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Automotive News Europe, March, 2006
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The cost of speed
Formula One is the world's costliest sport, according to UK magazine F1 Racing.
The total bill last year for engines, research, development, salaries, track fees, travel, hotels and entertaining incurred by 10 teams competing in 18 Grand Prix races around the world was [euro]2.2 billion, claimed the magazine.
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The top spender was Toyota with a campaign costing [euro]424 million including [euro]10.2 million to entertain guests. That was ahead of Ferrari, which spent [euro]365 million - or [euro]1 million a day. Ferrari paid nearly [euro]40 million for ...
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Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »