| Budgets and Expenses in Formula1 |
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In March 2007, F1 Racing published its annual estimates of spending by Formula One teams. The total spending of all eleven teams in 2006 was estimated at $2.9 billion.
This was broken down as follows;
- Toyota $418.5 Million
- Ferrari $406.5 M
- McLaren $402 M
- Honda $380.5 M
- BMW Sauber $355 M
- Renault $324 M
- Red Bull $252 M
- Williams $195.5 M
- Midland F1/Spyker-MF1 $120 M
- Toro Rosso $75 M, and
- Super Aguri $57 M
Costs vary greatly from team to team; in 2006 teams such as Honda, Toyota, McLaren-Mercedes and Ferrari are estimated to have spent approximately $200 million on engines, Renault spent approximately $125 million and Cosworth's 2006 V8 was developed for $15 million.
In contrast to the 2006 season on which these figures are based, the 2007 sporting regulations ban all performance related engine development.
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Cost to build an F1 car
| Parts |
Single price |
Needed |
Total amount |
| Monocoque |
$117.900 |
1 |
$117.900 |
| Bodywork |
$8.500 |
4 |
$34.000 |
| Rear wings |
$12.900 |
10 |
$129.000 |
| Front wings |
$21.500 |
10 |
$215.000 |
| Engine |
$214.300 |
22 |
$4.708.000 |
| Gearbox |
$128.600 |
4 |
$514.400 |
| Exhaust |
$11.600 |
22 |
$255.620 |
| Telemetrie |
$107.150 |
1 |
$107.150 |
| Fire extinguisher |
$3.200 |
1 |
$3.200 |
| Brake disks |
$1.200 |
120 |
$144.000 |
| Brake lining |
$190 |
240 |
$45.600 |
| Brake saddle |
$2.200 |
8 |
$17.600 |
| Wheel |
$1.300 |
50 |
$65.000 |
| Tire |
$650 |
448 |
$291.200 |
| Shock absorber |
$1.300 |
48 |
62.400 |
| Pedals |
$2.200 |
1 |
$2.200 |
| Dashboard |
$3.200 |
1 |
$3.200 |
| Steering |
$4.300 |
1 |
$4.300 |
| Mirror |
$650 |
2 |
$1.300 |
| Steering wheel |
$320 |
1 |
$320 |
| Tank |
$10.700 |
1 |
$10.700 |
| Under work |
$8.600 |
10 |
$86.000 |
| Suspension |
$1.300 |
40 |
$52.000 |
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