What does it cost to field an F1 team?

[xsn]

F1 Magazine 2003 budgets (Keep in mind these are 2003 figures)

F1 Magazine ran an article in March 2003 in which they admitted that no accurate figures were available due to the secretive nature of the business. However, they said that they had "nagged and cajoled dozens of key team personnel to reveal the odd titbit, after which [they] cross-checked and analyzed [their] findings, then pieced together what [they] believe is the most comprehensive, definitive and accurate guide to F1 costs ever published". The results are further broken out into 10 spending categories:


Total $2,141,100,000

$443,800,000 Ferrari
$353,300,000 Williams
$304,600,000 McLaren
$290,400,000 Toyota
$225,100,000 BAR
$206,800,000 Renault
$119,500,000 Sauber
$ 79,200,000 Jordan
$ 78,800,000 Jaguar
$ 39,600,000 Minardi


Engine budgets $931,000,000

$185,000,000 Williams
$175,000,000 Ferrari
$150,000,000 Toyota
$140,000,000 McLaren
$110,000,000 Renault
$105,000,000 BAR
$ 24,000,000 Sauber
$ 18,000,000 Jordan
$ 15,000,000 Minardi
$ 9,000,000 Jaguar


Operating the cars at tests $260,800,000

$88,000,000 Ferrari
$48,000,000 Williams
$29,100,000 McLaren
$24,700,000 Toyota
$22,000,000 BAR
$19,800,000 Sauber
$14,600,000 Renault
$ 7,500,000 Jaguar
$ 3,700,000 Jordan
$ 3,400,000 Minardi


Team salaries $194,000,000

$41,400,000 Ferrari
$32,300,000 Toyota
$30,300,000 McLaren
$24,000,000 Williams
$16,500,000 Renault
$12,800,000 BAR
$12,700,000 Sauber
$10,600,000 Jaguar
$ 8,800,000 Jordan
$ 5,300,000 Minardi


Operating the cars at races $187,300,000

$28,500,000 Ferrari
$22,500,000 Toyota
$20,800,000 Williams
$19,200,000 McLaren
$19,000,000 Renault
$18,200,000 Sauber
$17,600,000 BAR
$17,000,000 Jaguar
$16,000,000 Jordan
$ 8,500,000 Minardi


Research and development $173,000,000

$35,000,000 McLaren
$21,500,000 Toyota
$20,300,000 Williams
$20,000,000 Ferrari
$16,900,000 Renault
$16,500,000 BAR
$15,400,000 Jaguar
$14,600,000 Sauber
$12,600,000 Jordan
$ 200,000 Minardi


Driver salaries $132,000,000

$44,000,000 Ferrari
$24,000,000 BAR
$20,000,000 Williams
$13,500,000 McLaren
$ 8,000,000 Jordan
$ 7,500,000 Toyota
$ 6,800,000 Sauber
$ 6,200,000 Renault
$ 1,500,000 Jaguar
$ 500,000 Minardi


Wind tunnel operating costs $93,600,000

$15,100,000 Ferrari
$12,900,000 McLaren
$12,200,000 Williams
$11,600,000 Toyota
$10,400,000 Sauber
$10,100,000 BAR
$ 8,000,000 Renault
$ 5,500,000 Jaguar
$ 4,500,000 Jordan
$ 3,300,000 Minardi


Travel and accommodation $86,600,000

$18,000,000 Ferrari
$13,000,000 McLaren
$12,000,000 Toyota
$ 9,300,000 Williams
$ 7,900,000 BAR
$ 7,500,000 Renault
$ 6,800,000 Sauber
$ 5,300,000 Jaguar
$ 4,500,000 Jordan
$ 2,300,000 Minardi


Corporate entertaining and catering $62,850,000

$12,200,000 Williams
$ 9,700,000 Ferrari
$ 8,900,000 McLaren
$ 7,200,000 BAR
$ 6,700,000 Renault
$ 6,300,000 Toyota
$ 5,600,000 Jaguar
$ 4,300,000 Sauber
$ 1,600,000 Jordan
$ 350,000 Minardi


Car manufacturing costs $19,250,000

$4,100,000 Ferrari
$2,700,000 McLaren
$2,000,000 Toyota
$2,000,000 BAR
$1,900,000 Sauber
$1,500,000 Jordan
$1,500,000 Williams
$1,400,000 Renault
$1,400,000 Jaguar
$ 750,000 Minardi

 

[Osiris_x11]

dollars & sense...

hmmm, you get what you pay for...

Long Live Capitalism. . . <--->

 

[Zanardi 50]

Ahhh yes..... Just what I've been searching for all these years.....

The way I see this, the big kicker has got to be Jaguar. They're ranked below most teams in expenditure yet they finished just behind BAR in constructor's points, a big thumbs up to Mark Webber's ability to optimize results with limited resources. Truly a force to be reckoned with. I wish him the best of luck in years to come.
And as far as BAR having the 2nd highest driver's salary? Could it have something to do with....er......Mr. "me me me" what's his name??
lol!

Thanks for the info xsn!

 

[jsrsx]

I always heard ppl saying Toyota spent more than Ferrari...that was way off! Damn, those are some budgets!!

 

[Zanardi 50]

Actually there's a rumor going around in the paddock that Toyota spend in excess of $600 mil for 2004 (even bigger than Ferrari), according to race commentator Steve Matchett if I remembered correctly.

FYI.

 

[azndng]

whoa, 600mill??? that's crazy especially for a team that sucks! last year they had a hard time with BAR, let alone the top 3 teams. also, this year, their cars aren't that good. =)

i knew that F1 teams spent millions of dollars.. but didn't think it would amount over 250mill. that's just crazy. altho, it is the most recognized racing sport in the world...

also, seeing the salaries for williams.. is that why montoya signed to mclaren next year???

and good find zanardi50, jaguar does do good in the races, especially with the data given.