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How do Formula 1 Teams Make Money? 

The Racing Pilot
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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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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.
#Money #Formula1 #F1

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20 июн 2024

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Комментарии : 2,1 тыс.   
@bobdevreeze4741
@bobdevreeze4741 3 года назад
There has been a saying i remember from my childhood some 60 years ago. " How do you make a small fortune racing? Answer: Start with a large fortune.
@TheRacingPilot
@TheRacingPilot 3 года назад
Exactly right, that's the only way
@giodc8599
@giodc8599 3 года назад
It's the same with every racing, at all levels. Even the smallest category of racing on 2 wheels can get very expensive for a mere mortal. Such a shame, really.
@Dkrooney1081
@Dkrooney1081 3 года назад
Makes Hamilton’s achievements all the more greater
@hayat5734
@hayat5734 2 года назад
Íhhhhg
@ComradeHellas
@ComradeHellas 2 года назад
@@jimmyfranco43 good one
@drew425
@drew425 3 года назад
Mercedes: Spends over $145 million FiA: Fines Mercedes for spending to much Mercedes: Pays the fine and continues to over budget FiA: *suprised pikachu*
@TheRacingPilot
@TheRacingPilot 3 года назад
I assume the punishment will be more than a fine...
@L3BNaNi
@L3BNaNi 3 года назад
Actually FIA be like verbal warning
@MrChippinator
@MrChippinator 3 года назад
That’s essentially what the MLB has done with their “luxury tax.” Probably all that will come out of this.
@drew2046
@drew2046 3 года назад
I believe you forgot the season dsq
@jout738
@jout738 2 года назад
I think FiA then will come to take to themselves the money, that Mercedes spent to over budget to make their car better and faster to have easier chance to win again their boring 1 and 2.
@sindhusojan8225
@sindhusojan8225 3 года назад
I think Ferrari spends their money on finding new ways to mess up.
@TheRacingPilot
@TheRacingPilot 3 года назад
😂😂
@bhaskarajagadhita133
@bhaskarajagadhita133 3 года назад
Italian engineering much? 😁
@carloyu232
@carloyu232 3 года назад
Hahaha
@torquethetalk
@torquethetalk 3 года назад
watch how quickly people like you jump off the mercedes bandwagon and join red bull or others when they start to win races. Or better yet, why dont people like you do some proper research and discuss why the FIA has allowed Mercedes to continue their development of their engine over 7 years ago when the same engine was used in another motoring championship? Giving Mercedes the edge over any other F1 team. Oh the politics of it all
@Senrabekim
@Senrabekim 3 года назад
@@torquethetalk We all know that the FIA authority figures are just supremely intimidated by Toto looming over them, glaring and then growling, "Fuck off." Obviously nothing shady to see there.
@Kub5008
@Kub5008 3 года назад
you get on average 15-20 sponsors: Haas 2021: *crying cat thumbs up*
@TheRacingPilot
@TheRacingPilot 3 года назад
😂😂😂
@Adityapilot93
@Adityapilot93 3 года назад
*cries in nikita mazepin
@nandadwirendragraha1210
@nandadwirendragraha1210 3 года назад
well haas surely has a huge sponsors judging from theirblivery
@davidwilliams3659
@davidwilliams3659 3 года назад
Daddy maze pins company will be giving quite a large amount of money
@grantgomes2431
@grantgomes2431 3 года назад
Sponsored by Russia
@Jaxymann
@Jaxymann 3 года назад
"if a team or driver has a terrible reputation, sponsors won't go near them." *Shows Mazepin on screen* Perfect XD
@TheRacingPilot
@TheRacingPilot 3 года назад
Of course 😂😂
@spareal
@spareal 3 года назад
you misspelled mazespin
@azraelfranco4412
@azraelfranco4412 2 года назад
he's the sponsor's son tho
@seminky5341
@seminky5341 2 года назад
Yet Grossjon the french ididot stays soooooo long
@lisasommer7982
@lisasommer7982 2 года назад
Hehe. Uralkali Likes Mazespin xD
@servingcant
@servingcant 3 года назад
I read the title as ‘How F1 fans make money’ that’s how broke I am.
@TheRacingPilot
@TheRacingPilot 3 года назад
😂😂 I feel you
@sigungajoshua6149
@sigungajoshua6149 3 года назад
Judith - Motorsport is an Insurance Business... If you make it your business it will bring you business #RacingPilot
@andrieslouw3811
@andrieslouw3811 3 года назад
And where o where do they decide ticket prices. Thats if we are ever allowed back into the arena.
@james2578
@james2578 3 года назад
broke enough to have internet.
@victoriawilliamsh1632
@victoriawilliamsh1632 3 года назад
Why waste your time with losers investors when you can earn up too $1200 with only $100 minimum investment Ask me how to get started
@samyooel3079
@samyooel3079 3 года назад
Honestly I’m really doubting if Mercedes can maintain their dominance with only $145m , it’s been so long since they haven’t had a near unlimited budget
@TheRacingPilot
@TheRacingPilot 3 года назад
Exactly, it's going to be incredible if they do...
@letsseetofindout2560
@letsseetofindout2560 3 года назад
i think they can
@eurasiansovann
@eurasiansovann 3 года назад
They'd still be on top but the gap between teams will be much closer like the 80s and 90s.
@redherring4119
@redherring4119 3 года назад
They and Ferrari (in particular) could be in big trouble. The gap between what they spend currently and what they will have to spend from 2022 is too large. Unless the vast majority of what they've been spending on has not been R&D or Engine related which I highly doubt. Its the last great hope for levelling the playing field.
@alinnson3256
@alinnson3256 3 года назад
@@redherring4119 they said their engine is. Much better than before but time will tell
@thkiwi1
@thkiwi1 2 года назад
Most of teams don't care if they make loss,because their biggest gain is making the brand stronger to the consumer, very classic indirect profit 👍
@TheRacingPilot
@TheRacingPilot 2 года назад
Exactly 👍
@lazthegreat10
@lazthegreat10 8 месяцев назад
No one is buying a car due to formula one
@mala1s6003
@mala1s6003 8 месяцев назад
​@@lazthegreat10I do
@torresthemonster
@torresthemonster 7 месяцев назад
@@lazthegreat10he’s saying brand image, like their brand is more recognized
@lavernmbutura9558
@lavernmbutura9558 7 месяцев назад
@@lazthegreat10 speak for yourself.
@lucasgillbergkling8667
@lucasgillbergkling8667 3 года назад
"every team has around 15 to 20 sponsors", Haas: are you sure about that?
@TheRacingPilot
@TheRacingPilot 3 года назад
😂😂
@zodinpuiaralte8118
@zodinpuiaralte8118 3 года назад
🤣🤣
@toufeeqsalie4578
@toufeeqsalie4578 2 года назад
Steiner: "f@#king hell"
@mojo-hand4539
@mojo-hand4539 3 года назад
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.
@TheRacingPilot
@TheRacingPilot 3 года назад
They are changing the model of the prize money slightly too 👍
@Banjo56
@Banjo56 Год назад
I was thinking the same thing when watching it. If the lowest teams gets a substantial amount lower to invest into R&D, how are they supposed to catch up?
@sohambelge8318
@sohambelge8318 3 года назад
6:23 on average 15 Haas2021 :pain
@TheRacingPilot
@TheRacingPilot 3 года назад
😬😬😬
@alexmarty6138
@alexmarty6138 2 года назад
How many do they have ?
@alexgreen6481
@alexgreen6481 3 года назад
Normal F1 teams: sponsors and entering races Racing point: Daddy’s cash will help
@TheRacingPilot
@TheRacingPilot 3 года назад
Pretty much 😂
@Camo1691
@Camo1691 3 года назад
Go look at Haas, they have basically no sponsors, Aston Martin has plenty
@GloomGaiGar
@GloomGaiGar 3 года назад
Nothing wrong with that.
@xiquotic1711
@xiquotic1711 3 года назад
Haas is going the same route with their new venture. One need only look at the one Haas driver who certainly hasn't merited his 2021 seat.
@shawnperepelytz6397
@shawnperepelytz6397 3 года назад
Shitty small man syndrome comment. How is it an insult that someone’s parents are better than yours. Do some research, he’s clearly a talented young driver as well.
@roastingminer6919
@roastingminer6919 3 года назад
Haas: we dont do that here
@TheRacingPilot
@TheRacingPilot 3 года назад
😂😂😂
@docgaming6152
@docgaming6152 3 года назад
The things Force India/Racing Point/Aston Martin have been able to do with a comparatively small budget is incredible
@TheRacingPilot
@TheRacingPilot 3 года назад
It really is, they are so efficient as a team generally
@kyte2000
@kyte2000 3 года назад
Aston Martin don't know what R&D is. They just copy what Mercedes does
@notmenotme614
@notmenotme614 3 года назад
Depends what your definition of a small budget is.
@mangeshchalan8786
@mangeshchalan8786 3 года назад
@@kyte2000 well you know WHy china is so successful?!
@thelaymaneveryman
@thelaymaneveryman 3 года назад
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.
@TheRacingPilot
@TheRacingPilot 3 года назад
Agreed, grass roots needs to be more accessible
@lingtondaniel
@lingtondaniel 3 года назад
That Aston Livery looks Sick 🔥
@TheRacingPilot
@TheRacingPilot 3 года назад
I really does 😁
@joshuapilotin7183
@joshuapilotin7183 3 года назад
Even alpine livery looks good.
@drewp.weiner2473
@drewp.weiner2473 3 года назад
Looks like garbage
@nicechasinchasegods7051
@nicechasinchasegods7051 3 года назад
Indeed it does
@abyss18
@abyss18 3 года назад
@@drewp.weiner2473 lmao ur daft
@nilmarkacain
@nilmarkacain 3 года назад
The budget cap is one of the good move by FIA to have a fair competition
@TheRacingPilot
@TheRacingPilot 3 года назад
I really hope it works in the long run 🙌
@tysonmcgee1891
@tysonmcgee1891 Год назад
@@TheRacingPilot lmao
@Shaown456
@Shaown456 3 года назад
When you look at Alpha Tauri, you also have to consider that main engine R&D and the costs associated with it is also shared with Red Bull cause of the Honda engine and Alpha’s status as a Red Bull junior team
@TheRacingPilot
@TheRacingPilot 3 года назад
Correct, and that would be involved in the production costs 👍
@jopsball-turret6969
@jopsball-turret6969 2 года назад
Basically like NASCAR. “Win on Sunday, sell on Monday.” It’s gonna be hard to top how exciting this year has been in F1, but I’m looking forward to the new regs. Plus nascar is going to new composite bodies to lower cost and even competition. These are all great things for race fans. Super video, thanks!
@TheRacingPilot
@TheRacingPilot 2 года назад
Absolutely, thanks for watching!
@FormulaJuan75
@FormulaJuan75 3 года назад
0:00 flat earthers: money is a paid actor.
@TheRacingPilot
@TheRacingPilot 3 года назад
Yes 😂😂
@arpandrozario7959
@arpandrozario7959 3 года назад
Pay money to money? Yep, going round.
@Heisenberg2K
@Heisenberg2K 3 года назад
Earth is round.
@TheBrightRedFox
@TheBrightRedFox 3 года назад
Great breakdown of the financial aspect of F1. I really enjoyed the content here. A lot of what makes F1 interesting for me is the things going on behind the scenes as well as the actual racing. Keep it up!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Dyl! Really appreciate it 🙌🙌
@ladyphoenix9752
@ladyphoenix9752 2 года назад
Same here...love the 2sec Pits and total respect to the logistics teams ✅
@edoardonuvolone9392
@edoardonuvolone9392 3 года назад
I'm Italian and this video came out on my home page by chance. Mamma mia how much quality is this video, I don't believe you have so few subscribers, keep it up and you will grow a lot. You are very good, a greeting from Italy (and always forza Ferrari)💪💪🔝
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Edoardo! Really appreciate it 🙌
@celderson734
@celderson734 3 года назад
yeah. I agree. Really high-quality video. Well done!! I have just subscribed.
@aaryanrahman1833
@aaryanrahman1833 3 года назад
Ciao. Amico. Rome ?
@edoardonuvolone9392
@edoardonuvolone9392 3 года назад
@@aaryanrahman1833 No, Sanremo, a little town near France
@adarshsaraf9844
@adarshsaraf9844 3 года назад
Man I really respect you for responding to almost all comments
@TheRacingPilot
@TheRacingPilot 3 года назад
Of course! It's the least I can do
@JustCarlJ
@JustCarlJ 3 года назад
I think f1 might be the hardest sport to compete as an owner. I mean, there are some team in the past that join but ultimately fail. I wonder if teams such as monaco or panthera that wanted to join F1, how long does it take to reach the level of top teams or midfield teams
@TheRacingPilot
@TheRacingPilot 3 года назад
Absolutely, the sheer millions even just to join the sport is massive. But I guess that's the point, they don't want loads of teams 👍
@dragonkrieg4444
@dragonkrieg4444 3 года назад
ask Haas.
@JC-kz3ut
@JC-kz3ut 3 года назад
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).
@TheRacingPilot
@TheRacingPilot 3 года назад
Exactly 🙌🙌
@duncan345
@duncan345 2 года назад
Yep I've been saving up to go buy a red bull car
@davidrountree9326
@davidrountree9326 2 года назад
American car design has always been atrocious, I would be embarrassed to own one. Bit like their Indycar series
@matthewwilliams8859
@matthewwilliams8859 3 года назад
I was wondering about this, then it popped up in my suggestions, thanks man, great video!
@TheRacingPilot
@TheRacingPilot 3 года назад
Well thanks for watching Matthew 👍
@retrocalico
@retrocalico 3 года назад
Been watching F1 since the mid 80s. I think your videos are bloody brilliant. This was super interesting and well put together. Keep up the good work mate 💪
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Johnny! Really appreciate it 🙌
@QuackLoud
@QuackLoud 2 года назад
This is amazing information. I've been following F1 for 40 years and this is the first time I've heard an explanation of how this works. Great job. Thank you.
@TheRacingPilot
@TheRacingPilot 2 года назад
Brilliant! Thanks for watching 👍
@irem4124
@irem4124 Год назад
This video is well-prepared with editing, finding excellent visual content and statistics. Thank you for your work. Love that and hope for the more updated version.:))
@TheRacingPilot
@TheRacingPilot Год назад
Thanks so much! I really appreciate you saying that 🙌
@sheikmohamedamanulaa3898
@sheikmohamedamanulaa3898 3 года назад
This channel is going to explode one day..... Proud to be one of the earliest
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks! I hope so 🙌
@Outlaw_SEO
@Outlaw_SEO 3 года назад
Love it. Great breakdown. I always got bored watching the actual race, but these kind of facts make things much more interesting.
@TheRacingPilot
@TheRacingPilot 3 года назад
Glad to make it more interesting for you! 👍
@caio4337
@caio4337 2 года назад
Amazing video. Just what I was looking for
@TheRacingPilot
@TheRacingPilot 2 года назад
Great thanks for watching!
@callisto8232
@callisto8232 2 года назад
So informative and clearly explained - thanks!
@TheRacingPilot
@TheRacingPilot 2 года назад
Thanks for watching!!
@KeiraMegan
@KeiraMegan 3 года назад
This video was so interesting! It’s crazy the money they’re playing with, unreal amount. I still think the long standing payment is way too high and so irrelevant!
@TheRacingPilot
@TheRacingPilot 3 года назад
It really is mad how much money these teams have! Thanks Keira 🙌
@gokhansenaolivia
@gokhansenaolivia 3 года назад
irrelevant? no ferrari means no f1. it is simple as that.
@KeiraMegan
@KeiraMegan 3 года назад
@@gokhansenaolivia no one said Ferrari shouldn’t be here, Ferrari don’t deserve millions of pounds more.
@rb3872
@rb3872 3 года назад
It is not an irrelevant payment if it is for everyone. Total pot divided by the total number of seasons the teams are competing in f1 and then distribute these parts among the teams equal to the number of seasons they have been competing. That way you value your heritage and benchmark and support future loyalty. In that scenario Ferrari would still take the bulk of the money, but on merit. Now it is very unfair.
@Jac5inCo
@Jac5inCo 3 года назад
Ferrari dislikes this comment.
@anime5h_m1shr4
@anime5h_m1shr4 9 месяцев назад
Wonderful video. Thank you!
@chifabrice3738
@chifabrice3738 Год назад
Thank you. I watched it this August 2022 an I loved it. I'm looking to understand all the technicalities in F1 like I do with football and other sports that are common here in Africa.
@TheRacingPilot
@TheRacingPilot Год назад
Awesome! I've got many more videos that are similar on my channel 👍
@eMeSCZ
@eMeSCZ 3 года назад
Amazing vid as always RP. I'm soo happy you decided not to take the "easy" path and just talk about current f1 topics that get the most views but instead you provide original well thought content. You're my fave f1 ytber, keep it up!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Emes! I find this a really interesting topic so I would have thought there's at least some put there that think the same! 😂👍
@launchpadmarzari2521
@launchpadmarzari2521 3 года назад
Maybe short five minute videos expanding on each of the revenue streams
@TheRacingPilot
@TheRacingPilot 3 года назад
Yeh I could do 👍
@JayJay7728
@JayJay7728 3 года назад
Absolutely love your videos, very informative. Keep it going, thanks.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching Jason! 🙌
@YSapphireGroup
@YSapphireGroup 3 года назад
Loved the video! I’ve actually wondered for a long time! Thanks!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching! 🙌
@KingofWolves3277
@KingofWolves3277 3 года назад
Hi RP, I'm surprised the Merchandise side wasn't mentioned as this is how teams make money as well ( and this side has been hit hard by the pandemic)
@TheRacingPilot
@TheRacingPilot 3 года назад
Well purely because it's such a small amount of revenue compared to the other factors 👍
@eck0hcobra15
@eck0hcobra15 3 года назад
@@TheRacingPilot is it really that small though? F1 and it's teams sell a huge amount of Merch at very large margins. Care to speculate on numbers?
@andrewgta5358
@andrewgta5358 3 года назад
@@TheRacingPilot Fez sold $1.5 billion in global merch sales in 2019 record sales, so they would have received a fair payment from that alone, plus their $245million sponsorship deals then prize money so I'm sure they never broke even lol
@GloomGaiGar
@GloomGaiGar 3 года назад
@@eck0hcobra15 It should not be that big because the teams don't make the shirts themselves.
@maiktendo6512
@maiktendo6512 8 месяцев назад
Repent for your sins and have faith in Jesus and you shall have eternal life in paradise
@aaronseet2738
@aaronseet2738 2 года назад
Yeap like my late dad said, F1 is essentially a real-life advertisement for most teams to intice viewers to buy their car brands. It's difficult to calculate that translation process. Also, the technologies innovated in racing eventually make it to mainstream car engineering for various benefits.
@TheRacingPilot
@TheRacingPilot 2 года назад
Absolutely, your dad was a smart man!
@emobassist
@emobassist 2 года назад
I mean you can't buy a red bull or haas
@mindlo2079
@mindlo2079 3 года назад
Thank you for this. It is great to know. I've always focused on the sport.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching Mandla 👍
@streetballplayer100
@streetballplayer100 2 года назад
Thank you for breaking down this interesting topic)))
@TheRacingPilot
@TheRacingPilot 2 года назад
Thanks for watching 👍
@SpoogieMac
@SpoogieMac 3 года назад
Great video, there are a few other revenue streams in there I reckon. Merchandise sales for popular teams will be significant. Licensing their brand to model company's and top companies etc will also bring addition revenue.
@TheRacingPilot
@TheRacingPilot 3 года назад
Yes there are many more but I wanted to be concise 👍
@tgw230
@tgw230 3 года назад
What a well put together video, thank you for simplifying things in an easy to digest format. Top-level production quality as well.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks a lot! Really appreciate it 🙌
@ufukildir7599
@ufukildir7599 2 года назад
Thank you so much.I've learned a lot from this amazing well made video.
@TheRacingPilot
@TheRacingPilot 2 года назад
Great, thanks for watching!
@CoolProductsExpress
@CoolProductsExpress 7 месяцев назад
this is very helpful!!! thank you so much
@TheRacingPilot
@TheRacingPilot 7 месяцев назад
Thanks for watching 🙌
@oftengone
@oftengone 3 года назад
Thank you for your work! Very informative and enjoyable to watch. I love Ferrari but I won't be surprised if they eventually cheat the budget cap too lol
@TheRacingPilot
@TheRacingPilot 3 года назад
Lol yeh fair enough 😂😂
@HScilLambert
@HScilLambert 3 года назад
Good job, pretty good video! It would be really interesting to have a similar one analyzing how FOM makes money as well and what are the figures involved.
@TheRacingPilot
@TheRacingPilot 3 года назад
Could definitely do that in the future! 👍
@deadpool1908
@deadpool1908 3 года назад
Very nicely done video Mate, thank you very much for the insight. Keep doing good work ! 👍💪
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks mate 🙌
@simonmartinez2733
@simonmartinez2733 3 года назад
Excellent video. Thank you
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks a lot! 🙌
@polavarapusrikant1346
@polavarapusrikant1346 3 года назад
This is really a great video. Thanks for explaining the business side of F1. But I think u have missed on the profits made by Mercedes, Ferrari on engine and gearbox supplies.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thats included in the 'sponsors and tech partners' section 👍
@Patrick4Gooner
@Patrick4Gooner 3 года назад
As a marketing professional, I absolutely LOVE this video! Learnt so much from it never knew so many teams break-even and didn't have heavy losses compared to most major football clubs.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Jason! Glad to get feedback from an actual expert, and yeh I learnt a few things too!
@markdoldon8852
@markdoldon8852 2 года назад
You're referring to European foottball? I assure you no Anerican NFL team runs much risk of losing money
@superdinkydoo
@superdinkydoo 11 месяцев назад
I thought Man U were owned by Americans
@shaxzodziyadullayev9115
@shaxzodziyadullayev9115 2 года назад
That is one the best videos i have ever watched. Splendid!
@TheRacingPilot
@TheRacingPilot 2 года назад
Thanks a lot mate! 🙌
@mikew735
@mikew735 3 года назад
Really cool vid, just started watching this year and vids like this are quite helpful.
@TheRacingPilot
@TheRacingPilot 3 года назад
Awesome! Welcome to the sport 🙌
@sirekay4292
@sirekay4292 2 года назад
I never knew there was this much going on behind the sences. Interesting
@TheRacingPilot
@TheRacingPilot 2 года назад
It really is, Formula 1 is a business after all!
@Riz1Vlogs
@Riz1Vlogs 3 года назад
Great video ! Loved how you broke everything down in a simple way. Just have to point out that nearly every single report online says Mercedes made a profit in 2019. Keep up the great Vids !!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching Rizwan! Yeh I saw those reports too but I decided to use the figures from racefans.com which showed a loss 🤷‍♂️
@Riz1Vlogs
@Riz1Vlogs 3 года назад
@@TheRacingPilot oh that's cool then. I trust racefans know what they saying because it's an awesome site. Keep up the great content. Hope to see more amazing stuff now F1 is about to kick off again ! Have a great weekend 👍
@giulliamellocandidodeolive2613
@giulliamellocandidodeolive2613 3 года назад
amazing video! thank you!!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching Guillia! 👍
@georgipehlivanov8016
@georgipehlivanov8016 3 года назад
I have always wondered! That was super video. Thanks mate!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching 👍
@VinayakMaraj
@VinayakMaraj 3 года назад
Very well done and professionally made video mate! I'm very proud of your work, and I know the hard work will pay off. Remember me when you get famous please!😊
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks so much Vinayak! Really appreciate it mate 🙌
@zakmirza
@zakmirza 3 года назад
Really good video - and nice summary of the costs explained.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Zak! Appreciate it 🙌
@eriknaamot
@eriknaamot 3 года назад
This was just a first class video, together with what makes F1 so expensive. Just loved it :)
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks so much! 🙌
@RafaelPolanco
@RafaelPolanco 3 года назад
Great explanation, would love to see a breakdown of each spending/revenue category. Keep up the good work :)
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks! Really appreciate it 🙌
@csrt7774
@csrt7774 3 года назад
Love these financial videos, also probably makes you more money in adsense hahaha keep em coming
@TheRacingPilot
@TheRacingPilot 3 года назад
Possibly 👀
@mikka497
@mikka497 3 года назад
Very Informative. Thumbs up
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching! 👍
@CreepersCanFly.
@CreepersCanFly. 8 месяцев назад
Banger video mate 🔥
@_totallynotscott
@_totallynotscott 3 года назад
with the budget cap, isn’t there a clause that people such as lewis aren’t calculated? something about top personnel excluded? i think remember that from a broadcast
@TheRacingPilot
@TheRacingPilot 3 года назад
Yep. Driver and director salaries aren't included 👍
@markdoldon8852
@markdoldon8852 2 года назад
It's drivers plus to 5 or 6 other top salaries. They can spend through the roof on those. One thing I'd like to see a video on is the discussion that lead to the absolutely bizarre and unprecedented "historis committment" payment to Ferrari. The company that has gained the most from F1, which is most tied to the series, whoe entire business model is linked to winning races, needs a massive bribe, equivalent to more than the Constructors championship pays? What pressure did the prancing stallion apply to get that awarded?
@justintimbersaw3934
@justintimbersaw3934 3 года назад
Bruh, F1 is definitely pay to win too. The big boy (Mercedes) budget for 2019 or 2020 was around 400 millions. And Haas have around 100 mechanics and engineers while Merc have nearly 300.
@TheRacingPilot
@TheRacingPilot 3 года назад
Correct, it's pay to play then also pay to win 👍
@deathknightsqf32
@deathknightsqf32 2 года назад
All team sports are usually pay to win..
@tarunreddy2031
@tarunreddy2031 2 года назад
Lol, thats like saying teams like utd, arsenal, chelsea have more scouts, better facilities, better player mgmt than a derby county or bolton etc. Successful teams attract that like with anything in life. Ofcouse american sports are an exception coz of cap but even there, players keep forcing moves all the time to play for glamour frachises in big cities. So its never really an even field
@spncrkln
@spncrkln 3 года назад
This was really informative. Thank you!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching!
@muhammadmusataulani7412
@muhammadmusataulani7412 3 года назад
Great info thanks.. A big fan from Kudat Sabah Malaysia
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching!
@DROGOC0P
@DROGOC0P 3 года назад
It always puzzled me how teams made so much money from such a "small" fan base (compared to other major sports). thanks for the video, really clear
@TheRacingPilot
@TheRacingPilot 3 года назад
Well Formula 1 is one of most viewed sports in the world so I reckon it makes sense
@bumerstudent
@bumerstudent 2 года назад
@@TheRacingPilot soccer is the most watched and most popular sport in the world
@yoshiman12232
@yoshiman12232 2 года назад
@@bumerstudent He said "one of"
@maiktendo6512
@maiktendo6512 8 месяцев назад
If you Repent for your sins and have faith in Jesus and you shall have eternal life and joy in heaven ✨️ 😊😮
@PwnageJ
@PwnageJ 3 года назад
i love how lewis's paycheck is in its own category
@TheRacingPilot
@TheRacingPilot 3 года назад
Haha it is quite large
@markdoldon8852
@markdoldon8852 2 года назад
Since all drivers pay is exempt from the budgets, that where it belongs. A bizarre decision, by presumably brought in under pressure from the drivers themselves
@flyproject1
@flyproject1 3 года назад
loved it mate , keep it going. that was very interesting to watch
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks mate 🙌
@emimc36
@emimc36 3 года назад
Thx bro for this video! MEGA BIG LIKE!!!
@TheRacingPilot
@TheRacingPilot 3 года назад
Awesome! Thanks for watching 👍
@sodeznay
@sodeznay 3 года назад
Huge fan of Ferrari. Saw Shell on their car, been filling my tank and change oil with Shell. Saw Kaspersky, easy choice for my PC Antivirus. Saw Lenovo when in need of new laptop, instant pick. Schumi's Ferrari was Bridgestone loyalist, have to give my car the same tyres as my idol.
@TheRacingPilot
@TheRacingPilot 3 года назад
Exactly! You are a perfect example 😂
@adeolaitan9892
@adeolaitan9892 3 года назад
What about the audience who paid their money to come and watch race in terms of revenue?
@TheRacingPilot
@TheRacingPilot 3 года назад
That will go to the circuits and Formula 1 itself 👍
@fenzyreplays
@fenzyreplays 3 года назад
Very cool video, thanks man !
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching!
@sharvildandekar1263
@sharvildandekar1263 3 года назад
Love the animation and pictures transitions your vids have... Loads of love, keep up the good work homie...
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks so much Sharvil! Really appreciate it 🙌
@daanvanaken7922
@daanvanaken7922 3 года назад
ur a ledgend mate
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks mate 😂
@justyey56
@justyey56 2 года назад
By selling $50 hats and $200 hoodies 😂😂😂😂😂
@TheRacingPilot
@TheRacingPilot 2 года назад
Hahaha that aswell
@zxhonourz3866
@zxhonourz3866 3 года назад
Very informative, fun watch
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching! 👍
@davidhoggan5376
@davidhoggan5376 2 года назад
That was so helpful... Thanks man.
@TheRacingPilot
@TheRacingPilot 2 года назад
Thanks for watching 🙌
@spiyder
@spiyder 3 года назад
on average an f1 team has around 15 sponsors haas: *we don’t do that here*
@TheRacingPilot
@TheRacingPilot 3 года назад
😂😂
@booptidyscoop7790
@booptidyscoop7790 3 года назад
Who do you think will prevail McLaren Riccardo or Aston Seb?
@TheRacingPilot
@TheRacingPilot 3 года назад
I think Ricciardo will do better at McLaren but it will be interesting either way
@regenmeister9646
@regenmeister9646 2 года назад
Always wondered about the Business Plan ... now we have a basic idea - Thanks
@TheRacingPilot
@TheRacingPilot 2 года назад
You're welcome!
@samcheal
@samcheal 3 года назад
Very well put together. Keep up the great work The Racing Pilot
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Sam! 🙌
@TheChaotix14
@TheChaotix14 3 года назад
I'd imagine one of the loopholes the teams are going to use is to have the sponsor contracts split so that they'll partially sponsor the drivers directly allowing them to cut costs on driver salaries without touching the drivers earnings.
@TheRacingPilot
@TheRacingPilot 3 года назад
Well there are no rules on how much teams earn, it's a cap on how much they spend 👍
@markdoldon8852
@markdoldon8852 2 года назад
There would be no reason to do that. Since drivers salaries are on the dozen or so exemptions from the budget, they have no really good reason to artificially low them. In fact, I won't be surprised to see, the high priced teams try something like(depending on how tightly written are the rules) employ their drivers as partners. Say" I'll pay you 100 million to drive, but you personally have to fund design testing in the wind tunnels. You get $100 million if you show up with a fully compliant rolling chassis. Or with a complete power unit (for those teams buying in engines) If there is one thing F1 teams are all experts at, it's getting around inconvenient rules.
@ArunSapaare
@ArunSapaare 3 года назад
Like the late Nikki Lauda said, "It's amazing with all these fecilities, you make a piece of crap like this." Considering the amount of money Ferrari pour into one season & get such terrible results, they are the worse team of all. What's even more disgusting is they spend more Mercedes, who are dominating F1 since 2014, & finish an avarage place of P4 in the championship. They can give all their money to little teams like Haas & Williams & better leave the sport of God sake. Anyway, great content mate, superb video. You rock more & more with each new video. Cheers!
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks Arun! Yeh the whole Ferrari budget thing is just so wrong if you ask me...
@ArunSapaare
@ArunSapaare 3 года назад
@@TheRacingPilot yep, the feeling's mutual. 😌😌
@eMeSCZ
@eMeSCZ 3 года назад
You can't say that! It'sa Ferrari!
@ArunSapaare
@ArunSapaare 3 года назад
@@eMeSCZ 😂😂
@KitKitChanIsaac
@KitKitChanIsaac 3 года назад
@@eMeSCZ Its a shitbox
@graziellelacson7774
@graziellelacson7774 2 года назад
Very informative! Thank you for the simple and concise explanation! #F12022 can’t wait
@TheRacingPilot
@TheRacingPilot 2 года назад
Me too! Bring it on!
@michaellawhorn1355
@michaellawhorn1355 2 года назад
New Formula One fan here: this video was extremely helpful! Thank you very much.
@TheRacingPilot
@TheRacingPilot 2 года назад
Thanks for watching! 🙌
@saratkumarp2906
@saratkumarp2906 3 года назад
Great video. Although I have a doubt as to how you included "Investments" as revenue. Don't the investors expect money in return which in turn will reduce the profit? Investments can be separate category but I am not sure if they can be included as revenue?
@TheRacingPilot
@TheRacingPilot 3 года назад
You could see investment similar to sponsorships. The Mercedes company sponsors the Mercedes race team 👍
@kavithaamudhan1503
@kavithaamudhan1503 3 года назад
6:23 on average 15 sponsers Haas in 2021 : alone again! Naturally Great video yet again 👍
@TheRacingPilot
@TheRacingPilot 3 года назад
Yeh I think Haas have 5 😂
@kavithaamudhan1503
@kavithaamudhan1503 3 года назад
@@TheRacingPilot yep Sadness everywhere😬
@karnamukhia6067
@karnamukhia6067 2 года назад
Nicely made! Would like to see some more of these kind of videos! Kudos!
@TheRacingPilot
@TheRacingPilot 2 года назад
Thanks mate! Loads more on my channel to check out!
@joaopedrobento4728
@joaopedrobento4728 3 года назад
Great video! Thanks.
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks mate 👍
@gideonlegrange9886
@gideonlegrange9886 3 года назад
Says "dollars" and £ on the screen 🤦‍♂️
@TheRacingPilot
@TheRacingPilot 3 года назад
Sorry, my mistake 😬🙋‍♂️
@deveshagarwal7455
@deveshagarwal7455 3 года назад
"terrible reputation" - shows Nikita Mazepin. LMAO !!!!
@TheRacingPilot
@TheRacingPilot 3 года назад
Am I wrong 😂😂
@thushivasanth8678
@thushivasanth8678 3 года назад
Amazing analysis with some good inputs , nice job !
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks mate! Appreciate it 🙌
@joanithawilson9065
@joanithawilson9065 3 года назад
Thanks for the video it was an opener
@TheRacingPilot
@TheRacingPilot 3 года назад
Thanks for watching Joanitha 👍
@connornelson5740
@connornelson5740 3 года назад
9:06 doesn’t williams make a +25m profit?
@TheRacingPilot
@TheRacingPilot 3 года назад
Nope, 100 mil - 125 mil equals -25 mil 👍
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