In 2015, Ferrari seem to have already largely closed the gap to Mercedes, but Renault (and Honda) continue to lag behind for now.
All of these numbers have to be taken with the caveat that they are estimates by people in the know, rather than exact figures.But when no cap materialized, the new teams realized they could not compete.This is confirmed by the 2015 predicted performances for each team, based on 2014 budgets and points.It is divided into two with one cash4life prize structure half split between the top ten teams in the championship on a sliding scale.As you can see in the graph below of estimated 2014 team budgets, an extra 30 million is a big deal for a team in midfield or below, which is why we see so many well-supported drivers in those teams.Some of the discrepancies are due to the complicated system used to determine the money paid out for on-track performance (you can read more here but the bigger problems are the bonus payments made to five teams: Ferrari, Red Bull, Mercedes, McLaren and Williams.Senna and Prost were earning 10 million (18 million after inflation) and 9 million (16 million after inflation respectively, in 1990.This shows that from, the financial growth was close to exponential, increasing by a factor of 1000 over those four decades.In contrast, during the season starting in 2007 the Premier League prize money stood.6 billion (824.6 million) and only increased.3.6 billion (1.6 billion) in 2013.The dedicated prize pot gives Ferrari 5 of F1s underlying profit which comes to at least.2 million annually.The prize distribution is based on consistent success over the course of a season and, in the case of the Column 1 payments, over multiple seasons.Like the CCB fund, this is paid regardless of Ferraris results the previous year and it comes in return for the Italian squad being F1s longest-standing team having been racing in the championship since it was launched in 1950.Formula One had found its soulmate, and Ecclestone had been the matchmaker.Plotted below are the maximum team budgets I found in various years.Or if the Dallas Cowboys took a cut off the top of the NFL's television revenues in exchange for them not dropping out and forming a rival league with the NFL's most popular teams.The trend line is intended to be illustrative it is a least-squares two-sigmoid fit to the points, excluding the labeled outliers.
However, in fact this is far from the case.
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