How do Formula 1 Teams Make Money?

  • нийтэлсэн 2 сарын өмнө

    The Racing Pilot

    Үргэлжлэх хугацаа: 11:37

    Money rules Formula 1. And the teams must need A LOT of it to have success. But how do Formula 1 teams make money? And do they even make a profit at all? And is the whole financial format of F1 going to change with the budget cap? Stick around as I dive into all the various costs and incomes of an F1 team and look at whether Formula 1 teams actually make money...
    0:00 Money in Formula 1
    2:11 Costs of an F1 team
    3:50 Revenues of an F1 team
    8:10 How much did Mercedes make in 2019?
    8:55 How does each team stack up?
    9:48 The effect of the budget cap
    10:45 Conclusion
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    #Money #Formula1 #F1

Anthony Quigley
Anthony Quigley

Formula is a Joke it's going to be dead in a few years... if Ferrari or Mercedes pulled out of the sport, the sport would be dead. As There'd only be 3 teams left. I don't understand it... whats the point having 10 teams, when 6 - 7 of them are using the current or older engines and components of the top 3??? Literally there's 3 teams in the sport, and one of them is about to pull out if this season doesn't go well. (Renault Alpine). That leaves 2 Engine Manufacturers to provide 10 teams with engines. Now, they COULD COMPLETELY revive the sport, if they homologated all the engines so either ferrari or mercedes HAD to be the engine supplier for all teams, but all on a level playing field. No favors for the ferrari team etc. But at the moment... it's haning on by a thread. I'm serious... mercedes could leave the sport now, and that would take 10 to 12 cars off the grid... ANd the sport would be finished for a few years until new engine manufactureres came in on a level playing field.

10 цагийн өмнө
The Racing Pilot
The Racing Pilot

Yes I see where you are coming from, but in the case of Mercedes what would most likely happen is they leave the sport as a team but remain as an engine manufacturer like before 2010. But I get your point that F1 is quite vulnerable 👍

2 цагийн өмнө
bob llopple
bob llopple

i dont understand why would a team like racing point or williams even compete if they dont have a product to make money off of/benefit from the marketing of racing in f1... idr believe anyone is dumping millions purely for the passion of the sport

Өдрийн өмнө
bob llopple
bob llopple

@The Racing Pilot really?? thats just crazy i mean mad respect to that ij always assumed there was some angle where they made money off competing as well...thanks for answering!

19 цагийн өмнө
The Racing Pilot
The Racing Pilot

Well Racing Point is now Aston Martin so that makes sense but for Williams it's purely because they love racing

Өдрийн өмнө
Chuck Puckett
Chuck Puckett

I would only give one small critique, pick one currency and stick with it.

5 өдрийн өмнө
The Racing Pilot
The Racing Pilot

My apologies 🙋‍♂️

5 өдрийн өмнө
Adel Maiden
Adel Maiden

Who the hell watches the renault f1 team and says " you know what, I'm going to by a megane rs"

10 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Maybe not yourself but quite a lot of people 😂😂

10 өдрийн өмнө
Akshay Dalimbe
Akshay Dalimbe

Earned a like and a subscriber. Thanks for the info mate.

11 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Awesome! Thanks mate 👍

11 өдрийн өмнө
5Oblivion
5Oblivion

"if a team or driver has a terrible reputation, sponsors won't go near them." *Shows Mazepin on screen* Perfect XD

12 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Of course 😂😂

11 өдрийн өмнө
João Pedro Bento
João Pedro Bento

Great video! Thanks.

12 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks mate 👍

11 өдрийн өмнө
Autogrande
Autogrande

Great Video! ❤

12 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks!

12 өдрийн өмнө
Rafael Polanco
Rafael Polanco

Great explanation, would love to see a breakdown of each spending/revenue category. Keep up the good work :)

12 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks! Really appreciate it 🙌

12 өдрийн өмнө
christian fry
christian fry

Isn’t it possible that the bog 3 teams broke even or made a loss because they made an investment into R&D? Or had to pay a big bonus to people near end of their contracts? You should have analyzed several years of data not just one

12 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Well of course, the reason they break even is because making a profit is counterintuitive, it means you haven't used up all your resources.

12 өдрийн өмнө
Pwnage
Pwnage

i love how lewis's paycheck is in its own category

14 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Haha it is quite large

13 өдрийн өмнө
breadfruittree
breadfruittree

Any idea of what percentage sales merch accounts for?

15 өдрийн өмнө
The Racing Pilot
The Racing Pilot

I think it's only a few million so fairly small in the grand scheme of things 👍

15 өдрийн өмнө
TheTigrguy62
TheTigrguy62

Love the financial aspect

16 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Awesome! Watch out for a new video today!

16 өдрийн өмнө
Esau Joya
Esau Joya

Is there actual data that shows that consumers are more likely to buy a specific car brand based on the brands F1 performance on the track ? How do they quantify that ?

17 өдрийн өмнө
Esau Joya
Esau Joya

@StreetDreamzTT I can totally see how that happens. I guess I would totally buy into a brand if I'm really passionate about a racing team and I could afford it.

13 өдрийн өмнө
StreetDreamzTT
StreetDreamzTT

Not f1 related but I was a big fan of Mitsubishi in the 90s rally days. Soon as I got my license, I was looking for used evos. Even tho at that time, they had left rallying. I guess spectators form a type of bond with brands over time and gain a sense of pride by using their products. Or “buy into the club” to feel like they are part of the group? Some buy hats, others buy the car lol

13 өдрийн өмнө
The Racing Pilot
The Racing Pilot

It's very hard to quantify, almost impossible but I'm sure there are estimates out there 👍

17 өдрийн өмнө
The Car Industry
The Car Industry

F1 working as marketing? Why not just put your ROAD cars on LeMans?

18 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Because they would lose, very badly 😂

18 өдрийн өмнө
Questchaun
Questchaun

They let rich men pay for driver spots for their kids.

19 өдрийн өмнө
The Racing Pilot
The Racing Pilot

That's Formula 1!

19 өдрийн өмнө
journey N story
journey N story

That's a lot of money which can run faster than me...

19 өдрийн өмнө
journey N story
journey N story

@The Racing Pilot keep it up guys..👍 nice content 👍

19 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Yep 😂😂

19 өдрийн өмнө
Samin Sifat
Samin Sifat

New fan here. Who was the driver on the *cough* *cough* picture? Mick Schumacher?

20 өдрийн өмнө
The Racing Pilot
The Racing Pilot

👍

19 өдрийн өмнө
Samin Sifat
Samin Sifat

@The Racing Pilot Thank you. Read up on him after...😯

19 өдрийн өмнө
The Racing Pilot
The Racing Pilot

No thats Nikita Mazepin 👍

20 өдрийн өмнө
Nadzrin Puad
Nadzrin Puad

hurm, petronas do much more than advertise. Mercedes uses their oil lubricant and gas, and that make their engine performance differ from other team ..

20 өдрийн өмнө
The Racing Pilot
The Racing Pilot

I never said they didn't 👍

20 өдрийн өмнө
Alan Stuck in Australia
Alan Stuck in Australia

You really need to get over Lewis Hamilton's pay check

21 өдрийн өмнө
Alan Stuck in Australia
Alan Stuck in Australia

@The Racing Pilot Thank you for coming back to me, please let me explain myself, with social media today, it is very easy to criticise other people, people who have not only worked hard, but also definitely have more talented than me. You also fall in to this category. You are working hard here and your skills at presentation are very good, not only that, you listened to feedback. In my humble opinion, the perfect traits for success, I hope you do well in the future and I apologise for being rude before

20 өдрийн өмнө
The Racing Pilot
The Racing Pilot

I literally have no problem with it its just a joke 😂

21 өдрийн өмнө
Mohamed BENNMER
Mohamed BENNMER

Good stuff! I always asked this question and you broke it down beautifully! Well done 👍🏼

21 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Awesome, thanks for watching!

21 өдрийн өмнө
Vladeta Vitirović
Vladeta Vitirović

I am 666k views

22 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thank you 🙌🙌

22 өдрийн өмнө
EmMc
EmMc

Thx bro for this video! MEGA BIG LIKE!!!

22 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Awesome! Thanks for watching 👍

22 өдрийн өмнө
Michel Bruns
Michel Bruns

Those drivers, in contrast to normal athletes, deserve the money, they might literally die

23 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Absolutely

23 өдрийн өмнө
SwitchMultiMedia
SwitchMultiMedia

Very cool video. Got a new Sub here Boooooooom! Smashed!

24 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching!

23 өдрийн өмнө
34
34

Great investigation, thanks for the video.

25 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching!

25 өдрийн өмнө
Michael King
Michael King

Wouldn’t it be better if they took all that money and adopted kittens? Something could be done to keep us from having to see those Sarah McLachlan commercials ever again.

26 өдрийн өмнө
The Racing Pilot
The Racing Pilot

😂😂

26 өдрийн өмнө
Michael King
Michael King

They print it....Well their owners do.

26 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Hmmm dunno about that 🤔

26 өдрийн өмнө
Josef Huber
Josef Huber

successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

26 өдрийн өмнө
C L
C L

Wait Josef Huber, you mean to tell me I can’t just become rich and successful overnight with zero work or effort? Boy we sure are lucky that you’re here to set us all straight mister. Who knew success took “hard work and “hustle over time” what incredible insight and wisdom, did you come up with that all by yourself? Would have never thought. Good thing you took the time to enlighten us all in your YouTube comment. I mean what would we do without your profound revelation. Success takes hard work? Now that’s a new idea we may have never heard if it wasn’t for your totally important and not stupid waste of time comment.

18 өдрийн өмнө
Tabushka
Tabushka

@Perseen juti It's the newest type of spam comment on youtube. I've been seeing these comments saying "investment is how you become rich, but crypto, buy stocks etc..." and then in the replies they will recommend "professionals" that they hired to make a profit... it's funny to see this being the top comment right now and it being hearted by the uploader, I guess he doesn't know about the nature of these comments or else he wouldn't have done that

19 өдрийн өмнө
Perseen juti
Perseen juti

Wtf is this bullshit? Mr Cedric lol

24 өдрийн өмнө
The Racing Pilot
The Racing Pilot

👍

26 өдрийн өмнө
Edith alvarez
Edith alvarez

I base in USA 🇱🇷 and I hear people are making a lot of cash from forex trading

26 өдрийн өмнө
Hakan Cihan
Hakan Cihan

"Give or take a few hundred grand" me over here not even having a grand on hand 😪

26 өдрийн өмнө
The Racing Pilot
The Racing Pilot

You're not alone on that 😂

26 өдрийн өмнө
just me
just me

F1 has to be the most expensive sport per participant. all that money so two people can drive round in circles 20-odd times a year? Given the logic presented, it really surprises me that there isn't a wider search for talented drivers. There are numerous pay drivers who would have been better off watching the race on telly. Given how skewed the driver selection process is, you can't help but think there must be hidden gems out there?

26 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Absolutely, but money talks in formula 1 so you could be the next Lewis Hamilton but if you don't have the backing then you don't have a chance. Something needs to change for sure

26 өдрийн өмнө
SandhoeFlyer
SandhoeFlyer

Er £3,000,000 for a credit card size ad on a car..

27 өдрийн өмнө
SandhoeFlyer
SandhoeFlyer

@The Racing Pilot I was in Flavio's office having lunch at his desk when the apiring client asked how much, the answer? £3,000,000 for a display add the size of a credit card on the Renault F1 car...

26 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Pretty much 😂

26 өдрийн өмнө
Yael Sapphire Circle
Yael Sapphire Circle

Loved the video! I’ve actually wondered for a long time! Thanks!

27 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching! 🙌

27 өдрийн өмнө
dav banks
dav banks

I'm so broke I can't even pay attention.

27 өдрийн өмнө
The Racing Pilot
The Racing Pilot

😂😂

27 өдрийн өмнө
Tyron Rhoden
Tyron Rhoden

Great video I learned a lot thanks

27 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching 👍

27 өдрийн өмнө
Eduardo Miranda
Eduardo Miranda

so the smaller teams are just there to be defeated by the bigger teams, not really racing, I love F1 dont get me wrong, but not just because I like it I will say it is a fair sport.

28 өдрийн өмнө
The Racing Pilot
The Racing Pilot

But surely that's just the same as football and many other sports?

28 өдрийн өмнө
Austin Leiphart
Austin Leiphart

I would like to see budget caps with fewer restrictions on things such as powertrain development. It would be interesting to see how things would go if we said you have 1 liter of displacement and a budget of 145 million. See what you can do with this fuel flow. All other things are open, number of cylinders, layout.. etc. Let engineers have some fun.

28 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Yeh definitely, that would be interesting

28 өдрийн өмнө
Mojo-Hand
Mojo-Hand

The FIA is so concerned with bringing about greater parity through spending caps and technical limitations. However those FOM payments look like the most egregious factor in ensuring that parity is not possible.

28 өдрийн өмнө
The Racing Pilot
The Racing Pilot

They are changing the model of the prize money slightly too 👍

28 өдрийн өмнө
Ahmed dakhil
Ahmed dakhil

Q. How can Mercedes or Ferrari for ex. cope with such drastic drop in expenditure? even with covid still on.

29 өдрийн өмнө
The Racing Pilot
The Racing Pilot

They've offset a lot of employees into different projects such as Formula E or Indycar 👍

29 өдрийн өмнө
Alvin Otim
Alvin Otim

Missed the chance to say "Toto revenue"😅

29 өдрийн өмнө
The Racing Pilot
The Racing Pilot

😂😂

29 өдрийн өмнө
Geoff Pedder
Geoff Pedder

Stick to one currency! Hard to follow when it changes to pounds

29 өдрийн өмнө
The Racing Pilot
The Racing Pilot

Apologies 🙋‍♂️

29 өдрийн өмнө
HURRICANE SHOW
HURRICANE SHOW

so much deductibles...

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The Racing Pilot
The Racing Pilot

Yep 👍

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Paul Allen
Paul Allen

Great vid

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The Racing Pilot
The Racing Pilot

Thanks 👍

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ThatCarGuy
ThatCarGuy

So is it safe to say F1 teams are non-profit organizations?

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The Racing Pilot
The Racing Pilot

You could say so possibly but they are used to make profit in the bigger picture

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Михаил Иваницкий
Михаил Иваницкий

Didnt get FOM. How these money were generated before splitting between teams?

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Михаил Иваницкий
Михаил Иваницкий

@The Racing Pilot i think this is interesting part where could be provided more details deep dive in tickets prices etc. Etc etc.

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The Racing Pilot
The Racing Pilot

Circuits, TV rights, tickets and various other things 👍

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Pykle Five
Pykle Five

The sticky case literally wreck because david jointly approve minus a scarce earthquake. glamorous, opposite ticket

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The Racing Pilot
The Racing Pilot

Yes

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Roland van Tol
Roland van Tol

Redbull Sells poison!!!

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The Racing Pilot
The Racing Pilot

I wouldn't say it's quite poison 😂😂

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JC
JC

Important to mention that the new budget cap doesn’t include drivers salary and marketing

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The Racing Pilot
The Racing Pilot

Correct 👍

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Erik Nilsen Aamot
Erik Nilsen Aamot

This was just a first class video, together with what makes F1 so expensive. Just loved it :)

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The Racing Pilot
The Racing Pilot

Thanks so much! 🙌

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Norbert Németh
Norbert Németh

no offense but £ is pounds and you say dollars :)

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The Racing Pilot
The Racing Pilot

Yeh apologies for that 🙋‍♂️

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Ernest Hemingway
Ernest Hemingway

Don't think you can make any money

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The Racing Pilot
The Racing Pilot

It is possible but it doesn't make sense to

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Aditya Ashok
Aditya Ashok

And Petronas a gasoline company who just does sponsorship and not getting them gas

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The Racing Pilot
The Racing Pilot

No Petronas actually does supply Mercedes with petrol and other lubricants 👍

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Aditya Ashok
Aditya Ashok

F1 is just for advertising their brand like Haas and red bull a toolkit company and a energy drink company like why tf are they in racing rather than selling their drinks and stuff

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The Racing Pilot
The Racing Pilot

Exactly 👍

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Orange7825
Orange7825

Very insightful content, thank you

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The Racing Pilot
The Racing Pilot

Thanks for watching!

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Michael Grant
Michael Grant

I don’t think the budget cap will affect the bog three That much

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Michael Grant
Michael Grant

@The Racing Pilot in how teams go about the business but I do think the same teams will be at the top.

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The Racing Pilot
The Racing Pilot

Yeh I don't think it'll be enormous but might make some difference

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EightSix
EightSix

nice vid~

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The Racing Pilot
The Racing Pilot

Thanks mate!

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MrChippinator
MrChippinator

Two things that stand out. 1. You keep getting pounds and dollars mixed up. Although you still prove your point that there isn’t much to made here. 2. Certain, very wealthy individuals, like say Lawrence Stroll, are likely using F1 as some sort of tax write off. Other than that, I do appreciate this video, in some businesses, you need to spend a lot to make a little.

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MrChippinator
MrChippinator

@The Racing Pilot no need to apologize, I thoroughly enjoyed the video. Just a couple things you missed, a lot of potential here! Cheers!

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The Racing Pilot
The Racing Pilot

Apologies 🙋‍♂️

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Arthik Alexander
Arthik Alexander

Don't the teams make any money from Merchandising?

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The Racing Pilot
The Racing Pilot

Yep they make some 👍

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chris dixon
chris dixon

How do race teams make money? Short answer, they don't.

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The Racing Pilot
The Racing Pilot

Pretty much

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Eduardo Neto
Eduardo Neto

Fantastic video.

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The Racing Pilot
The Racing Pilot

Thanks Eduardo!

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jabuar
jabuar

New to F1, but wouldn't budget caps help companies who have already invested billions in R&D?

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jabuar
jabuar

@The Racing Pilot So by this logic, most companies currently have the same technological level in regards to their engines, etc.?

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The Racing Pilot
The Racing Pilot

Not really, it would stop larger companies from investing any more and help smaller teams invest the same amount as usual with greater effect

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andy mina
andy mina

Anyone else think the finances relate to offshore accounts, dodgy financing and tax write offs?

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The Racing Pilot
The Racing Pilot

Possibly

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andy mina
andy mina

This reminds me of athletic interest

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The Racing Pilot
The Racing Pilot

Thanks! That's one of my favourite channels 👍

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Michael Murray
Michael Murray

I would like to break down my comment into 4 sections

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The Racing Pilot
The Racing Pilot

I'm confused

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Ralph Averill
Ralph Averill

I think if an F1 team, or any race team for that matter, shows a profit of any size, the accountant is fired. Profits are taxed, so bury them someplace and "break even."

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The Racing Pilot
The Racing Pilot

Or re invest them back into the team because then it's just wasted opportunity

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PlayMoreGuitar
PlayMoreGuitar

Can't believe it took you 11:37 to say "they don't"

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The Racing Pilot
The Racing Pilot

Early April Fools prank 😉

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kam6511
kam6511

Great video

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The Racing Pilot
The Racing Pilot

Thanks!

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Jamie Shannon
Jamie Shannon

Salaries are self explanatory but I'll go and explain them anyway.

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The Racing Pilot
The Racing Pilot

Some people want to hear it. Be mindful of that 👍

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Ade Olaitan
Ade Olaitan

What about the audience who paid their money to come and watch race in terms of revenue?

Сарын өмнө
The Racing Pilot
The Racing Pilot

That will go to the circuits and Formula 1 itself 👍

Сарын өмнө
Dan Chipps
Dan Chipps

Thank you for the break down, I have been wondering about if they where actually profitable

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching!

Сарын өмнө
Kaws Expo
Kaws Expo

The round bronze symptomatically crash because yellow characteristically press a a idiotic salesman. male, alleged coil

Сарын өмнө
The Racing Pilot
The Racing Pilot

Yes

Сарын өмнө
Yunan
Yunan

So the drivers talent would be more important than ever huh. I'm all for that.

Сарын өмнө
The Racing Pilot
The Racing Pilot

That's the plan, but I guess we'll see

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k c
k c

Had to put this on 1.75x speed. Too much unnecessary explanations... “making money requires working and receiving compensation for rendered services and goods...”

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The Racing Pilot
The Racing Pilot

Some people want to hear that, be a bit mindful 👍

Сарын өмнө
Adarsh Saraf
Adarsh Saraf

Man I really respect you for responding to almost all comments

Сарын өмнө
The Racing Pilot
The Racing Pilot

Of course! It's the least I can do

Сарын өмнө
Swapnil Jain
Swapnil Jain

Nice video mate do bring these kinds of videos showing financial side of sports team.

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching!

Сарын өмнө
Joehari Amer
Joehari Amer

F1 in 2021 is totally rubbish We need pure V8, V10, V10 sound, Not V6 turbo sound like my fart...

Сарын өмнө
The Racing Pilot
The Racing Pilot

Well sadly that's never gonna happen so let's look forwards 👍

Сарын өмнө
Georgi Pehlivanov
Georgi Pehlivanov

I have always wondered! That was super video. Thanks mate!

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching 👍

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Alex Rand
Alex Rand

Awesome

Сарын өмнө
The Racing Pilot
The Racing Pilot

👍

Сарын өмнө
idnpedia
idnpedia

A lot of money for a hobbies. xD

Сарын өмнө
The Racing Pilot
The Racing Pilot

Well that's just Kimi 😂

Сарын өмнө
Pykle Five
Pykle Five

The present lead postoperatively jam because butane naturally hop under a lackadaisical comparison. sad, ritzy fish

Сарын өмнө
The Racing Pilot
The Racing Pilot

Yes

Сарын өмнө
Mridul Methani
Mridul Methani

Very Informative. Thumbs up

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching! 👍

Сарын өмнө
Pykle Five
Pykle Five

The psychedelic mask intuitively sail because manicure progressively drum unto a historical club. elated, fluffy shorts

Сарын өмнө
The Racing Pilot
The Racing Pilot

Yes

Сарын өмнө
Martin Lewis
Martin Lewis

I though Ferrari got sponsored by Dulux (Red)

Сарын өмнө
The Racing Pilot
The Racing Pilot

Not that I'm aware of 😂

Сарын өмнө
MR BTT
MR BTT

I loved this

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks! 👍

Сарын өмнө
Trueno AE86
Trueno AE86

Can we just agree that F1 is the most complicated sport

Сарын өмнө
Trueno AE86
Trueno AE86

@The Racing Pilot for sure but that's what makes it so great too

Сарын өмнө
The Racing Pilot
The Racing Pilot

There are a lot of variables I'll give you that

Сарын өмнө
senojelyk
senojelyk

Formula 1 marketing is a complete flim-flam. They sell the sport as a drivers competition when it's real and only function is a marketing vehicle for car manufacturers and various louche brands. The way to actually give the fans the drivers competition they want is to put the drivers in a different car every weekend. Pay the drivers based on how they perform over the season. The most skilled drivers will naturally rise to the top, and the best manufacturers will shine as well when driver after driver achieves podiums driving their cars.

Сарын өмнө
The Racing Pilot
The Racing Pilot

I gotta disagree with you, in F1 now the best drivers find themselves at the best teams and the teams like Mercedes deserve to be winning because they are run better than any other

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Jim Wolfe
Jim Wolfe

Thank you for explaining the financial side of F1, I just sub'd your channel.........

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching!

Сарын өмнө
The Sailor
The Sailor

U have 0 knowledge

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks!

Сарын өмнө
Anirudh Tale
Anirudh Tale

Why would a driver pay to the racing team to drive their car? Any answers for this.

Сарын өмнө
The Racing Pilot
The Racing Pilot

So they can drive in Formula 1, the greatest honour anyone can have in the motorsport world 👍

Сарын өмнө
TheLayman
TheLayman

The problem is when the entry level is to expensive the talent pool becomes smaller. It becomes "we are not competing against the best in the world but the best who could afford it." I am of course referring to drivers. How can anyone claim to be the best at something if the sport they are in has a lower and lower talent pool every year.

Сарын өмнө
The Racing Pilot
The Racing Pilot

Agreed, grass roots needs to be more accessible

Сарын өмнө
Al J Pelayo
Al J Pelayo

Awesome video and the style of video

Сарын өмнө
The Racing Pilot
The Racing Pilot

Thanks for watching!

Сарын өмнө
Nabil Sheikh
Nabil Sheikh

Ferrari originally starting making road cars to fund F1, not to advertise their company.

Сарын өмнө
The Racing Pilot
The Racing Pilot

Yep correct, but that's changed decades ago 👍

Сарын өмнө
Katlego Kgaye
Katlego Kgaye

I wouldn't be surprised if there is money laundering here 😂

Сарын өмнө
The Racing Pilot
The Racing Pilot

Ya never know 😂😂

Сарын өмнө
Prince of Fulham
Prince of Fulham

The last point about the translation between F1 and road cars was spot on. You can see this in the priorities of certain car markets relative to F1 interest. In the UK, France, Germany, and Italy (and sometimes Japan), the consumer car market for performance cars mainly revolves around the engineering of the car (balance, handling, 0-60). In the US, the biggest performance car consumer market (and generally, the car market) are more focused on safety features, longevity of the engine, fancy interior, idiotic design that was put through a wind tunnel upside down, and embarrassing turbo noises. F1 interest in the US must be top priority for the FIA if the future of performance cars is to be secure (look at how BMW has already cracked under US consumer demands to embarrassing enormous grill designs).

Сарын өмнө
The Racing Pilot
The Racing Pilot

Exactly 🙌🙌

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Pranay Jadhav
Pranay Jadhav

WTF so less views for the video🤔

Сарын өмнө
The Racing Pilot
The Racing Pilot

Wait are you saying it should have more or less 😂

Сарын өмнө
Steven Hernandez
Steven Hernandez

Enjoyed this breakdown ! Good to know.... smh Ferrari 68 million

Сарын өмнө
The Racing Pilot
The Racing Pilot

Yeh it's crazy isn't it 😂

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Michael Brown
Michael Brown

Hamilton’s salary won’t be sustainable under the budget cap.

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The Racing Pilot
The Racing Pilot

Well the budget cap doesn't include driver salaries so shouldn't affect it

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Michael Brown
Michael Brown

Poor Hamilton. He is so oppressed with his anti police rhetoric. He needs to make double his pay. Sarcasm

Сарын өмнө
The Racing Pilot
The Racing Pilot

😐

Сарын өмнө
Tyler Evans
Tyler Evans

How long until mclaren get the long standing team bonus? Since they’ve been in the sport since the late 60’s right

Сарын өмнө
The Racing Pilot
The Racing Pilot

That's a good question and I'm not too sure actually 👍

Сарын өмнө
Gabriel Paixão
Gabriel Paixão

Sponsorships are meant to be a double-sided profitable business. Sports in general make tons of money from sponsors because when a champion displays a brand while carrying a trophy, people will automatically link that brand to success. Also there's all the TV and Media appearance which works a lot better than a billboard in a street.

Сарын өмнө
The Racing Pilot
The Racing Pilot

Correct 👍

Сарын өмнө

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