Show How much does an F1 car cost? (Lars Baron/Getty Images) When you watch a Formula 1 car crash into pieces, you might not just realize how much it costs to replace that piece of Formula 1 machinery. It’s a lot. Crashes are a reality in Formula 1 or any racing series for that matter. Drivers definitely try to avoid them. Teams are afraid of them. But sometimes it simply happens and when it does, the cost can be enormous. These aren’t street cars with standard parts after all. They are custom made machines that are very expensive to build and maintain. In 2021, Motor Sport magazine came with Formula 1 technical director Pat Symonds Find out how much a modern F1 car costs and we’ve come up with some eye-opening numbers.
These costs are simply for the parts themselves, not the development or manpower involved in making the car a reality. Obviously, different cars have different costs, so the money Mercedes puts into their car isn’t going to be the same as that of Williams. This is just a basic idea of expenses. Also, these numbers correlate with the previous set of regulations that were in place until 2022. The cars racing in F1 this season may be slightly different. It’s crazy to think how a steering wheel in an F1 car, which includes twenty important components, costs so much more than the entire car that most people drive to work every day. Just don’t think the Formula 1 makers shouldn’t think about cost the same way the average Joe has to pay for service every year. The cost caps in the sport made the small expense of building a car even more important. F1’s current budget cap is $140 million. (Visited 237 times, 1 visits today) Post navigationPat Symonds (PS): “I’ve heard Christian Horner often quote £250,000, but I don’t know if this is just so he can bump the budget cap up! “A Marussia front wing was £33,000. To be honest there’s no single part of the car that’s got more complicated than the front-wing since 2016 – apart from maybe the bargeboards. “I’d definitely go with at least £100,000.” Cost: $141,500 (£100,000) Halo The halo was crucial in saving Romain Grosjean’s life Rudy Carezzevoli/Getty Images Developed at the Cranfield Impact Centre, the halo was brought in to protect drivers’ heads from wheels, broken wings and other dangerous debris sometimes sent flying during crashes. Cranfield manager James Watson spoke about the halo’s development and capabilities in an interview with Motor Sport following Romain Grosjean’s harrowing Bahrain 2020 crash, where the halo almost certainly saved his life. “We tested it to take over 100 Kilonewtons,” he said (roughly the equivalent of 10.2 tonnes, or two African elephants landing on it simultaneously). “It’s difficult to work out what the exact force [of Grosjean’s accident] was, but the fact that it remained intact would imply that it was less than what was actually tested.” Since its introduction, the halo has protected drivers such as Romain Grosjean, Charles Leclerc and Valtteri Bottas in some of F1’s biggest accidents. Cost: $17,000 (£12,000) Floor and bargeboardsDetailing of a 2021-style floor can be seen just ahead of the rear wheels of Lewis Hamilton’s Mercedes W12 LARS BARON/POOL/AFP via Getty Images The floor of an F1 car contributes around 60% of its downforce, making it crucial in finding performance. As a result, they have become increasingly complex and expensive to make. The FIA attempted to curb downforce levels on safety grounds for 2021 by chopping off a section of the floor near the rear wheels. Naturally, in reaction to the rule changes, team aerodynamicists are looking for ever-more ingenious ways to generate downforce in other areas of the floor, by creating new flicks and flaps in non-restricted sections. Additionally, F1 cars’ bargeboard areas have also become incredibly complex since the aero rules that were freed up in that area in 2017. The building of these sections again costs a significant amount of money. PS: “These days, because F1 car floor designs can incorporate the outer 100mm, which has all these intricate features in it, combined with bargeboards – which are massively expensive – floors are approaching the £100,000 mark now.” Cost: $141,000 (£100,000) EngineMercedes displaying its power units from 2014 through to 2018 Mercedes F1 has been using the same 1600cc V6 turbocharged engines (or Power Units) since 2014. These engines have been developed to maximise performance, the rules surrounding their technical specification have remained predominantly the same. Made up of six components, the PUs feature an Internal Combustion Engine (ICE), Turbocharger (TC), Motor Generator Unit-Kinetic (MGU-K), Motor Generator Unit-Heat (MGU-H), the Energy Store i.e. batteries (ES) and Control Electronics (CE). PS: “The regulations call for a customer to be supplied at €12m (£10.34m). The reality is that no one pays just this for their engines, because of all the other bits and pieces that come into it. “Customers are paying something in the region of €15m (£12.92m) for one engine.” Cost: $18.32m (£12.92m) GearboxAn F1 gearbox can cost up to £250,000 FLORENT GOODEN / DPPI Media F1 cars have semi-automatic gearboxes, with eight forward gears and one reverse. All F1 cars have an automated sequential paddle-shift system, allowing for seamless shifting – taking around 0.05sec. Some teams buy in gearboxes from others, while some make their own. Haas uses a year-old Ferrari gearbox paired with a 2021 Scuderia engine, while McLaren continues to make its own gearbox despite switching to Mercedes power units from 2021. Cost: $354,000 (£250,000) Fuel tankF1 fuel tanks are almost indestructible and are made from polyurethane and kevlar. The ‘bag’ of fuel is ribbed and designed to fill the space behind the driver’s seat, also being attached to the seat, which prevents the bag from collapsing as the fuel drains. Cost: $31,000 (£22,000) Steering wheelAn F1 steering wheel will cost around $50,000 FREDERIC LE FLOC H / DPPI F1 steering wheels are constructed mainly from costly carbon fibre and also have silicon grips. McLaren Applied Technologies supplies the standardised ECU which the steering wheel is based around, which limits each to 20 buttons, nine rotary switches and six paddles. However, every button and switch function is customisable for each team’s needs. Despite its small size, the multitude of possible technological adjustments to the wheel make it extremely valuable. Cost: $50,000 (£35,000) HydraulicsAn F1 car’s hydraulics control its DRS system – seen in action here – amongst many other things Grand Prix Photo An F1 car could quite simply not function without its hydraulics system, which controls nine subsystems of the car:
Not only is the system highly complex, implementing it is extremely difficult, driving up the cost of the system. Cost: $170,000 (£123,000) Brake discs and padsA lot of investment is needed to get F1-standard stopping power FREDERIC LE FLOC H / DPPI Depending on how intricate the machined cooling holes are, an F1 brake disc can cost between $2000 (£1420) and $3000 (£2120). The pads are cheaper, coming in at $780 (£550) each. Calipers would come in at around $5600 (£4000) each, while master cylinders – used to generate fluid pressure – would come in at $5400 (£3800) each and disc bells, which hold the disc to the axle, cost ($2800) £2000 each. The accelerator and brake pedals cost just over £7000. A whole F1 brake system can therefore set you back as much as $66,000 (£55,000). Cost: $78,000 (£55,000) TyresA set of F1 tyres will cost $3000 Grand Prix Photo Bespoke F1 tyres are not cheap. Designed for optimum performance for a limited number of laps, they are produced by Pirelli. The Italian firm’s slick ‘Dry’ tyres are available in either soft, medium or hard compounds — the exact specification of which can change from race to race. Softs offer the most grip but their performance drops off before hard tyres, which offer a slower laptime but more durability. Pirelli also produces Wet and Intermediate tyres for damp conditions. PS: “I was actually in a meeting with [Pirelli Head of F1] Mario Isola this morning and we were talking about costs. He said it costs €600 (£520) per tyre.” Cost: $3000 (£2080) per set Additional costs: Wheel bearings / chassis wiring looms / driveshaftsA single wheel bearing will cost £1,100 Antonin Vincent / DPPI We’ll spare you the full list of ancillaries required to make a Formula 1 car run, but the long list of small components quickly adds up. PT: “One that might surprise you is a chassis loom, that would cost £25,000. A wheel bearing would costs £1100 each, whilst driveshafts cost about £7000.” Additional costs: $51,000 (£36,000) Total cost of an F1 car : $20.62m (£14.58m)How much does F1 car cost?The Real Deal - an actual F1 car
Sticking an actual price tag on a current F1 car is difficult. An F1 team may spend $145.6 million (just adjusted for higher transportation costs plus inflation) in the 2022 season.
Are F1 2022 cars faster?The 2022 Formula One cars were supposed to be three to five seconds slower than the 2021 cars, but it turns out that's not quite the case. The designers have already done a good job this year, as the top has stayed pretty close to last year's times.
How much is Ferrari F1 car?The Real Deal - an actual F1 car
Sticking an actual price tag on a current F1 car is difficult. An F1 team may spend $145.6 million (just adjusted for higher transportation costs plus inflation) in the 2022 season.
How much does it cost to build F1 car?How much does an F1 car cost? Well, 14 million dollars will get the components of an average Formula One car. You will have to put fuel in the tank to drive the car.
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How much does a F1 car cost 2022
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