![]() ![]() The FIA has also been making changes in the rules governing the expenditure of the teams.įrom 2022, rules that were originally slated to come into place from 2021 (before Covid-19 hit) are aimed at significantly reducing the costs of building an F1 car, to help level the playing field between manufacturers. If the performance of the car is not good enough, even very good drivers will not be able to score points in a Grand Prix. The recovery of this large amount depends on only one factor: the performance of the teams Formula One car. All teams, big and small, will naturally want to cover as much of this amount as possible through sponsorship. The top three teams will be reportedly spending close to the $145 million cost cap to race in 2021, while some smaller teams will still struggle to reach that amount. On the other hand, an F1 team can use just two cars per season. But they sell hundreds of thousands of cars of a single model. Even as the cars are competing today in the 2021 Formula 1 season, engineers will be developing cars for the 2022 Formula 1 season.Ĭompanies developing road cars also do research and development. Research and development is a continual process. Constructors only reveal the cost of the engine block. The components are together called a power unit. But the engine of the car is not only the engine block. Although the cost of the main components of a Formula One car can come to over 14 million dollars, constructors try to mask the total in order to avoid penalties by the FIA ( Fédération Internationale de l’Automobile).įor example, the FIA has put a ceiling on the cost of an F1 car engine at $15 million. ![]()
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