Like if the team wins a league, do the owners get paid any amount from the league itself? Or do owners make money from sponsorships, business deals etc
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Some sports like F1 do have prize money but most of the revenue comes from ticket sales, merch sales, television rights, and sponsors. In theory, the better the team you have, the more viewers you have, which makes all of the other revenue streams more valuable. You sell more jerseys, higher ticket prices, sponsors will pay more to sponsor you, and the television deals will be more lucrative.
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