The true cost of Formula 1
The financial plight of F1 and its teams has been talked about a great deal in recent years, but what is the real picture? DIETER RENCKEN investigates who spends what
Money makes the world go round, and this holds equally true in Formula 1. Without the folding stuff even the most sophisticated cars would sit silently in garages, devoid of fuel.
While F1 has been cash dependent since its inception, the global economic crisis and voracious commercial rights holders have increasingly throttled independent teams so that now up to 40 per cent of the grid is endangered.
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