F1 feeder series Formula 3 has announced that the top five drivers
in the championship will share a €1 million prize fund.  Starting
from 2025 onwards, the F3 champion will receive €300,000, the
driver in second will be handed €250,000, the driver in third gets
€200,000 and those in fourth and fifth will receive €150,000 and
€100,000, respectively. However, the financial prize will only be
handed out if a driver is promoted to Formula 2. Failure to do so,
will see the prize go to the next driver(s) based on the drivers'
standings.  This new prize fund is in addition to the existing
Pirelli €300,000 prize which the F3 champion receives. "The Formula
3 one-million-euro prize fund is an important initiative that will
further incentivise drivers and provide them with a very valuable
and well-deserved reward for their success in the Championship,"
said F1 CEO, Stefano Domenicali.  "The FIA Formula 3 Championship
continues to be a vital part of the pyramid system, which provides
the drivers with the essential technical, physical, and mental
training to rise through the Championships on their journey to the
highest level of our sport.  "We all look forward to the 2026
season and watching the incredible talent on track." Making the
jump from F3 to F2 is a huge financial challenge for several
drivers, regardless of their ability.  In introducing the new prize
fund, progressing to the final step on the F1 junior ladder should
become more doable for F1's stars of the future.  "I am pleased to
announce this million-euro fund, which will benefit the five
highest-placed Formula 3 drivers, alongside the substantial prize
offered by our partner, Pirelli, which goes to the Champion," said
F3 CEO, Bruno Michel. "It is vital to support emerging talent on
their road to Formula 1. Formula 3 is a fantastic training ground
for these young racers to hone their skills to move up the pyramid,
and this additional financial reward will help them to go even
further in their efforts towards the pinnacle of motorsport."

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