Why do Formula 1 cars cost so much?

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  • Опубликовано: 28 июн 2024
  • Have you ever wondered why Formula 1 cars cost so much? I'm talking millions and millions of dollars. The cost of a Formula 1 is so much for many reasons, obviously the fact Formula 1 is one of the most lucrative sports in the world helps to push up the Formula 1 car cost. You never know, you might learn a thing or two!
    0:00 Introduction
    1:00 How much does each part cost?
    3:15 Formula 1 vs other motorsports
    4:20 Why F1 cars cost so much...
    6:44 Why is the engine so much?
    7:18 Conclusion
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    Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. There are certain scenes from the Formula 1 calendar where race footage is used. All rights are property of FOM. Other photos and news elements are used solely for the purpose of assisting the original content in becoming more engaging or informative. This video is not intended to cause offence and is solely for entertainment purposes. Using this video without giving credit to the original source is an offence.
    #F1Car #Formula1 #Money
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Комментарии • 224

  • @me.onceagain9024
    @me.onceagain9024 3 года назад +136

    "Having the best engine will win you titles"
    Tell that to williams 😂

  • @ilybosa
    @ilybosa 2 года назад +64

    Sainz: “Ay bro, I got a new Porsche”
    Leclerc: “has anybody seen my front wing?”

    • @TheRacingPilot
      @TheRacingPilot  2 года назад +2

      😂😂

    • @StephenParsey
      @StephenParsey Год назад

      Binotto: Carlos, you’re fired. I thought it was clear your should buy a FERRARI with that money! 😉

  • @TheRealGirlWeeb
    @TheRealGirlWeeb 3 года назад +81

    tbh, my reaction to "if i gave you 12m, what would you buy" was "i'd never have to work again. i could completely focus on making music for the rest of my life"

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +2

      Fair enough 😂😂

    • @Accept_Any_Bribe
      @Accept_Any_Bribe 2 года назад +1

      Before that happen my friend, just make RUclips channel and comment on every video possible. Like ray mak did

  • @DavidGarcia-oi5nt
    @DavidGarcia-oi5nt 3 года назад +54

    No wonder Toto was mad at Georgie boi for ramming bottass in the rear hehe

  • @andyvettel4375
    @andyvettel4375 3 года назад +44

    Well I guess the complexity of the parts and the materials used definitely shoot up the cost also I get that Sainz golf reference

  • @shaneetsaha1176
    @shaneetsaha1176 3 года назад +36

    What if someone gave you 12 M £ ?
    Kids: Well buy a lot of Lego 😂

  • @yahyarajaee5883
    @yahyarajaee5883 3 года назад +11

    I really love your videos man. I still can’t believe your channel is new.

  • @arfuzzaman
    @arfuzzaman 3 года назад +15

    Well those F1 engines run soo close to the edge of what's attainable with gasoline and are pinnacle of ICE technology on this whole planet soo it makes sense that they're worth 10 million

  • @OCL131
    @OCL131 3 года назад +2

    Love this mate. Top work again

  • @kavithaamudhan1503
    @kavithaamudhan1503 3 года назад +4

    Great video as usual
    Keep up the good work :)

  • @ReactFever
    @ReactFever 3 года назад +3

    amazing video as usual :)

  • @matigutierrezochoa
    @matigutierrezochoa 3 года назад +2

    Thank you for the info. I'm from Argentina and I love F1. I use your videos to practice my English skills.

  • @jexter2395
    @jexter2395 3 года назад +5

    great video!!

  • @feliperacing7146
    @feliperacing7146 3 года назад +1

    Great video mate!!

  • @karthikraja1483
    @karthikraja1483 3 года назад +2

    Great video mate. 🤩

  • @juliuseder8365
    @juliuseder8365 3 года назад +3

    nice video!👍

  • @jamespatterson6972
    @jamespatterson6972 2 года назад +6

    That's freakin' crazy! Somebody is getting paid hand over fist. The HALO cost a whopping $17,000. Steering wheel at$100,000.
    _I read somewhere that 10 years ago carbon fiber cost about $150 per pound. As of 2020, the average total production cost of carbon fiber is in the range of $7.00-$9.00 per pound._

  • @Tj930
    @Tj930 3 года назад +7

    I had no clue the cars were soooo expensive. But the engines?!
    Wow.
    Great video

  • @kevj745
    @kevj745 2 года назад +1

    Channel is so underrated

  • @michaelhiggins7072
    @michaelhiggins7072 3 года назад +5

    I think that is a very cheap number to put on the car considering the teams spend up to half a billion dollars a year

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +2

      Sure, in comparison to the total amount it's nothing. But it's still $10.5 million...

  • @ytsub7
    @ytsub7 3 года назад +2

    Try using reeeaally dim background music for more dramatic effect. Nice video!

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +1

      I'll make sure to make it a bit quieter 👍

  • @S85B50Engine
    @S85B50Engine 3 года назад +4

    To be fair, for that money I'd get a Nurburgring Pack LFA and a Gemera. And with the rest get a classic Alfa and BMW collection.

  • @sallamoussa9395
    @sallamoussa9395 3 года назад +24

    AMAZING video
    12 millions$??😳😳😳
    Bottas and Russell crushed both 24 millions$😁

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +2

      Yep that was an expensive crash 😂😂

    • @w1nterf0x_19
      @w1nterf0x_19 3 года назад

      The engines are unsalvageable from a crash that big...or maybe they can salvage some parts?

    • @pjquinn9953
      @pjquinn9953 3 года назад

      @@w1nterf0x_19 merc reportedly salvaged the engine

    • @brois841
      @brois841 3 года назад +1

      It doesn't quite cost them $24m, because a huge part of that are the development costs, not the manufacturing costs. The teams cost to manufacture another engine is a fraction of what was quoted here, it's just that if you divide up the total costs by the number of engines they end up being expensive. These things aren't mass-produced.

    • @Vilakazi
      @Vilakazi 3 года назад

      @@brois841 you started off saying why it isn't $24 M and then you went in circles to the point where you justified why it's $24 M. Lol.

  • @gwn_ayrton6966
    @gwn_ayrton6966 2 года назад +4

    just imagine how much the crash in silverstone most have cost

  • @Tinqing
    @Tinqing 2 года назад +1

    I would use the 12 million to start a racing career. Cool sim racing setup en kart races. Build my way up.

  • @aayushjain3731
    @aayushjain3731 3 года назад +3

    Very informative Video. BTW Do you reply to every comment?

  • @shaneetsaha1176
    @shaneetsaha1176 3 года назад +3

    I just thought about one thing mate, what if FIA add some sort of international series where drivers like Lewis Hamilton, Max Verstappen all drive for their national teams. Suppose ‘Team Great Britain’ has Lewis and Lando, with ‘Team Spain’ having Sainz and Alonso.... and so on with another 10, 15 countries it’d add a bit of ‘FIFA WORLD CUP’ feeling, making automobile motorsport more popular.

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +2

      That's how racing began back in the early 20th century! But yes that would be very cool

    • @TheRealGirlWeeb
      @TheRealGirlWeeb 3 года назад

      @@TheRacingPilot or something like A1GP. That existed for a bit too.

    • @mochachino56
      @mochachino56 2 года назад

      @@TheRealGirlWeeb man i miss A1GP. Iirc it only last 2006-2009

  • @user-db1pn4ky2b
    @user-db1pn4ky2b 3 года назад +2

    Mate could you make a video on how Fernando Alonsos cycle crash may affect his come back

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      To be honest I don't think it's affected him at all 😬

  • @uweheinrich6784
    @uweheinrich6784 3 года назад +3

    great video.....and good content....Let's bring back V10 with 20,000 RPM and save costs for the engine.....

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Thanks, yeh I think those days are behind us, let's look forwards!

  • @Manuqtix.Manuqtix
    @Manuqtix.Manuqtix 2 года назад +1

    Can the same amount of money and resources be spent on building interstellar space crafts?
    What sort of space craft could be manufactured?

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      I'm sure it could, but that's NASA's job 😂

  • @Ferroni03
    @Ferroni03 3 года назад +9

    I would build me a Go-Kart track with 12 Million

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +1

      Yeh that's a good shout to be fair 😂

  • @ZontarDow
    @ZontarDow Год назад +1

    IndyCar isn't 3 million for a chassis, it's about 350,000$, 3 million is the lower end cost of a full season.

    • @TheRacingPilot
      @TheRacingPilot  Год назад

      Exactly, the chassis is $350,000 but the total cost of an indycar factoring in the engine is $2-3 million 👍

    • @ZontarDow
      @ZontarDow Год назад

      @@TheRacingPilot The engines are about 100,000$, the 2-3 million figure is for a backfield full season operation that'll go through about 8 engines if they don't destroy any in a wreak.

  • @bigcncguy
    @bigcncguy Год назад +1

    I’d buy a house and a industrial location and fill it with cnc machines so I can make F1 parts

  • @dado380
    @dado380 2 года назад +2

    R25 is still the pinnacle of F1 after all this years!!

  • @korratheaustralianshepherd5804
    @korratheaustralianshepherd5804 2 года назад +1

    if given 12million. I'd take 90K straight up for the tools and software to home build a ford gt mk40 or BAC mono, take about 120K for operating costs over the course of a 2 year window, take an additional 100K for marketing and business investing for community outreach, and put the rest into a high yield index fund and silver

  • @hyri3188
    @hyri3188 3 года назад +1

    *„How much’s the engine? 10 mil ah okaWAIT 10 MILLION DOLLAR?!“*

  • @GRSusano
    @GRSusano 2 года назад +1

    Pretty simple really.
    It can cost this much because it WILL be purchased no matter the price.

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      Well that's referring to retail of a car. I'm talking about cost of building 👍

  • @tacoflash71
    @tacoflash71 2 года назад +1

    This might need to be Adjusted due to the New Type of Car This Season if might cost Even More or the same

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      True, but roughly it would be similar 👍

  • @vishvendrarathore132
    @vishvendrarathore132 3 года назад +1

    How many engines are used in a car in whole season?

  • @bartender_99
    @bartender_99 2 года назад +1

    12.2M dollar car and joining rac e cost 300k-400k dollar 😭

  • @MuhammadNiz007
    @MuhammadNiz007 3 года назад +1

    But can you explain how Mercedes-benz petrons F1 team spent 440 million dollar in 2019?

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +1

      Check out my video about how F1 teams make money! It's on my channel 👍

  • @Error90
    @Error90 3 года назад +1

    0:40 Are the mechanics and the pit-crew not the same guys?

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Nope, the pit crew are a separate group of guys 👍

    • @Error90
      @Error90 3 года назад

      ​@@TheRacingPilot In every article or documentary I've seen its the mechanics and engineers that have to setup the car on the grid and then get into the box and wait to to the pitstops.

  • @Ghost3XHunter
    @Ghost3XHunter Год назад +1

    12 mil?? ummm my hole life and the life of my childrens and
    grandchildes?!

  • @sharmitmacwan911production6
    @sharmitmacwan911production6 2 года назад

    Simple answer
    Charity 😊

  • @gregoryrogers.21
    @gregoryrogers.21 3 года назад

    Can you do Alain Prost next?

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      I'm my next Icons of Motorsport video? Yeh I could do 👍

    • @snesprime6339
      @snesprime6339 3 года назад

      @@TheRacingPilot or fangio

  • @snesprime6339
    @snesprime6339 3 года назад +1

    I'd build a small track and buy a Kart. Some tires and fuel. The rest of the money, I would give my parents.

  • @jamesgaby5552
    @jamesgaby5552 Год назад

    I am a fan of F1 racing, and I want to see how much cost a F1 Ferrari car! :)

  • @GertvandenBerg
    @GertvandenBerg 3 года назад +1

    An entire F2 team might be a another way to spend that much money...

  • @gurkaran9871
    @gurkaran9871 3 года назад +1

    I would buy but it's not Street legal 😶

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Haha yeh that's the main reason I can't get one 😂👀

  • @paulturkington1899
    @paulturkington1899 4 месяца назад +1

    So the steering wheel is worth the same as my entire car hahahah. 😂

  • @mutegikimathi6258
    @mutegikimathi6258 2 года назад

    Broke my calculator converting those sums to my local currency...

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      Well seeing as calculators can't covert currency that's probably right 😂😂

  • @shaneetsaha1176
    @shaneetsaha1176 3 года назад +2

    If someone gave me 12M £, I’d *start up* some motorsport company, if I only I bring a car, then where can I drive it, not on usual roads definitely 😆

  • @ibrahimabubakar5873
    @ibrahimabubakar5873 10 месяцев назад

    Wow amazing content🫡

  • @ismaeelranderee2776
    @ismaeelranderee2776 3 года назад +1

    Id buy a koenigsegg jesko and a couple of other sports cars

  • @denissvenson4872
    @denissvenson4872 2 года назад +1

    My knee,s are ten thousand for each knee

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      What? 😂😂

    • @robertc2204
      @robertc2204 Год назад

      That's cheap. My mas double knee replacement when she got her EOB it showed her medicar and insurance paid $250k damn

  • @mikhailgonsalves9321
    @mikhailgonsalves9321 2 года назад +1

    0:54 😂 loved the carlos reference

  • @alecjones4135
    @alecjones4135 2 года назад

    video title: Why do things cost money?

  • @manangadhia8378
    @manangadhia8378 3 года назад +1

    "Golf"

  • @sohambelge8318
    @sohambelge8318 3 года назад +2

    I will buy my seat in haas with 12 million dollars

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +1

      I don't want any part of that team 😂

  • @King-er7ef
    @King-er7ef 2 года назад +2

    17,000 for a halo lol wtf

  • @AAa-cf1oe
    @AAa-cf1oe Год назад

  • @lukeh2440
    @lukeh2440 3 года назад

    Thought It’d be more expensive tbh

  • @duk2k
    @duk2k 3 года назад +1

    Why .2 tho?

  • @suitable_shorts_Inc
    @suitable_shorts_Inc Год назад +2

    With 12 million I’d buy a wife so she could make me poor again 🥀

  • @darkness_1984
    @darkness_1984 2 года назад +1

    but somany cars totaly destroed durring the seasn...thats number not reasnoble

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      This is the cost to build a car 👍

    • @darkness_1984
      @darkness_1984 2 года назад

      @@TheRacingPilot so if they lost 10 cars in the season that will cost the team 12.000.000.0 dollar😳😳 ...only for cars dameges

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      Yes but it's very rare that that happens, where every bit of the car is damaged beyonf repair

  • @lilianheyward2314
    @lilianheyward2314 3 года назад +26

    Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investment are easiest way to make money irrespective of which party makes it to the oval office.

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Thanks for watching! 👍

    • @lilianroberts3243
      @lilianroberts3243 3 года назад

      For real crypto is profitable

    • @rendyben9939
      @rendyben9939 3 года назад

      I wanted to trade Crypto but got confused by the fluctuations in price

    • @morrisgodfrey5291
      @morrisgodfrey5291 3 года назад

      @@rendyben9939 That won't bother you if you trade with a professional like Mr WILLIAMS OWEN

    • @y.n4851
      @y.n4851 3 года назад

      I heard that he strategies are really good

  • @tobialabi01
    @tobialabi01 Год назад +1

    I would buy low cost homes

  • @VZ-Warrior_Soul
    @VZ-Warrior_Soul 2 года назад

    More like 140 million. Redo the math
    Tires only $2700 ! I paid my tires for my 2022 corvette aftermarket summer rims/tires 22k, so that alone doesn’t make sense.

    • @TheRacingPilot
      @TheRacingPilot  2 года назад +1

      As I explained, I am referring to the cost of building a car. Not running a team 👍

    • @VZ-Warrior_Soul
      @VZ-Warrior_Soul 2 года назад

      @@TheRacingPilot I hear ya. All good.

  • @lameloball2867
    @lameloball2867 2 года назад +1

    Haas car cost 750,000 i bet

  • @ostinspauerss1977
    @ostinspauerss1977 2 года назад

    65 million euro

    • @TheRacingPilot
      @TheRacingPilot  2 года назад

      Why did you say that?

    • @ostinspauerss1977
      @ostinspauerss1977 2 года назад

      I watched Dokumentary movies.F1 car 65 000 000 euro.Engine $ 10 000 000.Bugatti Veiron la voire cost 16,7 million euro.> Formula 1 ...$ 12 million ????????????

    • @ostinspauerss1977
      @ostinspauerss1977 2 года назад

      @@TheRacingPilot chanel Carwow ,f1 car v1200 hp Lamborghini v1300hp Gt-R Nismo;drag race

  • @iamblueberrycheesecake
    @iamblueberrycheesecake 2 года назад +1

    Is this with tax already? :o

  • @Spyderz-xo9rz
    @Spyderz-xo9rz 2 года назад +1

    150 grand for a front wing...I mean I get it the testing paying for it to be made the people but still that is alot.I mean you can buy an after market carbon fiber bumber for a honda civic for a heck of a lot less than an F1 car hahahaha ut ya HAAS broke a few last Season hahahaha

  • @Jerry-tg2lj
    @Jerry-tg2lj 3 года назад +2

    i wonder how much you could bring an f1 car down in price if you made lots of them, using economies of scale and robots to make them

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Yeh that would be interesting, so hard to tell

  • @snesprime6339
    @snesprime6339 3 года назад +2

    Halo costs as much as a used car😂

  • @handsome_corgi964
    @handsome_corgi964 2 года назад

    Lol the tyres are so cheap that disgust me

  • @RebeccaCampbell1969
    @RebeccaCampbell1969 3 года назад

    450 VW Golfs?
    Uhh, and there goes F1 cars crumble down into pieces for such a poor taste comparison 🤣

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Haha I tried to think of the most generic car... And Carlos likes a Golf 😂

  • @SimRacingVeteran
    @SimRacingVeteran 3 года назад +1

    It’s actually much more than 12.2 million. That’s a parts only cost, the car itself but you haven’t factored in all the RND costs to get there. The cost of your engineers, factories and tools, CNC machines ect. All your failed research and development parts needs to be also factored into the costs of the car. Come out with new bits to add to the car don’t always get you desired results, well whether the upgrades worked or not you still spent money to develop said part.
    It’s more in the 60-80 million dollar range for an F1 car.
    But sure for arguments sake the car itself in a standard package without any other costs would be 12.2 million. Let’s be real though you’re not buying an F1 car without the rest that comes with it.

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +1

      If you watch the whole video I talk about exactly that. I explain why the figure of $12.2 million is correct.

  • @vedasamhitmatta8261
    @vedasamhitmatta8261 3 года назад +3

    Next time if mazepin crashes,I am gonna cry.
    Not that I like him but the car is freakin' expensive😭😭

    • @TheRacingPilot
      @TheRacingPilot  3 года назад +1

      It is very damaging for sure!

    • @vedasamhitmatta8261
      @vedasamhitmatta8261 3 года назад +1

      Well ,that was a fast reply🔥🔥🔥 .
      Keep doing the good stuff ,bro

  • @BobbyGeneric145
    @BobbyGeneric145 3 года назад

    It really explained nothing.

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Thank you for that very constructive and helpful comment.

  • @GurkiratXSingh
    @GurkiratXSingh 3 года назад

    wasted 8 minutes of my life.

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Thanks for commenting! It really helps the video get shown to more people and get more views 👍

  • @jakebrooks6312
    @jakebrooks6312 3 года назад

    overpriced

    • @TheRacingPilot
      @TheRacingPilot  3 года назад

      Why? It's only priced at that because of how much it costs to build

  • @ThePoushal
    @ThePoushal 2 года назад

    Safe to say you have no clue what you're talking about..

    • @TheRacingPilot
      @TheRacingPilot  2 года назад +1

      Hahahaha thanks for that 👍 a good 30,000 people seem to wanna hear what I have to say

  • @jolandadekwaadsteniet7246
    @jolandadekwaadsteniet7246 3 года назад

    Bad sport!!!!