Formula 3 announce one-million-euro prize fund to support top five drivers

Formula 3 is pleased to announce that the five highest placed drivers in the F3 Drivers’ Championship standings will be awarded a million-euro prize fund from the 2025 season onwards.

The prize fund will be split so the Champion receives 300,000 euros, the driver in second place receives 250,000 euros, the driver in third receives 200,000 euros, and the fourth and fifth placed drivers receive 150,000 euros and 100,000 euros, respectively. The prize requires the drivers to be racing for Formula 2 the following season, or it will go to the next highest-placed driver(s).

This million-euro fund is in addition to the existing Pirelli 300,000-euro prize awarded to the Formula 3 Champion.

Stefano Domenicali, President & CEO of Formula 1, said: “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. 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.”

FIA Formula 3 CEO Bruno Michel, said: “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. 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.”