Under the Formula One Management complicated financial deal with the teams, Ferrari gets a total of $180m – $9m more than Mercedes, which dominated the 2016 season, winning almost all grands prix as well as the drivers’ and constructors’ championships.

Ferrari finished third in the constructors’ championship behind Red Bull Racing, which received $10m less than Ferrari.

At the other end of the financial scale, newcomer team Haas earned $19m. Haas finished ahead of both Renault and Sauber in the constructors’ championship, but received approximately $30m less than both teams.

All teams benefitted financially from the end-of-season demised of the Manor team which, had it continued this year, would have received a 2016 payout of $32.5m. Instead, that sum was divided equally among the nine remaining teams.

The amount each team receives is based on a series of factors, including (as well as performance) past success, longevity in F1 and ‘special agreements’.

Ferrari’s generous portion of the revenue stream comes under the ‘special agreements’ category and in 2016 accounted for almost 20 percent of the total amount awarded to the teams.

Behind the top three – Ferrari, Mercedes and Red Bull – McLaren-Honda earned $97m, Williams collected $79m, Force India $72m, Toro Rosso $59, Renault $52m, Sauber $49 and Haas $19.