In formula, scoring is determined by the positions drivers finish races in. The better position you finish in, the more points you receive.
Although people who are not very familiar with the sport may think that racers can't score in Formula 1, they simply race for positions, that is far from the truth. In fact, while winning races is certainly important, scoring points is the bigger goal in a Formula 1 season.
In order to understand point scoring in Formula 1, first the season format must be understood. One season has around 20 races, or Grand Prix weekends, hosted all throughout the world. In those races, drivers are awarded points depending on what place they finish. Those points are added throughout the year, and whoever has more points at the end of season is declared World Champion, the sports ultimate goal and honor.
Drivers compete for the Driver's World Championship, that is, the driver who at the end of the season has the most points. But drivers race for teams, which are competing for the Constructor's World Championships, the team whose both drivers summed have the most points at the end of a season.
The points system in Formula 1 has changed many, many times during its long history. Today, the 10 best placed drivers in a race get points as it follows:
In addition to that, the driver that posts the fastest lap in the race also gets an extra point, as long as he is in the top 10.
For teams that do not have the means to contend for the World Championships, finishing inside the scoring zone is considered to be the goal, and for some teams doing so is what characterizes a successful race weekend. Also, analyzing the points standings can give you a really good understanding of which teams are the strongest. Points are also used to compare teammates. If, throughout a season, a driver has many more points than his teammate, it can be said that he has been performing better than his teammate, as they have the same car with the same potential.
It can happen that in a race weekend, not all points are awarded. Formula 1 races are subject to suspension or cancellation, mainly because of bad weather. If a race is ended earlier, before 75% of the original race distance is completed, drivers are awarded only half of the points they would have originally gotten. In extreme situations, when less than two full laps are completed, no points are awarded to anyone.
In Formula 1, points are awarded based on the driver's finish position in a race. While the format has changed over the years, today, the top 10 drivers get points, going from 25 to the first placed driver, and one to the tenth placed driver. In addition, the driver who posts the fastest lap during a race gets an extra point.
There are around 20 races in a Formula 1 season, hosted in an equal number of different circuits around the globe. Therefore, a race is never the same as the other. Each race has a predetermined number of laps, which varies, as the length of each circuit lap differs. Whoever crosses the finish line after the last lap, wins the race. Afterwards, the top 3 finishers are awarded trophies and champagne in a ceremony.
Pole position in the first placed position in a race's starting grid. Pole position, along with all other positions in the starting grid, is determined the day before the race, in qualifying. The starting grid is formed based on the time to complete a lap, so the driver with the fastest lap in qualifying gets pole position. Keep in mind that drivers can commit faults and receive grid penalties for it, thus altering their starting position on the grid.
Drivers certainly get money for winning races and performing well. However, those values are not disclosed by F1 organizers, and it follows a pretty complicated system. Basically, drivers get their prize money depending on the team's overall performance, percentage of points they brought to their teams, and how long they've been driving. Therefore, a driver who has been in Formula 1 for 10 years, but hasn't won that many races in a season, may still earn more money than a rookie who has won several races.