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F1 Talks - Food for thought..

THE REAL COST OF Formula 1

Ever wondered what the real cost of Formula 1 racing is? Well I sure have and been at a loss, though I knew that it is HUGE !!

Various motoring journals have tried to extract information the various teams as to what they spend in a season and have come up with near accurate estimates.

I would like to share with my fellow F1 fanatics extracts from a recent article that was featured in a popular South African motoring journal showing how much F1 teams spent in 2003.

Real Cost of Formula 1
Wind-Tunnel Operating costs	US$ 98,350,000
Research and Development	US$ 182,586,000
Car Manufacturing Costs	US$ 18,870,000
Engine Budgets	US$ 997,000,000
Travel and Accommodation	US$ 89,160,000
Operating Cars At The Races	US$ 208,980,000
Operating Cars At Tests	US$ 379,790,000
Team Salaries	US$ 339,780,000
Drivers’ Salaries	US$ 116,060,000
Corporate Entertaining/Catering	US$ 62,520,000
TOTAL	US$ 2,493,096,000

hhhhmmmmmm !

Author - Duncan Udawatta,
Gaborone, Botswana (Southern Africa)
[email protected]