Create a Team - First Year Financial Guide - F1 Manager 2024

Hello there, today we are going to take a look at the finances for F1 Manager Create a Team. How you can setup your team and develop the car while still staying within the cost cap for your first season. Hope you find this helpful.

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[nimaeftekhari]

I've said it before... You are the F1 Manager GOAT! I love your videos!

[arg_]

I was 3 million over the cost cap by first season end finishing p5 in constructors. Just finished 2nd season and was 9 million under the cost cap and Piastri won the drivers title at my team and finished p2 in constructors. To start this third season I’ve got a decent gap to the rest of the field so I’ll be focusing on facility upgrades!

[mikechappell]

To figure out how much you can actually spend without going over the cost cap subtract the Projection (End of Season) from $139, 200, 000. At 28:46, you can still spend $15, 698, 000 and not go over the cap after all the monthly costs for the year.

[nwlf]

Thanks for another guide, Nero! I have a question, tho: Does the marketability o affiliate drivers counts towards the Team marketability? I mean, is it optimal to hire cheap drivers with good marketability to increase sponsorship payments or nay?

[nimaeftekhari]

I've found out something. The reason why your engineer do not come back after sponsor plans is that you should go to your engineer team and hire them again! (Like scout team that you hire second or third scout)

[sharpshader]

Turning durability down seems to be very risky as manufacturing parts for 2 cars really stacks up. 3mil away from the cost cap with six races left 😢

[GamingVilllian]

How’s your balance so high? I just made it into my second season after overreaching to finish P7 in the constructors and thought I’d have prize money to upgrade facilities but there’s zilch. Can’t even do a single Design ahead of Bahrain. 😔

[Le-Floof]

Good to hear that you're voice is sounding better and thanks for the excellent guide as usual!

[ditisnietspeciaal]

Jo Nero, have you tried running. Low pace, conserve and recharge for practice? I do belive this massively helps with saving gearbox and ERS aswell instead of engine only

[justinholtsclaw]

Anyone else’s video skipping around at the 5:30 mark?

[stefanias]

I can’t believe you didn’t explain you don’t need to use the wind tunnel and Tech to design parts. I had no idea you could just design a part without those hours!

[Neolithic]

Should I leave my drivers and staff training on balanced or focus on their weaknesses ?

[Popmycherryyo]

Got recommended over here after a comment on Zealands video when he tried this out. And I bought the game when I saw his video, cus it seemed stupidly fun. Played it myself for almost 2 hours with create a team etc, and I got omega overwhelmed etc, so refunded the game :P Now, after watching some of your videos, I think I'm gonna go ahead and buy the game again next month when the cash comes in again :P Amazing videos.

[DeMilo]

So... Am I right in saying that for the first part (with all CFD etc applied) its good to use as many engineers as possible to get the part made quicker, because all the expertise will be assigned to the next part instead (IE lots of engineers part 1, 1 engineer part 2)?

[ghost_caolan]

On your main save. How do u have over 100mil cuz I’m so confused and wondering how u have so much. If there’s any chance or possibly make a video of how to make so much money and maybe get over 50mil to 100mil

[christianbuchs]

How can you have 10 Engineers with Design Center at 1, i have only 6?

[matthewhead]

Finances haven’t been my issue with this game. Sure, I am bumping up against the cost cap by the end of the first season, one season I went over by 1.5mil. My issue with this game is the Board expectations.

I started with the worst car and worst facilities and the board wanted a 7th in the constructor’s for the season. After the first few races where I was finishing bottom four I got to a point where I was fighting for points, finishing 11th to 18th generally with my two cars. The board was “disappointed” for every race, the only time they weren’t disappointed was when I scores points which ended up being 2 races. I got fired as a result due to a loss of confidence.

[alexnowis]

Mate this video is timed perfectly, I'm at Monaco, season 1, create a team, most difficult settings, lowest facilities.
I'm running at less than 1M consistently, can't afford car development, hence can't risk higher race targets, hence lower payouts, stuck in a cycle.
I made the mistake of having lots of upfront sponsor funding & investing in all facilities to bring them up a few levels.
I'm trying to mitigate this by upgrading the tour centre, memorabilia centre, I'll take note of your hospitality centre point though.
Thank you!

[Dethpicable]

Totally agree with the no DRS in early development, this also helps you not over qualify. Early on you wont be using DRS to pass anyone in the race except against yourself. Great video, financials are a bit rough the first year for sure.

[zackbritt]

In my current save I’ve got I’ve got 8 million left of the cost cap with seven races to go in trying not to break it but I still might do it my team is the best it can be best car performance facilities most starting money all that yes I’m weird but that’s how I play