F3 Introduces €1 Million Prize Fund to Support Driver Progression to F2

In a significant development for junior single-seater racing, Formula 3 has announced the establishment of a substantial €1 million prize fund. This new financial incentive is designed to help promising drivers overcome the escalating costs involved in progressing from F3 to Formula 2, ensuring that talent, rather than financial backing alone, dictates a driver's career trajectory.
Commencing with the current 2025 season, the monetary award will be distributed among the top five competitors in the F3 championship. The champion will be granted €300,000, with a sliding scale of prizes for those finishing second (€250,000), third (€200,000), fourth (€150,000), and fifth (€100,000). A crucial condition for receiving this prize money is that recipients must advance to Formula 2 in the subsequent year; otherwise, the funds will be allocated to the next eligible driver in the standings. This new fund augments Pirelli's long-standing €300,000 prize for the F3 champion, bringing the total potential funding for the 2025 winner's F2 transition to €600,000. This mirrors successful programs like the Road to Indy, which offers significant financial support and testing opportunities to its champions for progression into IndyCar, addressing the increasingly prohibitive costs, often ranging from €2 million to €3 million, for a full season in F2.
This initiative by Formula 3 is a vital step in nurturing the next generation of racing stars. By easing the financial pressures that often hinder talented young drivers, the sport can ensure a more meritocratic pathway to its highest echelons. It represents a commitment to the long-term health and accessibility of motorsport, fostering a competitive environment where skill and dedication are paramount.