Originally Posted by
valleys caveman
The top teams earn the big money by deals that have been done in the past to keep them in the sport. Ferrari earn more than the other teams despite not having a championship winning car since 2007, although they did win the constructors championship in 2008. Basically F1 need Ferrari and bend over backwards to keep them.
There's three teams that earn decent money from their results, Mercedes, Red Bull and Ferrari which basically fill positions 1 to 6 at most races. Sponsorship also brings in big money, but as above, the top three teams take the lions share. Williams who have been more or less last for the last few years lost their main sponsor this season and haven't been able to get another.
As for the weaker teams they must be losing money at a fair old rate, but are owned by very rich company's, Renault one of the biggest sellers of cars in the world being one.
Vanity project as you put it is not far off the mark.
I go to Silverstone every year and bought a ticket for this years race which would have been this weekend. I know a lot of people find it boring, and admittedly you'll get a few boring races a season, but it's a great weekend with plenty to see and do through the day with live bands in the night. I've rolled this seasons ticket over to 2021 so just my camping and beer money to find now.