WE CANT BELIEVE THIS!💰 NBA fans react to How Much Is An F1 Car Worth? 

MAN F1 IS A AMAZING SPORT FAMILY✊🏽

those prices are somewhat outdated, particularly the engine. an engine will go from about 8 to 10 million. this year there's 22 races teams are allowed 3 engines per season per car , but they will usually use 4 engines per car, per season. thats without crashes or reliability issues. so each team goes through at least 6 to 8 engines for both cars in 1 season.

Top drivers in F1 like Lewis Hamilton, Max Verstappen make 20 to 45 million dollars a year. Mid pack drivers Daniel Ricardo, Carlos Sainz Jr make 5 to 15 million a year. That low level drivers are lucky to make 1 million or have to pay the team 10-15 million to drive their car and then you have Lance Stroll who's dad bought a team so his kid could drive for it. There is also performance bonuses so the better you do the more you get paid.

keep in mind the engine (or power unit) is a hybrid engine and its composed of 5 different 6 different parts. The engine itself, the hybrid unit (MGU-H), the other hybrid unit (MGU-K), gearbox, turbocharger, and the electronic unit. the entire unit itself cant last an entire season so theyre allowed a certain amount of parts they can switch out from the power unit. so really at any given race weekend teams are sitting on about 20 million-ish for just the engine alone. when you add in spare parts for everything else on the car and the team itself you end up with a metric fuckton of money spent

Despite the economic downturn, I'm so happy 😊.I have been earning $ 60,000 returns from my $7,000 investment every 13days.

There are 23 races in a season (the number changes slightly each season) and during the season they happen ever week or every 2 weeks

the pause at 5:55 had me rolling laughing 😂

Auto racing started as a Western European sport, so I'm glad to see brothas get into the sport and share the love too 🙌🔥.

The F1 content is coming in clutch 💪🏾💪🏾 you guys need to react to team radio

To give you an example related on betting 2020 Monza GP: There was a very very unlikely Podium(neither of the 3 of was expected to get a top 6 placement in that Season) and a finish dude betted on that exact Podium with 20cents and he won 33.000 Euros (Thats like 37.000$ or sth like that) Btw im sorry for my english, im not a native speaker

The eingines in F1 are 50% thermal efficient, put that into regular terms, it's how much fuel is spent on making the car go. Normal road cars have around 25-35% thermal efficiency. The margins of error the engines tolerance for the pistons (the tiny amount of space between the cylinder and the piston) is 10 microns. As reference, a human hair is 70 microns thick. That's why the engines cost so much, even it's even more today. Now for some teams (Mercedes, Ferrari, Renault) supply engines for other teams to buy, they have to make every single engine absolutely perfect before they can ship it out. I think Mercedes in 2020 spent around $490 million dollars on their adventures that year, and that was a short year. Over the past few years Mercedes has spent well over $2 billion running their cars from 2014-2021 and they won the constructors championship (who can build the best car) 8 years in a row, an insane record that will probably never be broken. There is no insurance because the teams build everything themselves. F1 teams rarely make a significant profit, I believe Ferrari in 2019 only made about $1 million in profit after spending hundreds of millions on racing. F1 is just marketing, essentially, that's why Red Bull is in it, it's all marketing. Ferrari even states that their F1 team is a significant portion of their image and marketing. Great video guys!

Watching these guys ask the questions i remember asking my dad as a kid watching f1 is actually super entertaining. You guys are bringing the US to f1 in the way we want. Interest. Not drama through drive to survive

The teams are now limited to a yearly cost of $150m not including the drivers and top I think 5 employees. Mercedes redbull and Ferrari used to spend over $300m a year.

9:35 There are 22 races between March and the end of November. Usually, there is a 1 week or rarely a 2 week break between each race. But because there are so many races we also have a lot of double- and triple-header meaning having 2 (double-header) or 3 (triple-header) races directly the weekends after eachother. There's also a 4 week summer break where the teams have to completly shut down the factory and police that actually no one is working there for 2 weeks, otherwise they get a really harsh fine.

ahhhhhhh moookieeeee fst..lets gooooooo

Before F1 budget limits the F1 teams were spending $300 to $500 million per season.

An F1 engine costs 10 million and the whole car costs around 20 million dollars

would highly recommend watching WTF1's content in your spare time, their podcasts are hilarious!

2022 Formula 1 Drivers Salary:- Max Verstappen - £40M = $48.3M Lewis Hamilton - £40M = $48.3M Fernando Alonso - £15M = $18.1M Lando Norris - £12M = $14.5M Sebastian Vettel - £11M = $13.29M Daniel Ricciardo - £11M = $13.29M Charles Leclerc - £9M = $10.87M Carlos Sainz - £7M = $8.46M Valtteri Bottas - £7M = $8.46M Lance Stroll - £7M = $8.46M Sergio Perez - £6M = $7.25M Kevin Magnussen - £4.8M = $5.8M George Russell - £4M = $4.8M Esteban Ocon - £4M = $4.8M Pierre Gasly - £4M = $4.8M Alex Albon - £1.5M = $1.8M Guan Yu Zhou - £730,800 = $883k Mick Schumacher - £730,800 = $883k Nicholas Latifi - £730,800 = $883k Yuki Tsunoda - £364,900 = $441k These are just the Salary excluding Bonuses & Sponsors. If you count bonuses & Team Sponsor as well as Personal Sponsor it's way more money.

Please react to Lewis Hamilton the Greatest Of All Time

Please react to Lewis Hamilton the Greatest Of All Time

Please react to Lewis Hamilton the Greatest Of All Time

Please react to Lewis Hamilton the Greatest Of All Time

Meanwhile my car cost $700, 2 years ago and it's still going strong .

Every team participate with two cars and two drivers

the teams do not have insurance for cars as far as I'm aware, which does make sense since the liability on it would be absurdly high, so the rates would practically lose them money in most cases

Lewis Hamilton 40 million USD Max verstappen 25 million USD Alonso 20 million USD Lando Norris 20 million USD Vettel 15 million USD Riccardo 15 million USD Leclerc 12 million USD Bottas 10 million USD Lance stroll 10 million USD Sainz 10 million USD Sergio Perez 8 million USD Magnussen 6 million USD Gasly 5 million USD Ocon 5 million USD George Russell 5 million USD Albon 2 million USD Latifi 1 million USD Zhou 1 million USD Schumacher 1 million USD Tsunoda 750k USD

I mean this is just the actual prices of the parts, r&d not included so a modern f1 car before the cost cap costs probably way more than 10 million.

Matty and the WTF1 team make top-tier F1 content, you'd enjoy their other videos!

just google Lewis Hamlton next salary, he just got a contract for a recordvbreaking contract in f 1 salaries...

There's a couple of videos on the logistics of holding F1 races all over the world and the team cost for a season of racing in F1.

In the past every teams changed the engines every race. The new rules as far as I know must hold an entire season (not 100 percent sure)! Every time they replace the engine they will loose starting grids.

F1 cars cost has much each team is willing to spend, give you an example, Mercedes and Ferrari both spent over $400M to develop their cars in 2018

Some teams got more money, and some didn't. There are teams also in the automotive industry (selling cars or sports cars) like Mercedes, Ferrari, Alpine (Renault), Alfa Romeo, Mclaren, and Aston Martin. There's also a team that sells energy drinks like Red Bull (with their sister team, Alpha Tauri (previously Torro Rosso); which makes a deal with a fashion brand Alpha Tauri). Imagine the amount of money from selling exotic cars and that's not including how many sponsor brands they signed with. More sponsors = More money. Compared to smaller teams like Haas and Williams, they're in the engineering business (making parts for industry, cars, airplanes, etc.) so they had less money. The new rule of 2022 is to limit the budget each team can run per season to just 140 Million Dollars. Remember the money is not only to pay the wage for the mechanics, engineers, and workers, but also for research (to upgrade car parts). Previously larger and richer teams like Mercedes for example cost them 410 Million Dollars (I think it's around 2018 or 2019 season) to run the whole operation in one season when small teams like Williams only can run with a 120 Million Dollars budget. That explains why in the past, the competition for backmarker teams (teams with less money = slower car = always in the back) is impossible, but now it's more even between the teams. About wage, it's depends on the experience and performance throughout the season and the previous season. Lewis Hamilton (7x World Champions) and Max Verstappen (2021 World Champions) are currently the highest paid drivers. To make it short, the rest of the drivers paid around 1-25 Million Dollars (not include bonus if they win or score points. Once there's a driver named Kimi Raikonnen (2007 World Champion) once promised a 50,000 Dollars bonus for EVERY SINGLE POINTS he scores. He ended up with 390 points and the team owned him almost 19 Million Dollars of bonus and the team went bankrupt.

Depends on the driver. Max Verstappen (Red Bull) and Lewis Hamilton (Mercedes) are in the top 50 highest paid athletes in the world. Let’s just conservatively say about $40 mil. Then there’s the $20 mil guys who are either past their prime former world champions no longer fighting in the front but got clout and are in the same category as a talented and/or popular mid-field driver. Like Daniel Ric about $20 mil but his stock is dropping due to poor performance and too much to mention, then you got some guys at $5mil to $1mil. Having talent isn’t enough for a seat though. The only seat available for the ‘22 season after Kimi retired was given to the first Chinese driver, who brings about $30 mil to the team. Mercedes spent something like over £400 million for the 2019 season, and they were the #1 team that year. Then you have the small teams, the bottom of the grid who struggle to stay afloat. Many don’t last because they realize they’re not winning so they don’t get prize money and sponsors. These teams have like 300 employees vs over 1k at Merc, and usually will bring in a son of a billionaire to drive to help fund the team and stay afloat. So they probably got one driver getting paid $1-$5 at most who probably has the talent, then the money driver who’s good, just not great. Which is why a Budget Cap was introduced, to help the small teams not drown by Mercedes, Red Bull, Ferrari who didn’t have a budget. So I think now it’s at £135mil/season. Crashing a car for small teams would literally bankrupt them. Now, their ass is on the line if you’re crashing no matter what team you’re in because the big teams are roughing it with their budgets slashed by 75%.

This video has to be old. The engines are almost 10 million now. Send all that to 20 countries, everywhere from China to Brazil and 500 to 1000 staff and boom! $140,000,000 gone pretty sharpish

You guys gotta realise that this is billions upon billions..hamilton made over 700mil..verstappen(my man)is making 300mil in 5years.

Fellas, there’s a video called “the insane logistics of formula 1” Gives a great rundown of how the teams have to travel throughout the calendar. Shit. Is. Insane. Video has a bunch of red semi-trucks in the thumbnail.

If you look into some of these teams backgrounds a lot of your large insurance companies or medical companies like Pfizer has been involved Dell technologies that you know as Dell computer is another. There's BNT and Aston Martin just funds their own along with Ferrari and BMW when they were in and the silver arrows Mercedes

The car is very cheap compared to full running costs The new cost cap limits performance related spending to a 140 million (+1.2m + inflation) this year and 135 million next year And that doesn't include driver salaries team boss salaries, construction of new facilities etc

Well as far as betting goes, one bloke from Finland won a bet that had 166,000:1 odds, turning his 20 Euro-cents stake into 33,396 Euros.

races happen for 2 weeks in a row and then there is a one week break and the same thing again, there are few periods of a longer break which is a season break like what we have rn

Formula 1 is elite club. Only 20 people can race there. Best drivers paid are $40 mil+, lowest one are actually paying themselves from their own pocket to the the team. Not all drivers are on salary. But again it's ultra rich people's sport

Most teams are car manufacturers but there are exceptions. Mercedes Ferrari Red Bull (Outlier here as they are not a manufacturer brand but they utilize brands like Honda for their engines) McLaren but their engines in F1 are from Mercedes unlike their homegrown engines that are in their road cars Alpine are the sports/luxury division of Renault, a French car company. Aston Martin but like their road cars, use Mercedes engines. Alpha Tauri, same case as Red Bull under their luxury clothing brand and used Honda engines too. Basically they are Red Bull’s B team. Haas: CNC machining company from the US and has motorsport roots from NASCAR. They use Ferrari engines. Alfa Romeo is another Italian manufacturer same as Ferrari but they use Ferrari engines in their F1 cars. Williams is a legendary name in the sport but due to lacking funding from a manufacturer they have fallen behind from developing their cars but they use Mercedes engines.

A lot of the companies like Ferrari, Mercedes and McLaren use their F1 teams to improve systems and technology for their road cars and future developments so it becomes profitable for their road car manufacturing business. As for the bets, Drake put 230k dollars on Leclerc to win the spanish GP which he lost so a lot of money gets thrown around

F1 race is on a Sunday and the following Sunday and then it’s a 1 week break so basically 2/3 Sundays a month

Dumb question, their main sponsor will probably provide the engine, and usually a billionaire will own the team

There isnt really any insurance involved with the cars. but the teams are now limited to 140million dollars for the year that including the cost of repairs and new parts that are created.

06:53 Answer ca £ 12.5millon = 15.07 million USD. /year

theres a video on driver salaries you could watch. just search 2021 drivers salary on youtube

And look at the brands on the Cars.redbull sponsors or owns everything with an engine

yea..... and that's just FOR A CAR.... :v. you have any idea how much it cost to RUN a team

How to make small fortune in F1? Start with a f**King huge one....

its funny cause this video is old now. total cost of an f1 car these days is 15M dollars. aka the engines now are around 10M.

No insurance on these cars. The teams pay out of pocket for that, also it comes out of their yearly budget.

Insurance dont work in f1 main.you break it you Pay it as a team.thats why they sorry on the radio after...thats shit mucho dinero hermanos.

Even if you’re not a Motorsport fan, it is still a good thing to watch in terms of the technology as you mentioned. Almost everything in modern cars today was created by a Formula 1 team or a racing team in another series. Traction control, adaptive suspension, paddle shifters, aero wings, splitters, and spoilers, etc.

The worst drivers probably have to pay them $10,000,000 or more to have the seat

Actual up front cost of car & engine averages 10.5 extra large.

An f1 car costs around £70million in total for top teams as this video did not factor in the R&D costs etc.

Watch a comparison of a F1 brakes to a GP motorcycle.

actually they have 4 cars 2 for racing 2 as spares if the car is completely destoyed

🏎️🙏👌10team's & 20car's.🏎️😇😁😉

there are more than 1 chassi as far as I know. maybe 2-3 7-8 idk

a standard F1 team has a spend cap of 100m on their car alone (they need to make 2 cars)(teams like ferrari, redbull, merc) not all teams can always get that high but the better teams do as they get more money or finishing higher each year. After that a below average driver is 10mill hamilton is like 30mill remember each team has 2 drivers. the building resources and ect are all in about 250 mill thats been built up over past 20 years

They have two cars per team and replace those two cars in full/partial parts about 5 times a year and some parts don’t get replaced that much and some have an official max they try to not exceed like the engines (3 is penalty free). But they also need to think out the parts. $160k for a new front wing is only making it. Not design and windtunnel time. So simpler to say it costs (in the cost cap they have now) a maximum of $72,5 million dollar per car to race them and move them all over the world. As the driver pay is not included in the 145 million capped budget. But before that it was easy 350 million for the top teams and rumors are that Toyota spent $500 million per season for a couple of them. Ok that’s also including designing the engines as well. But still, so do Ferrari Renault and Mercedes.

Watch a video about the rise pf lewis hamilton in f1

The teams have too build there own car and design it.

Wtf1 is great for simple explanations on f1

Tyre Changers $350,000 per year

Mercedes spent 500 Million to develop their 2019 car (development is the most expensive stuff in f1)

F1 cars are not insured

No insurance 😁

The top 5 can earn up to 45 mil the drivers get crazy money and the top 3 podium spots gets a Tag Heuer watch they get all crazy shit its good too be an F1 Driver

this video is kind of outdated since F1 engines in 2022 cost around 20mil$

Races every week

6:38 Funny thing is that has been true all my life... Then today I hear on the news that they have lost parity with the dollar and I'm like WTF?? Yeah, the Pound sterling is now below a dollar, it's at something like .85 today. Crazy.

Hey guys I’m also a fan of F1 and I love all the videos you guys have made about it. BUT I NEED YOU GUYS TO REACT TO MOTOGP.

Add.: The fans watching a race weekend pay a hell lot of money to be there! For my last ticket (training session + qualifying + race) in "Spielberg" I spent - converted - in sum $550. I guess they also make money from selling food and drinks. A tiny glass of water is about $5 each - for example. And yeah: Merchandise! :-) Beside that they have sponsors, right payments from tv stations, etc.

F1 is a business, yes you need to have money to get in F1 but indeed the sponsors pay for a lot of the things you couldn't really afford otherwise unless you just want to bleed money year after year. There is a video about pit crew salaries too if you want to react to that, you'd be surprised (or not? not sure anymore). I highly doubt there's insurance on anything related to the car, probably not even warranties on the parts that are bought from other suppliers, but in the end the teams have so much money that I'm not sure they need any of those things anyway.

This is quite old engines today cost around $10M and cars today cost around $20M($30M if you talk about the 2022 cars)

most of the time there are 2 back to back races in a month, there are around 22-23 races a year in a 10 month period But you need to count in the practice runs the qualifing and the race. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_5BWURpn2dY.html so that is around 7 million dollars driving 4 times in a race weekend around twice a month

In 2019 , Mercedes, the winner.revealed the spent 330 million+ on the whole season to develop the car n run jt

Without the budget cap, teams ran 400 millions+ a year for 2 cars to run

So usually they race back to back weekends but depending on the distance from each track they race every two weeks and right now they on summer break so the next race weekend is August 26-28 the race is on the 28th and qualifying is on the 27th

You need to whatch the sim racing blok he makes good vidos on driving tecnic you should whatch his vidoe about racing lines

There are currently 22 races a year. The teams will only use a max of 8 cars between two drivers in a session. The highest payed drivers currently are Max and Lewis who both get 40Mil a year

He gives the cost for the parts ,however its misleading cause the design & developing costs arent in theres,so it might be 6 mil on paper but overall its a lot more than that.

You can actually look at some of the numbers of the teams. To put it short: the teams usually equal out to 0 money gained per season if not paying extra. But it's HUGE PR.

23 races, hundreds of laps per weekend, that’s thousands of tires per team, imagine the price of the fuel, imagine the price of the actual development during and before the new season. Hundreds of millions spent.

So a team is on a budget of about 150M per year.. that does not include salaries of the drivers.. Max Verstappen makes about 50M per year, just like Hamilton. 2 cars in a team. they use at least 3 engines per season per car, often more. there's 22 races this year. They race from march to december, every other week... sometimes they have back to back races or even triple headers.

Please react to "so you want to be an F1 driver?" it'll be interesting to see how you guys react to it.

Whenever a part is damaged they don’t fix it, they simply replace it, when a crash happens they just put in brand new parts. Also there’s no insurence, each team spends their own money on repairs

Just to have a angle to that, more 20 BILLIONS was used by Mercedes to win 8 consecutive construtor championship

that doesnt include driving the car over a racce/season. operating an F1 car costs sooooo much more.

It costs 300M a year to run a team

9:44 even more often. Every week or every 2 week there's an F1 race. In total there are 20+ Races per year

People do bet on F1 results, but it's nowhere near the same as ⚽ and 🏇

Never stop doing the "Yaaaaaaaaah Moookieee" it's iconic 🔥

The F1 schedule can vary you guys should check out a video on it but there are cases where the actual races go back to back for about three weekends in a row