2015 F-1 cost
From: clyderomerof4 (clyderomerof4gmail.com)
Date: Sat, 19 Dec 2015 09:31:47 -0800 (PST)

F1 Fees

http://www.gptoday.com/full_story/view/549970/Mercedes_has_bittersweet_feeling_over_record_48_million_entry_fee/

Mercedes boss Toto Wolff says his team has been left with a bitter-sweet feeling after having to pay a record $4.8 million entry fee for the 2016 Formula 1 championship.

The German car manufacturer already had to pay a big fee for this year under the revamped system, after scoring a total of 701 points during the 2014 season.

But not only have the fees gone up slightly - Mercedes must pay $6,194 per point scored, on top of a base entry fee of $516,128 – it has also scored two more points than last season.

It means the entry fee is a record $4,870,510 – which Wolff admits has been painful to pay.

"Expensive," Wolff told Motorsport.com about the scale of its entry fee. "It is always sad signing it off. It was a system being set up a couple of years ago now.

"It leads to a situation where if you score a lot of points the entry fee for next year is huge.

"Nevertheless we are here for sporting success and scoring that many points means we had a really good season. Therefore maybe there is a bitter-sweet feeling in signing it off."

 

Points record

Mercedes managed to score more points than in 2014 despite the Abu Dhabi finale not having double points this time around.

Wolff says he is not too interested in records, though, as long as Mercedes keeps on winning titles.

"There are many metrics that we monitor, and which are important to us," he added. "The maximum number of points in not the most obvious one – it is winning the championship and winning many races and being on pole.

"There is sporting reliability, mechanical reliability, and overall continuing to develop your team – or the team developing itself.

"For me personally the number of points, the highest ever points scoring, is just a figure in a book. It is of no great interest."

F1 team entry fees for 2016:

Team

Points scored

Entry fee

http://cdn-3.motorsport.com/static/img/cfp/0/0/0/0/83/s3/germany-4.jpg Mercedes

  703

$4,870,510

http://cdn-8.motorsport.com/static/img/cfp/0/0/0/100/108/s3/italy-2.jpg Ferrari

  428

$2,725,036

http://cdn-7.motorsport.com/static/img/cfp/0/0/0/200/227/s3/united_kingdom-2.jpg Williams

  257

$1,842,505

http://cdn-4.motorsport.com/static/img/cfp/0/0/0/0/14/s3/austria-2.jpg Red Bull

  187

$1,481,235

http://cdn-2.motorsport.com/static/img/cfp/0/0/0/100/102/s3/india-2.jpg Force India

  136

$1,218,024

http://cdn-7.motorsport.com/static/img/cfp/0/0/0/200/227/s3/united_kingdom-2.jpg Lotus/Renault

    78

   $918,686

http://cdn-8.motorsport.com/static/img/cfp/0/0/0/100/108/s3/italy-2.jpg Toro Rosso

    67

   $861,915

http://cdn-8.motorsport.com/static/img/cfp/0/0/0/200/208/s3/switzerland-3.jpg Sauber

    36

   $701,924

http://cdn-7.motorsport.com/static/img/cfp/0/0/0/200/227/s3/united_kingdom-2.jpg McLaren

    27

   $655,475

http://cdn-7.motorsport.com/static/img/cfp/0/0/0/200/227/s3/united_kingdom-2.jpg Manor

     0

   $516,128

 

F1 Team Budgets

http://www.crash.net/f1/news/221835/1/f1-2015-team-budgets-published-but-which-team-spends-most.html

 

The annual list of Formula 1 team budgets has again been published, with the top-four all set to spend in excess of €400 million this year, it is claimed. 
The information - complied by Business Book GP and reported by Spanish newspaper El Mundo Deportivo earlier this summer - alleges that Red Bull Racing spend the most, with a budget of €468.7m, €1.3 more than the current pace-setters, Mercedes. 
McLaren Honda comes in third, apparently getting through €465m this year, while Ferrari has a budget of €418m and Williams survives on less than halve that, €186.4m. Lotus, Toro Rosso and Force India all spend between €139.1m to €129.7m, with Sauber then on just over €100m and Manor, unsurprisingly on the smallest budget, just €83m. In total all ten teams spent almost €2600m in 2015. 
The full breakdown is below - 

F1 2015 team budgets: 

Figures in brackets show income from sponsors, then partners and then from TV/FOM...

1. Red Bull Racing        (€266m + €35.7m + €167m) = €468.7m 
2. Mercedes                (€122m + €212.4m + €133m) = €467.4m 
3. McLaren Honda (€144.5m + €216.5m + €104m) = €465m 
4. Ferrari                      (€208.5m + €34.5m + €175m) = €418m 
5. Williams                    (€52.5m + €22.9m + €111m) = €186.4m 
6. Lotus                              (€69.5m + €13.6m + €56m) = €139.1m 
7. Toro Rosso                      (€68m + €9.45m + €60m) = €137.45m 
8. Force India                  (€49.5m + €12.2m + €68m) = €129.7m 
9. Sauber                              (€44m + €9.25m + €50m) = €103.25m 
10. Manor                           (€0.5m + €32.5m + €50m) = €83m 

TOTALS: (€1025m + €599m +€974m) = €2598m ($3,884,448,000.00 Canadian)

 

F1 Budget bang for the Buck

http://bleacherreport.com/articles/2550212-f1-team-budgets-which-teams-are-getting-the-best-value-for-their-money-in-2015

Despite declining sponsorship revenue, the loss of the German Grand Prix (at least for this year) and falling television viewing figures, Formula One team budgets remain quite healthy.

This season, every team except Manor is spending more than €100 million (approximately $110 million), according to Business Book GP and the Spanish newspaper El Mundo Deportivo (h/t Crash.net).

But, as in any other sport, just because a team spends a truckload of money doesn't guarantee them anything. Red Bull, according to Business Book GP's estimated budgets, are spending more than any other team in 2015, but they currently sit a distant fourth in the constructors' standings.

Force India, meanwhile, have the third-lowest budget but are fifth in the championship, ahead of three teams spending more money than they are.

Last week, we examined which drivers are providing their teams with the best value for their salaries. Now, let's take a look at which teams are getting the most value for their budgets.

Euros Per Point Scored

Team

Budget (€)

Points

  € per point

Mercedes

467,400,000

383

1,220,365.54

Williams

186,400,000

151

1,234,437.09

Ferrari

418,000,000

236

1,771,186.44

Force India

129,700,000

39

3,325,641.03

Lotus

139,100,000

35

3,974,285.71

Toro Rosso

137,450,000

31

4,433,870.97

Sauber

103,250,000

22

4,693,181.82

Red Bull                      

McLaren

468,700,000    

465,000,000

96

17

4,882,291.67

27,352,941.18

Manor

83,000,000

0

 

F1 Drivers Salary’s

http://www.crash.net/f1/news/221215/1/f1-2015-driver-salaries-published-but-who-earns-most.html

 

The annual list of Formula 1 salaries has again been published, and Fernando Alonso is now comfortably top following his move to McLaren-Honda. 

The information - complied by Business Book GP and reported by Spanish newspaper El Mundo Deportivo - alleges the double F1 world champion is on €35 million a year - €13m extra a season – after inking a deal to return to Woking at the end of 2014. 
Sebastian Vettel has also got a raise after his move from Red Bull to replace Alonso at Ferrari, up from €22 million to €28m, but still €7m short of his predecessor. 
Lewis Hamilton is third on €25 million, although as he is still on his old contract that figure should increase dramatically next season, increasing to over €45 million per season, if figures quoted by the media after he signed his new three-year deal with Mercedes are to be believed. 
Kimi Raikkonen is fourth, estimated to be on €18 million, despite his less than spectacular performances with the Scuderia, while Nico Rosberg, Hamilton's Mercedes team-mate and chief championship rival comes in fifth, netting €13.5 million. 
Jenson Button had to settle for €10 million to retain his seat with McLaren – down from €16 million in 2014 – while Williams' Felipe Massa, Force India duo Nico Hulkenberg and Sergio Perez and Lotus duo Romain Grosjean and Pastor Maldonado all earn €4 million, it is claimed. 
Williams' Valtteri Bottas and Red Bull's Daniel Ricciardo both remain on relatively paltry salaries – given how highly they are rated - at €2 million and €1.5 million respectively, the latter earning double that of his new team-mate, Daniil Kvyat. 
Toro Rosso F1 rookies Max Verstappen and Carlo Sainz both take home €250,000 - €50,000 more than Sauber's Felipe Nasr and Marcus Ericsson. Will Stevens gets €150,000 from Manor and Roberto Merhi just €50,000, apparently to cover expenses. 
The full breakdown is below... 

Drivers: 

1. Fernando Alonso McLaren-Honda €35m 
2. Sebastian Vettel Ferrari €28m 
3. Lewis Hamilton Mercedes €25m 
4. Kimi Raikkonen Ferrari €18m 
5. Nico Rosberg Mercedes €13.5m 
6. Jenson Button McLaren-Honda €10m 
7. Felipe Massa Williams €4m 
Nico Hulkenberg Force India F1 €4m 
Sergio Perez Force India F1 €4m 
Romain Grosjean Lotus F1 Team €4m 
Pastor Maldonado Lotus F1 Team €4m 
12. Valtteri Bottas Williams €2m 
13. Daniel Ricciardo Red Bull Racing €1.5m 
14. Daniil Kvyat Red Bull Racing €750,000 
15. Max Verstappen Scuderia Toro Rosso €250,000 
Carlos Sainz Scuderia Toro Rosso €250,000 
17. Felipe Nasr Sauber €200,000 
Marcus Ericsson Sauber €200,000 
19. Will Stevens Manor €150,000 
20. Roberto Merhi Manor €50,000 

What the F1 teams spent on drivers in 2015: 

1. Ferrari €46m 
2. McLaren-Honda €45m 
3. Mercedes €38.5m 
4. Force India €8m 
Lotus F1 team €8m 
6. Williams €6m 
7. Red Bull Racing €2.25m 
8. Scuderia Toro Rosso €500,000 
9. Sauber €400,000 
10. Manor €200,000

 




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