Wait, how is current F1 fuel $30 a liter, isn't it supposed to be the same fuel we buy at the gas (petrol) station?
I know Europeans pay more than Canadians, but still we're only paying $2 a liter for the stuff advertised as the stuff Ferrari uses.
Or is that including the entire cost of transportation, storage etc. which would be done in a far less efficient way than consumer fuels?
As for costs, the FIA has to step in and make sure that 'customer' teams aren't paying more than 'partner' teams for fuel. It may be exorbitant, but it has to be the same exorbitant, just like the engine programs.
Given that engines are regulated the way they are, I find it interesting that there might be an R&D arms race in terms of race fuel. If the cost is going up 10 times, then I'd like to see fans getting more bang for their buck.
As for consumer fuels being overpriced: the main issue is when there is no alternative. If your car costs too much, you should be able to just hop in a cab, catch a bus or whatever, but that's nowhere near an option, even in the best 'transit cities'. Toronto is brutal, our public transit is meant to carry about a million trips a day, but it's doing three million, and that's not nearly enough to keep traffic flowing. The system is both over capacity, and yet the capacity is nowhere near where it should be. It means anyone with a car is spending most of their time just idling, burning fuel to go nowhere, and that's still the best option.