Team

Driver	Team	Price	Boost	Pts
Lewis Hamilton	Ferrari	$24.8M	⚡ 2×	44
Kimi Antonelli	Mercedes	$25.3M	—	38
Isack Hadjar	Red Bull Racing	$13.3M	—	38
Franco Colapinto	Alpine	$10.4M	—	8
Liam Lawson	Racing Bulls	$9.5M	—	3

Constructor	Price	Delta	Pts
Ferrari	$26.0M	↑$0.3M	71
Racing Bulls	$11.7M	↑$0.6M	15

Squad value $121.0M · $1.6M in bank (platform-confirmed) · Chip: None (Limitless banked) · No penalty (full hold) · 217 pts

Race Summary

Antonelli converted pole into a lights-to-flag win at Spa, 1.952 clear of Leclerc, with Verstappen P3 and Hamilton P4 — precisely the race our boost had bet against. The 2× was moved off Antonelli to Hamilton as a reliability hedge; the hedge held in the narrow sense (Hamilton finished clean, no DNF) but doubled a 22 instead of a 38. Hadjar rescued the round with the recovery of the weekend — a P21 grid to P6, fifteen places gained for 38 pts, matching the race winner inside our own squad — while Russell’s lap-zero retirement and Lawson’s pointless P12 capped the ceiling. 217 pts, every slot positive, but roughly 32 short of what the un-flipped boost would have returned.

Driver Notes

Driver	Grid	Finish	Pts	Notes
Lewis Hamilton ⚡ 2×	P5	P4	44	Base 22 × 2× = 44, our top score on paper and the wrong call in practice. Qualified P6, gridded P5 on others’ penalties, and brought it home P4 (+17.245) behind teammate Leclerc — exactly the reliable premium floor the picks file bought, with none of the ceiling. Ferrari’s Spa pace was real but second to Mercedes, and the boost needed a podium to justify itself.
Kimi Antonelli	P1	P1	38	Pole (1:44.361, 0.317 clear of Verstappen) and a controlled lights-to-flag win — the fastest car, running clean, and no repeat of the Barcelona/Silverstone reliability wobbles. This is the score the 2× was designed for and didn’t land on: boosted it was 76. Extends the championship lead with Russell scoring nothing.
Isack Hadjar	P21	P6	38	Drive of our weekend. Reached Q3 but set no time — a 30-place grid penalty for exceeding his power unit allocation had already committed him to P21, so there was nothing to gain from a run (confirmed post-race; the blank Q3 cell in the results file is explained, not an exclusion). That cost all qualifying points, and he carved back to P6 for the entire score: 8 for the finish plus 30 in position bonuses for fifteen places gained. Red Bull cleared both mandatory stops on laps 1 and 2 under the Safety Car to buy late strategic freedom, and his fastest-ten-lap average (1:49.727) beat Verstappen’s (1:49.809) — Mekies: “his best race with us, no question.” Best pts-per-dollar in the squad at $13.3M and now a three-race run of top-six finishes.
Franco Colapinto	P11	P10	8	The recovery thesis stalled at a modest version of itself. Made Q2 (P13), gridded P11, and picked up one place to P10 for the final point, plus the head-to-head over Gasly (P11). Spa was supposed to be his circuit — the overtaking edge that produced P19→P9 at Silverstone didn’t materialise from a midfield start.
Liam Lawson	P9	P12	3	The weak slot for the first time in months. Q2 (P11) and a P9 grid became P12 — outside the points, three places lost, and beaten by teammate Lindblad (P9). A Q2 bonus and overtake credit were all that kept the score positive. Down from 22 at Silverstone; $9.5M is now a real question.

Constructor Notes

Constructor	Pts	Notes
Ferrari	71	Leclerc P2 (+1.952) and Hamilton P4, both through to Q3 — the second-best constructor haul of our season behind Silverstone’s 92. Hamilton double-counts through this slot, which softened the boost error. Ferrari’s post-Silverstone form is confirmed, not a one-race spike.
Racing Bulls	15	The double-score broke down: Lindblad took P9 (2 pts) after dropping two from a P7 grid, and Lawson finished P12 with nothing. Down from 55 at Silverstone. Still cheap at $11.7M, but the pair delivered one scoring finish between them.

Key Intel

• The flip clause triggered and was not executed. The picks file committed to reverting the 2× to Antonelli “if Friday/qualifying shows Mercedes clearly ahead of Ferrari at Spa and Antonelli is running clean.” Antonelli took pole 0.317 clear of Verstappen and 0.534 clear of Hamilton, then won untroubled — both conditions met before lights out. This is a process failure, not a judgement failure: build a post-qualifying boost check into the workflow so conditional clauses are actually re-evaluated after the grid is set.
• Antonelli’s reliability flag has not repeated. Two DNF-adjacent Mercedes failures in three rounds drove the hedge; Spa produced a clean pole-to-flag win. The failure this weekend hit Russell (DNF, lap 0) instead — Mercedes reliability stays on watch, but the specific case against Antonelli as captain is now weaker, not stronger.
• Boost mechanic clarified for standard weekends. Hamilton’s 22 base doubled exactly to 44, confirming the 2× applies to the Grand Prix race score as documented. The R09 sprint-weekend anomaly (the 2× appearing to double a full-weekend base) is still unresolved — verify it before R12 Zandvoort, where it changes the captain math again.
• Ferrari is genuinely quick. P2 + P4 at a power-sensitive circuit, 71 constructor pts, backing up the Silverstone win. The constructor slot is earning its $26.0M; it’s the driver boost premium that misfired.
• Racing Bulls slot is cooling. 55 → 15 in one round, with Lawson (3 pts, P12) now the squad’s weakest link at $9.5M and Lindblad out-performing him. First transfer candidate for R11.
• Verstappen P3 — Red Bull recovered from the Silverstone retirement. Norris qualified P3, started P13 on a penalty, recovered to P7 and took the fastest lap (1:48.890).

Result Notes

• 217 is the sixth-best round of ten, with no negative scores anywhere for the second straight race. A solid floor from a full-hold squad, undone at the top end.
• The boost cost 32 pts. Antonelli boosted returns 76 rather than Hamilton’s 44 — 249 instead of 217. The hedge wasn’t unreasonable ex ante, but the clause written to catch exactly this scenario went unchecked after qualifying.
• Full hold was otherwise fine. Hamilton (22 base), Antonelli (38) and Hadjar (38) all delivered; the only slot a transfer would have improved was Lawson, and that wasn’t foreseeable at pick time.
• Chip status: None used — Limitless stays banked for R12 Dutch (Zandvoort, next sprint) or R16 Singapore. Remaining: Wildcard · Limitless · No Negative.
• Transfers: 0 of 2 used (full hold). 1 free transfer rolls to R11 — 2 available at R11; no penalty.
• Season total: 2,433 pts (R01: 190 · R02: 437 · R03: 202 · R04: 260 · R05: 261 · R06: 187 · R07: 158 · R08: 223 · R09: 298 · R10: 217).
• Price changes heading into R11: Antonelli ↑↑ (pole + win) · Hadjar ↑↑ (P21→P6) · Leclerc ↑ (P2) · Ferrari ↑ (P2+P4) · Hamilton ~flat (P4, priced in) · Colapinto ~flat (P10) · Lawson ↓ (P12, no points) · Racing Bulls ↓ (one scoring finish) · Russell ↓ (DNF). Boost policy for R11: default back to Antonelli unless qualifying says otherwise — and re-check it after qualifying this time.