Formula One racecars are a far cry from what the average driver has parked in their garage. With an open cockpit, single seat, and high-tech gadgets, they do not come cheap. Building a car can cost hundreds of thousands of dollars and a maintenance crew can annually cost millions. Teams...
McLaren chief warns of F1 cost-cap rules inhibiting much needed tech investment At a time when teams are mindful of every dollar spent because of F1’s cost cap — which mainly limits spending on car performance — driver salaries are growing. This has put power in the hands of the drivers...
a racer complete with chassis, engine, transmission, brakes, and tires can cost upwards of US$3 million. If you think this sum is enough to shatter the piggy-bank beyond repair, you’re in for a surprise: a top-tier Formula One car can ...
The power, the handling, the aerodynamics, they're all very well but what can you possibly do with as formidable an open wheel race car as the Progen PR4 on the city streets? You're the one reckless enough to find out. You tell us.PR4...
They have been advised throughout this process by financial experts Deloitte, who have significant experience, knowledge and expertise regarding cost control regulations in sports competitions around the world. The cap runs for a calendar year and is based on there being ...
That decision can be crucial to the winning or losing of a race. In modern Formula One, there are few technological revolutions but much day-to-day evolution, the car starting life as a computerised model. Technological breakthroughs are invisible, such as ca...
To be sure, Lego has worked with the F1 brand in the past, on one-off products in collaboration with individual teams such as McLaren Racing. Those deals brought it “a lot of traction,” Goldin said, giving Lego a hint of what types of products to create. The new tie-up, which wil...
They set up the screens next to the bleachers, so you would have to make a choice between watching the whole race vs seeing one car flew by in front of you. Not worth itby RAE on 11/25/24FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX - Las VegasRating: 2 out of 5 I have ...
On Tuesday, a brand new Formula One car had its first road test at the campus of northeast China's Changchun University. This car was assembled by three teachers and 38 students from the university. /Chinanews.com The Formula Onc car can race at speed of 140km/h. Over 1,700 out of ...
One of the listed exceptions to the cost cap is racing driver salaries and fees. This means teams are free to pay their star drivers as much as they can afford with no limits. Who is the richest Formula 1 driver ever? Michael Schumacher is thought to be the highest-paid Formula 1 drive...