The Price of F1

pengecatbintang

Written by Josh Katinger · February 28, 2004

I was having a conversation over drinks with some friends the other night and we got on the subject of F1 budgets. We were wondering how many NEXTEL Cup cars could be run on an F1 budget. Coincidentally I received the info below in an email a day or so later. Mind you, they are 2003 estimates, but I think they are fascinating none the less. If the estimates that Roush was asking anywhere from $12-$15 million to sponsor Jeff Burton’s #99 ride, then I guess you could run about 30 NEXTEL Cup cars for a year on Ferrari’s budget alone…


F1 Magazine 2003 budgets (Keep in mind these are 2003 figures) F1 Magazine ran an article in March 2003 in which they admitted that no accurate figures were available due to the secretive nature of the business. However, they said that they had “nagged and cajoled dozens of key team personnel to reveal the odd titbit, after which [they] cross-checked and analysed [their] findings, then pieced together what [they] believe is the most comprehensive, definitive and accurate guide to F1 costs ever published”. The results are further broken out into 10 spending categories:

Total $2,141,100,000
$443,800,000 Ferrari
$353,300,000 Williams
$304,600,000 McLaren
$290,400,000 Toyota
$225,100,000 BAR
$206,800,000 Renault
$119,500,000 Sauber
$ 79,200,000 Jordan
$ 78,800,000 Jaguar
$ 39,600,000 Minardi
Engine budgets $931,000,000
$185,000,000 Williams
$175,000,000 Ferrari
$150,000,000 Toyota
$140,000,000 McLaren
$110,000,000 Renault
$105,000,000 BAR
$ 24,000,000 Sauber
$ 18,000,000 Jordan
$ 15,000,000 Minardi
$ 9,000,000 Jaguar
Operating the cars at tests $260,800,000
$88,000,000 Ferrari
$48,000,000 Williams
$29,100,000 McLaren
$24,700,000 Toyota
$22,000,000 BAR
$19,800,000 Sauber
$14,600,000 Renault
$ 7,500,000 Jaguar
$ 3,700,000 Jordan
$ 3,400,000 Minardi
Team salaries $194,000,000
$41,400,000 Ferrari
$32,300,000 Toyota
$30,300,000 McLaren
$24,000,000 Williams
$16,500,000 Renault
$12,800,000 BAR
$12,700,000 Sauber
$10,600,000 Jaguar
$ 8,800,000 Jordan
$ 5,300,000 Minardi
Operating the cars at races $187,300,000
$28,500,000 Ferrari
$22,500,000 Toyota
$20,800,000 Williams
$19,200,000 McLaren
$19,000,000 Renault
$18,200,000 Sauber
$17,600,000 BAR
$17,000,000 Jaguar
$16,000,000 Jordan
$ 8,500,000 Minardi
Research and development $173,000,000
$35,000,000 McLaren
$21,500,000 Toyota
$20,300,000 Williams
$20,000,000 Ferrari
$16,900,000 Renault
$16,500,000 BAR
$15,400,000 Jaguar
$14,600,000 Sauber
$12,600,000 Jordan
$ 200,000 Minardi
Driver salaries $132,000,000
$44,000,000 Ferrari
$24,000,000 BAR
$20,000,000 Williams
$13,500,000 McLaren
$ 8,000,000 Jordan
$ 7,500,000 Toyota
$ 6,800,000 Sauber
$ 6,200,000 Renault
$ 1,500,000 Jaguar
$ 500,000 Minardi
Wind tunnel operating costs $93,600,000
$15,100,000 Ferrari
$12,900,000 McLaren
$12,200,000 Williams
$11,600,000 Toyota
$10,400,000 Sauber
$10,100,000 BAR
$ 8,000,000 Renault
$ 5,500,000 Jaguar
$ 4,500,000 Jordan
$ 3,300,000 Minardi
Travel and accommodation $86,600,000
$18,000,000 Ferrari
$13,000,000 McLaren
$12,000,000 Toyota
$ 9,300,000 Williams
$ 7,900,000 BAR
$ 7,500,000 Renault
$ 6,800,000 Sauber
$ 5,300,000 Jaguar
$ 4,500,000 Jordan
$ 2,300,000 Minardi
Corporate entertaining and catering $62,850,000
$12,200,000 Williams
$ 9,700,000 Ferrari
$ 8,900,000 McLaren
$ 7,200,000 BAR
$ 6,700,000 Renault
$ 6,300,000 Toyota
$ 5,600,000 Jaguar
$ 4,300,000 Sauber
$ 1,600,000 Jordan
$ 350,000 Minardi
Car manufacturing costs $19,250,000
$4,100,000 Ferrari
$2,700,000 McLaren
$2,000,000 Toyota
$2,000,000 BAR
$1,900,000 Sauber
$1,500,000 Jordan
$1,500,000 Williams
$1,400,000 Renault
$1,400,000 Jaguar
$ 750,000 Minardi

luvly_eone

sikit jer tuh....

Najib boleeeeehhhhh handle....

Marsyal Yau

sukan F1 untuk golongan mewah dan kaya. Malaysia nie negara mewah dan kaya ke? dah settle ke semua kebajikan rakyat? apa kata, duit tu, kita guna untuk ambil alih tol ke, tambahkan subsidi minyak ke, kasi free tertiary education ke etc.

evolutionary

ye la org malaysia setakat bleh baring atas jalan pegang bendera

mikasa

dari awal kerajaan dah naikkan harga minyak untuk tampung F1 ni sebenarnya? rakyat kena chong dengan kerajaan,kata harga minyak tak naik

bacteria82

Satu lagi pembaziran

mat403

Sinagpore yg lebih kaya dari kita pun tak de team dlm F1....:@

ryosakazaki

dari awal kerajaan dah naikkan harga minyak untuk tampung F1 ni sebenarnya? rakyat kena chong dengan kerajaan,kata harga minyak tak naik
mikasa Post at 16-9-2009 19:10

pkiran bdak pra tadika camnih pon ada ka?
bek lu cakap BN tak bertanding kt permatang pasir arituh sbb nak tampung kos F1

pengecatbintang

bloomberg.com :

Honda's withdrawal from Formula 1 racing in Dec 2008 to save money may give it an advantage over rivals: fresh blood from an elite cadre of R&D engineers to improve its Honda Civic and Odyssey models. Honda reassigned the racing team's 400 engineers to develop new technologies to improve fuel efficiency and emission levels for mass-produced cars. An advanced regenerative brake system is being tested for possible use in Honda's hybrid cars. Racing has trained the engineers to acknowledge what works and what doesn't. Those competitive instincts are now redirected toward building cars to outsell rivals.

Honda quit F1 racing to cut costs as auto sales plunged amid the global recession. Teams using Honda's engines have won 69 races out of 151. Toyota, which started Formula One racing in 2002, has never won. The move may take Honda past Toyota in overall efficiency, as Honda expands its hybrid lineup with the 2010 Honda CR-Z sports coupe and the 2010 Honda Fit hybrid. Toyota plans to lease plug-in hybrid cars next year and plans to sell an electric car in 2012, and the 2010 Nissan Leaf electric car was announced recently.