The Future of Formula One, Where Should It Go?

The Future of Formula One, Where Should It Go?
Formula One costs have been the subject of controversy over the last decade. In the effort to stay on the leading (bleeding) edge, many manufacturers are shooting for the moon and spending like it.

When the estimated 2006 racing budgets are combined, the total outlay is over 2.756 BILLION dollars! Simply put, if F1 were a country, it would rank 147 out of 180 countries on the International Monetary Fund list for Gross Domestic Product.

Together Toyota and BMW are spending an astonishing $771 Million dollars to pursue a crown that they are nowhere close to obtaining in 2006, if ever. F1 is under scrutiny, and appears to be slowly moving away from it’s unaffordable elitist status, and more towards relevancy and relation to the real world.

Should F1 be a showcase of leading technology and a direct line back to advances in roadgoing technology, or should it continue to push for technology sake?

Where do you think F1 should move in the future?


Estimated 2006 F1 Budgets as of January 2006

McLaren Mercedes: $400M
Toyota: $393M
Honda : $382M
BMW Sauber: $378M
Ferrari: $329M
Renault: $300M
Red Bull Racing: $201M
Williams: $134M
Super Aguri: $95M
Midland F1: $76M
Scuderia Toro Rosso: $66M

Source: http://www.linksheaven.com/?p=236


IamEvilHomerIamEvilHomer - 8/15/2006 1:16:35 PM
+1 Boost
wow bMW is not last ? Good boys finished 4th
4th in their only race dooooh


IamEvilHomerIamEvilHomer - 8/15/2006 1:18:21 PM
+1 Boost
oh that was the budjets - i guess i need to read better
but i am not sure if i have ever seen BMW even place thoguh- keep spenind that hard erned money for last place


PlanoA4PlanoA4 - 8/15/2006 1:27:27 PM
+1 Boost
BMW spending hard earned money for last place? Same could be said of Toyota. BMW and Toyota are tied at 26 points (at least there is company in their misery). The leader is Renault at 149 followed by Ferrari at 142. As you can see they are not having a good year at all. For those combined costs, they could have started their own series and raced against each other.


JoviJovi - 8/15/2006 2:43:56 PM
+1 Boost
whats wrong with the cost? F1 should cut costs for the lower teams... Theres 22 other "teams" waiting in the wings for approval by Bernie...

They'll be happy to take spots if the others pull out...


chewychewy - 8/15/2006 3:05:05 PM
+1 Boost
The numbers are actually a bit higher.
Toyota 499.05
Ferrari 432.98
McLaren 419.95
Williams 360.12
BAR 360.16
Renault 287.81
Sauber 161.32
Red Bull 139.22
Jordan 104.20
Minardi 50.31

http://www.aptcar.com/team-budgets-2005-vt12310.html


CPILLARCPILLAR - 8/16/2006 9:37:25 AM
+1 Boost
Gee Homer,

BMW was actually on the podium in the last race. Most cars don't come close to that in their first year of independant operation. BMW was also on the podium in the first race of their return to F1 in the early 2000's.

Let's see Audi step up to a series with multiple manufacturers instead of racing against themselves. Audi spends their budget to race against themselves....very novel.

BMW has pushed technology from F1 down to their road cars, sales are rising and their margins and profitability are well intact. So, despite the expense, the numbers suggest that it is paying off nicely.


IamEvilHomerIamEvilHomer - 8/16/2006 1:23:33 PM
+1 Boost
CPillar- I guess you don't watch DTM?

Formula 1 is a waist
but hopefully if ALMS continues to screw over Audi (that is still kicking but) then maybe you will see Audi

F1 is usualy the company that spend the most wins


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