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F1 cost per race - $10 M


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#1 mariner

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Posted 01 October 2020 - 11:35

Having looked up the accounts of MB GP and found it was £363M in 2019 I realised you can work out a real cost to put a winning car and driver onto the grid of an F1 race.

 

MB sent £363M which is $465M  at todays rates. I assume that includes the drivers costs.

 

So with two cars per race and 21 races in 2019 that is $11 million per car on the grid.

 

I know F1 technology is incredible, amazing, superb, energy efficient etc and both Hamilton and Bottas are star drivers but $11M per car per race is I think pretty obscene.

 

In fairness Liberty Global, the FIA and the team s have agreed to cut costs but you can see why that is urgent . 

 

 

Put another way since each race is about 190 miles that is $58K per mile per car



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#2 jcbc3

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Posted 01 October 2020 - 12:36

My enjoyment of seeing Lewis trounce Verstappen is 5 quid/race. How many viewers like me does it take to break even?



#3 gruntguru

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Posted 01 October 2020 - 21:25

I would pay a lot more than 5 quid to see a 2 car, 10 lap race - Ham vs Ver in identical cars.