Jump to content
SAU Community

Recommended Posts

No Caterham, no Marussia for the American GP's. Maybe someone will finally get the hint that teams need actual money to keep going. Sure as hell Bernie doesn't need any more and no one cares for whichever private equity muppets are gouging it all this week. Its not just the minnows, the midfield teams are bleeding money too.

This was in Autosport today:

A letter written to Todt by Caterham, Marussia, Sauber and Force India, a copy of which has been seen by AUTOSPORT, laid bare just how expensive F1 was.

It provided an example of what a midfield team was now spending - excluding driver salaries, building leases, hospitality, marketing and media.

Bigger teams are spending more, in some cases much more, while F1's minnows Caterham and Marussia have been trying to get by on much less.

The breakdown for an average team went as follows:

Hybrid power system $28 million
Gearbox and hydraulics $5 million
Fuel and lubricants $1.5 million
Tyres $1.8 million
Electronics $1.95 million
IT $3 million
Salaries $20 million
Travel and trackside facilities $12 million
Chassis production/manufacturing $20 million
Windtunnel/CFD facilities $18.5 million
Utilities and factory maintenance $2 million
HR and professional services $1.5 million
Freight $5 million
TOTAL $120.25 million

Of course such high expenditure only becomes an issue if income does not cover it, which is where much of the current problem has materialised.

Income from F1's commercial rights is only around $55million - roughly half of the cost of competing - for a midfield team like Sauber or Toro Rosso.

This was in Autosport today:

A letter written to Todt by Caterham, Marussia, Sauber and Force India, a copy of which has been seen by AUTOSPORT, laid bare just how expensive F1 was.

It provided an example of what a midfield team was now spending - excluding driver salaries, building leases, hospitality, marketing and media.

Bigger teams are spending more, in some cases much more, while F1's minnows Caterham and Marussia have been trying to get by on much less.

The breakdown for an average team went as follows:

Hybrid power system $28 million

Gearbox and hydraulics $5 million

Fuel and lubricants $1.5 million

Tyres $1.8 million

Electronics $1.95 million

IT $3 million

Salaries $20 million

Travel and trackside facilities $12 million

Chassis production/manufacturing $20 million

Windtunnel/CFD facilities $18.5 million

Utilities and factory maintenance $2 million

HR and professional services $1.5 million

Freight $5 million

TOTAL $120.25 million

Of course such high expenditure only becomes an issue if income does not cover it, which is where much of the current problem has materialised.

Income from F1's commercial rights is only around $55million - roughly half of the cost of competing - for a midfield team like Sauber or Toro Rosso.

Fark..

5 million in freight? DHL are raping teams at higher than normal commercial rates. They give money to FOM and get it all back and some by overcharging the contracted teams.

The wind tunnel cost is a joke too. Just let them go testing with a 3rd driver at race meets and on 4 occassions through the season. Then limit windtunnel testing 8ng to say 100hrs

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Similar Content

  • Latest Posts

    • Hey. Very valuable information about pitwork, I will pay attention when buying any consumable parts 🙏 As for the carpets - I got a handful of information from nengun, from which it appears that indeed the carpets for the driver's side are OEM. They are not able to show me any pictures due to the long chain of different sales entities but after I place the order, as soon as the goods arrive at the nengun warehouse from which they will send the shipment to me they can send me photos and if my purchase differs from OEM I can immediately return it / cancel the purchase. I think I will give it a try 😉. Of course i'll let you know what's what as soon as i get them P.s. I know the topic is not relevant to the thread, but both nengun and amayama have these SICK 😍 trunk room lamps available. Do you know anyone who ordered them? I need to have one in my car
    • I've managed to find this: Nissan_Stagea_AutechVersion260RS (1).pdf
    • I believe @Duncan has given it a crack at Mt Buller before (in actual race conditions)
    • All my Polish car culture insight comes from watching Nightride. So I half expect this to get 1UZ swapped eventually?! Are you going to drive it in winter? I'm always curious how ATTESA would hold up in the snow. There isn't that much opportunity to try it in Australia.  
    • My steering lock unit on my Infiniti G37 has failed. The car is a local 2012 Infiniti G37 (Q60 ) I need to replace the unit My local mechanic said i need to buy a complete steering wheel assembly. Does anybody no any mechanics in Gold Coast or Brisbane who can fix this issue or where i can buy just the Steering lock control unit. Thanks
×
×
  • Create New...