Why is F1 so rich?

The most lucrative way for F1 teams to make money is through sponsorships. Second to that is through winnings and incentives paid by Formula 1 directly. Then some F1 team budgets are supplemented by payments from manufacturers, or what’s known as a ‘pay driver’ such as Lance Stroll of Nicholas Latifi. 04-May-2022

https://f1chronicle.com/do-f1-teams-make-money/#:~:text=The%20most%20lucrative%20way%20for,Lance%20Stroll%20of%20Nicholas%20Latifi.

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