How do Formula 1 Teams Make Money?
Рет қаралды 2,255,532
Күн бұрынMoney 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
_________________________________________
FOLLOW OUR SOCIAL CHANNELS:
Website:
theracingpilot.com
Instagram: / theracingpilot
Twitter: / theracingpilot
Pinterest: www.pinterest.co.uk/the_racin...
DRIVETRIBE: drivetribe.com/u/K0N1iR8OEtTL...
Facebook: / theracingpilot
_________________________________________
MUSIC INFO
Finally by Loxbeats / loxbeats
Creative Commons - Attribution 3.0 Unported - CC BY 3.0
Free Download: bit.ly/FinallyLoxbeats
Music promoted by Audio Library • Finally - Loxbeats (No...
Lovely by Amine Maxwell / aminemaxwell
Creative Commons - Attribution 3.0 Unported - CC BY 3.0
Free Download / Stream: bit.ly/lovely-amine-maxwell
Music promoted by Audio Library • Lovely - Amine Maxwell...
_________________________________________
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
@bobdevreeze4741 3 жыл бұрын
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 3 жыл бұрын
Exactly right, that's the only way
@giodc8599 3 жыл бұрын
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 3 жыл бұрын
Makes Hamilton’s achievements all the more greater
@hayat5734 2 жыл бұрын
Íhhhhg
@ComradeHellas 2 жыл бұрын
@@jimmyfranco43 good one
@Kub5008 3 жыл бұрын
you get on average 15-20 sponsors: Haas 2021: *crying cat thumbs up*
@TheRacingPilot 3 жыл бұрын
😂😂😂
@Adityapilot93 3 жыл бұрын
*cries in nikita mazepin
@nandadwirendragraha1210 3 жыл бұрын
well haas surely has a huge sponsors judging from theirblivery
@davidwilliams3659 3 жыл бұрын
Daddy maze pins company will be giving quite a large amount of money
@grantgomes2431 3 жыл бұрын
Sponsored by Russia
@drew425 3 жыл бұрын
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 3 жыл бұрын
I assume the punishment will be more than a fine...
@L3BNaNi 3 жыл бұрын
Actually FIA be like verbal warning
@MrChippinator 3 жыл бұрын
That’s essentially what the MLB has done with their “luxury tax.” Probably all that will come out of this.
@drew2046 3 жыл бұрын
I believe you forgot the season dsq
@jout738 2 жыл бұрын
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 3 жыл бұрын
I think Ferrari spends their money on finding new ways to mess up.
@TheRacingPilot 3 жыл бұрын
😂😂
@bhaskarajagadhita133 3 жыл бұрын
Italian engineering much? 😁
@carloyu232 3 жыл бұрын
Hahaha
@torquethetalk 3 жыл бұрын
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 3 жыл бұрын
@@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.
@servingcant 3 жыл бұрын
I read the title as ‘How F1 fans make money’ that’s how broke I am.
@TheRacingPilot 3 жыл бұрын
😂😂 I feel you
@sigungajoshua6149 3 жыл бұрын
Judith - Motorsport is an Insurance Business... If you make it your business it will bring you business #RacingPilot
@andrieslouw3811 3 жыл бұрын
And where o where do they decide ticket prices. Thats if we are ever allowed back into the arena.
@james2578 3 жыл бұрын
broke enough to have internet.
@victoriawilliamsh1632 3 жыл бұрын
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
@Jaxymann 3 жыл бұрын
"if a team or driver has a terrible reputation, sponsors won't go near them." *Shows Mazepin on screen* Perfect XD
@TheRacingPilot 3 жыл бұрын
Of course 😂😂
@spamgod5416 2 жыл бұрын
you misspelled mazespin
@azraelfranco4412 2 жыл бұрын
he's the sponsor's son tho
@seminky5341 2 жыл бұрын
Yet Grossjon the french ididot stays soooooo long
@lisasommer7982 2 жыл бұрын
Hehe. Uralkali Likes Mazespin xD
@thkiwi1 2 жыл бұрын
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 2 жыл бұрын
Exactly 👍
@lazthegreat10 7 ай бұрын
No one is buying a car due to formula one
@mala1s6003 7 ай бұрын
@@lazthegreat10I do
@torresthemonster 6 ай бұрын
@@lazthegreat10he’s saying brand image, like their brand is more recognized
@lavernmbutura9558 6 ай бұрын
@@lazthegreat10 speak for yourself.
@samyooel3079 3 жыл бұрын
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 3 жыл бұрын
Exactly, it's going to be incredible if they do...
@letsseetofindout2560 3 жыл бұрын
i think they can
@eurasiansovann 3 жыл бұрын
They'd still be on top but the gap between teams will be much closer like the 80s and 90s.
@redherring4119 3 жыл бұрын
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 3 жыл бұрын
@@redherring4119 they said their engine is. Much better than before but time will tell
@lucasgillbergkling8667 3 жыл бұрын
"every team has around 15 to 20 sponsors", Haas: are you sure about that?
@TheRacingPilot 3 жыл бұрын
😂😂
@zodinpuiaralte8118 3 жыл бұрын
🤣🤣
@toufeeqsalie4578 2 жыл бұрын
Steiner: "f@#king hell"
@alexgreen6481 3 жыл бұрын
Normal F1 teams: sponsors and entering races Racing point: Daddy’s cash will help
@TheRacingPilot 3 жыл бұрын
Pretty much 😂
@Camo1691 3 жыл бұрын
Go look at Haas, they have basically no sponsors, Aston Martin has plenty
@GloomGaiGar 3 жыл бұрын
Nothing wrong with that.
@xiquotic1711 3 жыл бұрын
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 3 жыл бұрын
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.
@mojo-hand4539 3 жыл бұрын
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 3 жыл бұрын
They are changing the model of the prize money slightly too 👍
@Banjo56 Жыл бұрын
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 3 жыл бұрын
6:23 on average 15 Haas2021 :pain
@TheRacingPilot 3 жыл бұрын
😬😬😬
@alexmarty6138 Жыл бұрын
How many do they have ?
@lingtondaniel 3 жыл бұрын
That Aston Livery looks Sick 🔥
@TheRacingPilot 3 жыл бұрын
I really does 😁
@joshuapilotin7183 3 жыл бұрын
Even alpine livery looks good.
@drewp.weiner2473 3 жыл бұрын
Looks like garbage
@nicechasinchasegods7051 3 жыл бұрын
Indeed it does
@abyss18 3 жыл бұрын
@@drewp.weiner2473 lmao ur daft
@roastingminer6919 3 жыл бұрын
Haas: we dont do that here
@TheRacingPilot 3 жыл бұрын
😂😂😂
@docgaming6152 3 жыл бұрын
The things Force India/Racing Point/Aston Martin have been able to do with a comparatively small budget is incredible
@TheRacingPilot 3 жыл бұрын
It really is, they are so efficient as a team generally
@kyte2000 3 жыл бұрын
Aston Martin don't know what R&D is. They just copy what Mercedes does
@notmenotme614 3 жыл бұрын
Depends what your definition of a small budget is.
@mangeshchalan8786 3 жыл бұрын
@@kyte2000 well you know WHy china is so successful?!
@nilmarkacain9238 3 жыл бұрын
The budget cap is one of the good move by FIA to have a fair competition
@TheRacingPilot 3 жыл бұрын
I really hope it works in the long run 🙌
@tysonmcgee1891 Жыл бұрын
@@TheRacingPilot lmao
@FormulaJuan75 3 жыл бұрын
0:00 flat earthers: money is a paid actor.
@TheRacingPilot 3 жыл бұрын
Yes 😂😂
@arpandrozario7959 3 жыл бұрын
Pay money to money? Yep, going round.
@Heisenberg2K 3 жыл бұрын
Earth is round.
@thelaymaneveryman 3 жыл бұрын
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 3 жыл бұрын
Agreed, grass roots needs to be more accessible
@Shaown456 3 жыл бұрын
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 3 жыл бұрын
Correct, and that would be involved in the production costs 👍
@JustCarlJ 3 жыл бұрын
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 3 жыл бұрын
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 3 жыл бұрын
ask Haas.
@TheBrightRedFox 3 жыл бұрын
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 3 жыл бұрын
Thanks Dyl! Really appreciate it 🙌🙌
@ladyphoenix9752 2 жыл бұрын
Same here...love the 2sec Pits and total respect to the logistics teams ✅
@jopsball-turret6969 2 жыл бұрын
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 2 жыл бұрын
Absolutely, thanks for watching!
@matthewwilliams8859 3 жыл бұрын
I was wondering about this, then it popped up in my suggestions, thanks man, great video!
@TheRacingPilot 3 жыл бұрын
Well thanks for watching Matthew 👍
@JC-kz3ut 3 жыл бұрын
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 3 жыл бұрын
Exactly 🙌🙌
@duncan345 2 жыл бұрын
Yep I've been saving up to go buy a red bull car
@davidrountree9326 2 жыл бұрын
American car design has always been atrocious, I would be embarrassed to own one. Bit like their Indycar series
@adarshsaraf9844 3 жыл бұрын
Man I really respect you for responding to almost all comments
@TheRacingPilot 3 жыл бұрын
Of course! It's the least I can do
@callisto8232 Жыл бұрын
So informative and clearly explained - thanks!
@TheRacingPilot Жыл бұрын
Thanks for watching!!
@CoolProductsExpress 6 ай бұрын
this is very helpful!!! thank you so much
@TheRacingPilot 6 ай бұрын
Thanks for watching 🙌
@matthewsutton6103 7 ай бұрын
Great stuff
@retrocalico 3 жыл бұрын
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 3 жыл бұрын
Thanks Johnny! Really appreciate it 🙌
@irem4124 Жыл бұрын
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 Жыл бұрын
Thanks so much! I really appreciate you saying that 🙌
@emimc36 3 жыл бұрын
Thx bro for this video! MEGA BIG LIKE!!!
@TheRacingPilot 3 жыл бұрын
Awesome! Thanks for watching 👍
@davidhoggan5376 2 жыл бұрын
That was so helpful... Thanks man.
@TheRacingPilot 2 жыл бұрын
Thanks for watching 🙌
@edoardonuvolone9392 3 жыл бұрын
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 3 жыл бұрын
Thanks Edoardo! Really appreciate it 🙌
@celderson734 3 жыл бұрын
yeah. I agree. Really high-quality video. Well done!! I have just subscribed.
@aaryanrahman1833 3 жыл бұрын
Ciao. Amico. Rome ?
@edoardonuvolone9392 3 жыл бұрын
@@aaryanrahman1833 No, Sanremo, a little town near France
@chifabrice3738 Жыл бұрын
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 Жыл бұрын
Awesome! I've got many more videos that are similar on my channel 👍
@georgipehlivanov8016 3 жыл бұрын
I have always wondered! That was super video. Thanks mate!
@TheRacingPilot 3 жыл бұрын
Thanks for watching 👍
@streetballplayer100 2 жыл бұрын
Thank you for breaking down this interesting topic)))
@TheRacingPilot 2 жыл бұрын
Thanks for watching 👍
@eMeSCZ 3 жыл бұрын
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 3 жыл бұрын
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! 😂👍
@sheikmohamedamanulaa3898 3 жыл бұрын
This channel is going to explode one day..... Proud to be one of the earliest
@TheRacingPilot 3 жыл бұрын
Thanks! I hope so 🙌
@caio4337 2 жыл бұрын
Amazing video. Just what I was looking for
@TheRacingPilot 2 жыл бұрын
Great thanks for watching!
@JayJay7728 3 жыл бұрын
Absolutely love your videos, very informative. Keep it going, thanks.
@TheRacingPilot 3 жыл бұрын
Thanks for watching Jason! 🙌
@aaronseet2738 2 жыл бұрын
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 2 жыл бұрын
Absolutely, your dad was a smart man!
@emobassist 2 жыл бұрын
I mean you can't buy a red bull or haas
@HScilLambert 3 жыл бұрын
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 3 жыл бұрын
Could definitely do that in the future! 👍
@joanithawilson9065 3 жыл бұрын
Thanks for the video it was an opener
@TheRacingPilot 3 жыл бұрын
Thanks for watching Joanitha 👍
@davidlonhol8016 3 жыл бұрын
Thanks for the upload mate!
@TheRacingPilot 3 жыл бұрын
Thanks for watching David! 👍
@KingofWolves3277 3 жыл бұрын
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 3 жыл бұрын
Well purely because it's such a small amount of revenue compared to the other factors 👍
@eck0hcobra15 3 жыл бұрын
@@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 3 жыл бұрын
@@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 3 жыл бұрын
@@eck0hcobra15 It should not be that big because the teams don't make the shirts themselves.
@maiktendo6512 7 ай бұрын
Repent for your sins and have faith in Jesus and you shall have eternal life in paradise
@oftengone 3 жыл бұрын
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 3 жыл бұрын
Lol yeh fair enough 😂😂
@anime5h_m1shr4 8 ай бұрын
Wonderful video. Thank you!
@dhurt_baba 3 жыл бұрын
Earned a like and a subscriber. Thanks for the info mate.
@TheRacingPilot 3 жыл бұрын
Awesome! Thanks mate 👍
@KeiraMegan 3 жыл бұрын
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 3 жыл бұрын
It really is mad how much money these teams have! Thanks Keira 🙌
@gokhansenaolivia 3 жыл бұрын
irrelevant? no ferrari means no f1. it is simple as that.
@KeiraMegan 3 жыл бұрын
@@gokhansenaolivia no one said Ferrari shouldn’t be here, Ferrari don’t deserve millions of pounds more.
@rb3872 3 жыл бұрын
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 3 жыл бұрын
Ferrari dislikes this comment.
@SpoogieMac 3 жыл бұрын
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 3 жыл бұрын
Yes there are many more but I wanted to be concise 👍
@robbiejacobs4379 2 жыл бұрын
Nicely put my dude
@TheRacingPilot 2 жыл бұрын
Thanks mate 👍
@giulliamellocandidodeolive2613 3 жыл бұрын
amazing video! thank you!!
@TheRacingPilot 3 жыл бұрын
Thanks for watching Guillia! 👍
@launchpadmarzari2521 3 жыл бұрын
Maybe short five minute videos expanding on each of the revenue streams
@TheRacingPilot 3 жыл бұрын
Yeh I could do 👍
@polavarapusrikant1346 3 жыл бұрын
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 3 жыл бұрын
Thats included in the 'sponsors and tech partners' section 👍
@garryn123 Жыл бұрын
excellent video...keep it up!
@TheRacingPilot Жыл бұрын
Thanks! Glad you enjoyed it! 🙌
@ufukildir7599 2 жыл бұрын
Thank you so much.I've learned a lot from this amazing well made video.
@TheRacingPilot 2 жыл бұрын
Great, thanks for watching!
@tgw230 3 жыл бұрын
What a well put together video, thank you for simplifying things in an easy to digest format. Top-level production quality as well.
@TheRacingPilot 3 жыл бұрын
Thanks a lot! Really appreciate it 🙌
@Patrick4Gooner 3 жыл бұрын
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 3 жыл бұрын
Thanks Jason! Glad to get feedback from an actual expert, and yeh I learnt a few things too!
@markdoldon8852 2 жыл бұрын
You're referring to European foottball? I assure you no Anerican NFL team runs much risk of losing money
@superdinkydoo 10 ай бұрын
I thought Man U were owned by Americans
@flyproject1 3 жыл бұрын
loved it mate , keep it going. that was very interesting to watch
@TheRacingPilot 3 жыл бұрын
Thanks mate 🙌
@mindlo2079 3 жыл бұрын
Thank you for this. It is great to know. I've always focused on the sport.
@TheRacingPilot 3 жыл бұрын
Thanks for watching Mandla 👍
@csrt7774 3 жыл бұрын
Love these financial videos, also probably makes you more money in adsense hahaha keep em coming
@TheRacingPilot 3 жыл бұрын
Possibly 👀
@RafaelPolanco 3 жыл бұрын
Great explanation, would love to see a breakdown of each spending/revenue category. Keep up the good work :)
@TheRacingPilot 3 жыл бұрын
Thanks! Really appreciate it 🙌
@CreepersCanFly. 7 ай бұрын
Banger video mate 🔥
@karnamukhia6067 2 жыл бұрын
Nicely made! Would like to see some more of these kind of videos! Kudos!
@TheRacingPilot 2 жыл бұрын
Thanks mate! Loads more on my channel to check out!
@Riz1Vlogs 3 жыл бұрын
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 3 жыл бұрын
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 3 жыл бұрын
@@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 👍
@_totallynotscott 3 жыл бұрын
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 3 жыл бұрын
Yep. Driver and director salaries aren't included 👍
@markdoldon8852 2 жыл бұрын
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?
@YSapphireGroup 3 жыл бұрын
Loved the video! I’ve actually wondered for a long time! Thanks!
@TheRacingPilot 3 жыл бұрын
Thanks for watching! 🙌
@randywatson341 2 жыл бұрын
This was awesome thanks
@TheRacingPilot 2 жыл бұрын
Thanks Randy!
@VinayakMaraj 3 жыл бұрын
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 3 жыл бұрын
Thanks so much Vinayak! Really appreciate it mate 🙌
@spncrkln 3 жыл бұрын
This was really informative. Thank you!
@TheRacingPilot 3 жыл бұрын
Thanks for watching!
@nrscheduler Жыл бұрын
Loved this video!
@TheRacingPilot Жыл бұрын
Thanks!
@justintimbersaw3934 3 жыл бұрын
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 3 жыл бұрын
Correct, it's pay to play then also pay to win 👍
@deathknightsqf32 2 жыл бұрын
All team sports are usually pay to win..
@tarunreddy2031 2 жыл бұрын
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
@DROGOC0P 3 жыл бұрын
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 3 жыл бұрын
Well Formula 1 is one of most viewed sports in the world so I reckon it makes sense
@bumerstudent 2 жыл бұрын
@@TheRacingPilot soccer is the most watched and most popular sport in the world
@yoshiman12232 2 жыл бұрын
@@bumerstudent He said "one of"
@maiktendo6512 7 ай бұрын
If you Repent for your sins and have faith in Jesus and you shall have eternal life and joy in heaven ✨️ 😊😮
@seanthompson258 3 жыл бұрын
Great info thanks a mil!
@TheRacingPilot 3 жыл бұрын
Thanks for watching Sean 👍
@simonmartinez2733 3 жыл бұрын
Excellent video. Thank you
@TheRacingPilot 3 жыл бұрын
Thanks a lot! 🙌
@sodeznay 3 жыл бұрын
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 3 жыл бұрын
Exactly! You are a perfect example 😂
@booptidyscoop7790 3 жыл бұрын
Who do you think will prevail McLaren Riccardo or Aston Seb?
@TheRacingPilot 3 жыл бұрын
I think Ricciardo will do better at McLaren but it will be interesting either way
@gtmbk6678 2 жыл бұрын
Awesome , great content, thanks for the insight
@TheRacingPilot 2 жыл бұрын
Thanks for watching!
@ignaciozamorano3769 3 жыл бұрын
Great video, subscribing and looking forward to more of them
@TheRacingPilot 3 жыл бұрын
Thanks! 👍
@PwnageJ 3 жыл бұрын
i love how lewis's paycheck is in its own category
@TheRacingPilot 3 жыл бұрын
Haha it is quite large
@markdoldon8852 2 жыл бұрын
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
@adeolaitan9892 3 жыл бұрын
What about the audience who paid their money to come and watch race in terms of revenue?
@TheRacingPilot 3 жыл бұрын
That will go to the circuits and Formula 1 itself 👍
@ajcesareng Жыл бұрын
Absolutely awesome job!
@TheRacingPilot Жыл бұрын
Thanks! Really appreciate it 🙌
@_hanz73 3 жыл бұрын
I always love watching your videos, keep it up!!!
@TheRacingPilot 3 жыл бұрын
Thanks! Really appreciate it 👍
@daanvanaken7922 3 жыл бұрын
ur a ledgend mate
@TheRacingPilot 3 жыл бұрын
Thanks mate 😂
@saratkumarp2906 3 жыл бұрын
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 3 жыл бұрын
You could see investment similar to sponsorships. The Mercedes company sponsors the Mercedes race team 👍
@samcheal 3 жыл бұрын
Very well put together. Keep up the great work The Racing Pilot
@TheRacingPilot 3 жыл бұрын
Thanks Sam! 🙌
@fenzyreplays 3 жыл бұрын
Very cool video, thanks man !
@TheRacingPilot 3 жыл бұрын
Thanks for watching!
@TheChaotix14 3 жыл бұрын
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 3 жыл бұрын
Well there are no rules on how much teams earn, it's a cap on how much they spend 👍
@markdoldon8852 2 жыл бұрын
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.
@spiyder 3 жыл бұрын
on average an f1 team has around 15 sponsors haas: *we don’t do that here*
@TheRacingPilot 3 жыл бұрын
😂😂
@deadpool1908 3 жыл бұрын
Very nicely done video Mate, thank you very much for the insight. Keep doing good work ! 👍💪
@TheRacingPilot 3 жыл бұрын
Thanks mate 🙌
@MoneyFIC 3 жыл бұрын
Loved this video. Great job. Liked iy and subscribed too. Look forward to future ones.
@TheRacingPilot 3 жыл бұрын
Thanks for watching! 🙌
@justyey56 2 жыл бұрын
By selling $50 hats and $200 hoodies 😂😂😂😂😂
@TheRacingPilot 2 жыл бұрын
Hahaha that aswell
@gideonlegrange9886 3 жыл бұрын
Says "dollars" and £ on the screen 🤦♂️
@TheRacingPilot 3 жыл бұрын
Sorry, my mistake 😬🙋♂️
@joaopedrobento4728 3 жыл бұрын
Great video! Thanks.
@TheRacingPilot 3 жыл бұрын
Thanks mate 👍
@motorcyclethaitop 2 жыл бұрын
Thanks for very informative info.
@TheRacingPilot 2 жыл бұрын
You're welcome! 🙌
@connornelson5740 2 жыл бұрын
9:06 doesn’t williams make a +25m profit?
@TheRacingPilot 2 жыл бұрын
Nope, 100 mil - 125 mil equals -25 mil 👍
@thomasw4222 3 жыл бұрын
So does a team like Mercedes have to include their engines in their budget but teams like Red Bull won't because Honda make theirs because surely that would be unfair
@TheRacingPilot 3 жыл бұрын
Yep, well technically for Mercedes it goes under the High Performance Powetrains but it still goes under their budget. And in the case of Red Bull they have basically taken over from Honda 👍
@ctdesing 3 жыл бұрын
The budgets presented are only constructor's budget, the engine side of it is the customers buying the engine, not the manufacturer's manufacture of it, that's is another budget which is unrestricted.
@markdoldon8852 2 жыл бұрын
All engine manufacturers have to offer engines to anyone for a consistent price. Either way it all come through
@shaxzodziyadullayev9115 2 жыл бұрын
That is one the best videos i have ever watched. Splendid!
@TheRacingPilot 2 жыл бұрын
Thanks a lot mate! 🙌
@zxhonourz3866 3 жыл бұрын
Very informative, fun watch
@TheRacingPilot 3 жыл бұрын
Thanks for watching! 👍
@ArunSapaare 3 жыл бұрын
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 3 жыл бұрын
Thanks Arun! Yeh the whole Ferrari budget thing is just so wrong if you ask me...
@ArunSapaare 3 жыл бұрын
@@TheRacingPilot yep, the feeling's mutual. 😌😌
@eMeSCZ 3 жыл бұрын
You can't say that! It'sa Ferrari!
@ArunSapaare 3 жыл бұрын
@@eMeSCZ 😂😂
@KitKitChanIsaac 3 жыл бұрын
@@eMeSCZ Its a shitbox
ГОНЩИК БЕЗ СЛУХА
Рет қаралды 1,9 МЛН