Formula 1 is a most popular motor racing tournament and many famous company is attending this tournament. A huge money spends in this tournament. The most of money spends to car and machineries. Also some of money spends to staff and other thing. The drivers are also earn a big amount form this tournament. Ferrari, McLaren and Red Bull has spends $320 Million yearly included with car cost. They also spends $60 million for their staff and drivers. Cost is different for different team but the money distance is not a large amount. Lets go we see the cost table of Formula 1.
This is the basic car cost of Formula 1 and here also many cost in Formula 1 their are engine, tyres, fuel cost etc. we also describe the cost of that thing.
The engine of Formula 1 car: The new rule of Formula 1 the car engine will “1.6-litre turbo-charged V6 engines”. And this engine cost is $14 million per car.
Tyres of Formula 1 car: Formula 1 tyres supplies Italian tyre company Pirelli and this company spends a big amount for their tournament.
Fuel Cost: A team can spends 2,00,000 litter of fuel for every session and also the cost is $440,000.
Guys a we have already said a huge money spends in Formula 1 tournament and also this tournament earn money form different things. enjoy this tournament and stay with us for more Formula 1 news.