ˆ F1 teams spent over $3 billion, Toyota the most

tags : budget , f1 , f1 guide , f1guide , ferrari , ferrari f1 , ferrarif1 , finances , formula 1 , formula money , formula1 , formulamoney , honda f1 , hondaf1 , season budget , seasonbudget , spending , toyota f1 , toyotaf1

While we knew Formula 1 racing was an expensive venture, leave it to the 2008/2009 edition of Formula Money to spell-out the jaw-dropping finances for us. According to their latest guide, the supporting cast will shell out over $3 billion this year in team resources -- with Toyota dropping more than $445 million of it alone. McLaren is a close second at $433 million, while Ferrari rounds out the top three with $414 million coming out of pocket. If you take a look at team resources divided by points scored, each point cost Ferrari $1.9 million in 2007 (while each point cost Honda a staggering $57.2 million during the same period!). With the financial markets around the world roiled in turmoil, many are wondering when the F1 budgets are going to feel the pinch...

posted : 10/2/2008 @4:10:15 PM

:: new posts

:: popular posts