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Author Topic: Why F1 Costs So Much  (Read 2358 times)

Offline cosworth151

Why F1 Costs So Much
« on: April 29, 2013, 02:22:54 PM »
This is from AutoWeek. Last year's championship winner, Red Bull Racing, had a $270.2 million season-long budget for a $13.5 million-per-race average. At the bottom of the grid, even the 11th-place Marussia team spent $5.4 million at every Grand Prix. I guess that proves the old racing truism: "Money is speed. How fast do you want to spend?" This article eplains where some of that money goes.

I did find a few flaws in the article. For example, there is no mention of travel expenses. Still, not a bad piece.

http://www.autoweek.com/article/20130426/f1/130429847#ixzz2RrFHyLWi


“You can search the world over for the finer things, but you won't find a match for the American road and the creatures that live on it.”
― Bob Dylan

Offline Jericoke

Re: Why F1 Costs So Much
« Reply #1 on: April 29, 2013, 03:26:32 PM »
This is from AutoWeek. Last year's championship winner, Red Bull Racing, had a $270.2 million season-long budget for a $13.5 million-per-race average. At the bottom of the grid, even the 11th-place Marussia team spent $5.4 million at every Grand Prix. I guess that proves the old racing truism: "Money is speed. How fast do you want to spend?" This article eplains where some of that money goes.

I did find a few flaws in the article. For example, there is no mention of travel expenses. Still, not a bad piece.

http://www.autoweek.com/article/20130426/f1/130429847#ixzz2RrFHyLWi

I was under the impression that FOM took care of most shipping.  I remember Ferrari and McLaren bringing spare cars at their own expense for late races when the championship was clsoe.

What I see missing is the budget for wining and dining sponsors.  If Marussia is spending $5 million per weekend, how much of that is on champaign and caviar?

Offline F1fanaticBD

Re: Why F1 Costs So Much
« Reply #2 on: April 29, 2013, 08:16:58 PM »
Does it give much anyway? I mean we pretty much know what cost what, and how teams burns money faster than anything to gain few hundredth of a second. Not a bad one, but I would have enjoyed a bit more details.
Keep running the fast cars, you will be never out of girls

Offline Scott

Re: Why F1 Costs So Much
« Reply #3 on: May 07, 2013, 12:49:39 PM »
I was under the impression that FOM took care of most shipping.

I think the travel costs referred to are for the team airfare and hotels, along with the shipping costs for the non-European races.  Bernie Air does ship the cars and equipment for the fly-aways, but I don't think he subsidizes the shipping costs for the teams to the European leg.
The Honey Badger doesn't give a...

 


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