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29 Aug 2011, 14:23 (Ref:2947716)
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#1 | |
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Rookie
Join Date: Jan 2011
Posts: 93
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Budgets for an F1 Team
If I was to start an F1 team, how much would I need for a season and in what areas would the money come from?
And how much money would be spent in the car areas (engines, gearboxes, aero etc) |
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29 Aug 2011, 16:10 (Ref:2947766)
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#2 | |
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Retired
20KPINAL
Join Date: Aug 2004
Posts: 22,897
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What you need at the moment is a huge lottery win, because the money isn't really coming from anywhere at the moment.
£40,000,000 might get you on the back of the grid. It might even include the money needed for a Cosworth engine supply and a low-spec gearbox supply. I would imagine that you would spend by far the largest proportion of that on aero development. Good luck! 
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29 Aug 2011, 20:06 (Ref:2947905)
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#3 | ||
 Race Official20KPINAL
Join Date: Dec 1999
Posts: 21,606
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I'm not sure you're asking the right people...
Try contact one of the F1 teams... maybe you'll get some valuable information. |
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30 Aug 2011, 16:24 (Ref:2948383)
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#4 | ||
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Veteran
Join Date: Mar 2005
Posts: 9,737
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i dont recall the amount but is there not still a bond you must buy and hold with the FIA in order to secure a spot on the grid?
it used to be $48mill but if memory serves but that amount was reduced for the most recent entries. |
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30 Aug 2011, 22:02 (Ref:2948621)
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#5 | ||
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Veteran
Join Date: May 2006
Posts: 5,100
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That got reduced drastically, it's now an annual entry fee of just over €300,000.
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Marbot : "Ironically, the main difference between a Red Bull and a Virgin is that Red Bull can make parts of its car smaller and floppier."
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7 Sep 2011, 10:55 (Ref:2952120)
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#6 | ||
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Race Official 1% Club
Join Date: Dec 2002
Posts: 46,651
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Take a look at Williams Grand Prix Holdings Ltd for advice..
Half One Results Here The detail isnt in this article, but it suggests that the 6 months to June turnover was £47.3 million, so a full year will likely be somewhere in the ballpark of £94 million... Sure there are other parts to their business that may or may not contribute to group turnover, such as Williams Hybrid Power, but its not a bad start for estimates. |
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