How much does it cost to form or acquire the fleet of F 1?

Engine:

Engine is the biggest expense of F 1 team every year, especially those top teams. Honda's engine cost is about $250 million, accounting for 65% of the total cost. McLaren, Toyota and Ferrari are a little less, basically at the same level. Only Renault is relatively small, about 125m. After the FIA freezes the engine, each team can leave a considerable sum of money.

Wind tunnel:

F 1 Team has invested a lot in aerodynamics, which is about 20% of the cost. The top team has two wind tunnels, about $40 million, which is the cost of construction and design (before use). A 24-hour /7-day wind tunnel needs three shifts, each with 60-80 people, and the operating cost is more than 20 million US dollars per year.

R&D:

Aerodynamics and parts other than engines. The main fields are locomotive dynamics, tire characteristics and speed testing using some simulation equipment, which also cost more than 10m m.

Operation, testing and competition:

The team usually builds 7-8 sites every quarter, with an average of about $500,000 each. All telephone charges for operation, testing and competition can reach $40 million per year.

Salary:

Ferrari and Toyota have the largest number of employees, about 800- 1000. But in terms of salary, McLaren is the highest, with an annual salary of about $40 million. However, in 2006, Red Bull doubled this standard, and Neway's salary is estimated to be tens of millions of dollars, which is equivalent to the annual salary of the former Jaguar team boss.

Driver's salary:

In the past few years, drivers' wages have soared and polarization has intensified. There are tens of millions of top drivers, and finally less than one million.

Travel expenses and accommodation expenses:

During the competition, the travel expenses and accommodation expenses of the team are also considerable, and the differences are also great. For example, Ferrari's competitions around the world are business class and first class, and 4-5 star hotels. Williams only uses low-cost airlines like Yi Jie, and its employees live in B&; B: It is said that during their stay in Canada and America, most teams let their employees stay in 2-3 star hotels. But Ferrari took its employees on a luxury trip to California. Generally speaking, this part of the cost is about 7m- 10m.

Entertaining sponsors, business activities and entertainment:

It may take 15m to find a sponsor. Many teams recruit intermediary companies and pay 10% to bring sponsors to the negotiating table. The team spent a lot of money on business activities. McLaren spent10 million dollars on the launch of new cars in Spain, and other teams spent about 200,000 dollars. At the end of last season, Red Bull's party was near Shanghai, in a temporary bamboo village near Huangpu River (does anyone know where it is? ), spent $20 million.

After the FIA introduced the new rules, even the top teams are expected to spend no more than $400 million a year unless they find new areas to spend money.