari: $121M

4. McLaren: $113M

5. Aston Martin: $104M

6. Alpine: $95M

7. Williams: $87M

8. AlphaTauri: $78M

9. Alfa Romeo: $69M

10. Haas: $60M

Logan Sargeant re-signs with Williams 🖋️

There was a lot of speculation around Logan Sargeant and if Williams would want to keep the rookie American driver.

This past weekend the team decided to re-sign Sargeant for the 2024 season next to fellow driver Alex Albon.

Williams Team Principal James Vowles stated in an announcement, “We have great confidence in his abilities and believe that together, we can achieve even greater success in the upcoming season.”

Sargeant also added, “It has been an incredible journey with the team so far, and I am grateful for the opportunity to continue developing as a driver within such a talented and dedicated group."

F1 Driver Salary-To-Point Ratio 📊

Based on the below data, Oscar Piastri was the driver with the best value for money based on his $2M salary and 97 points earned this F1 season.

Nyck de Vries, Liam Lawson and Daniel Ricciardo aren’t included in this overview because they did not drive a full season.

Fastest Laps in 2023 🏎️💨

• Max Verstappen (Red Bull) - 9

• Lewis Hamilton (Mercedes) - 4

• Sergio Perez (Red Bull) - 2

• Oscar Piastri (McLaren) - 2

• Zhou Guanyu (Alfa Romeo) - 1

• George Russell (Mercedes) - 1

• Fernando Alonso (Aston Martin) - 1

• Yuki Tsunda (AlphaTauri) - 1

• Lando Norris (McLaren) - 1