How Much Does it Cost to Start a Formula 1 team?

Starting your own Formula 1 team does sound like it would be quite fun, but it's quite the opposite. You need serious dollar in the bank, hundreds of employees and much much more. So for those interested in giving it a go, I'm going to break down step by step how you can start your own Formula 1 team, and believe me you might feel differently at the end...

0:00 Introduction
1:23 Overview
1:49 Finances
3:29 Capital
4:57 Labour
6:58 Operations
7:45 Conclusion

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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.

#StartYourOwnTeam #Formula1 #F1

[Jay-qmcx]

This video came at the perfect time because I was just looking to start my own F1 team this evening.

[TheBje]

Looking at this video, now im impressed that Haas and Williams are still on the grid, struggling but you get the

[samuelpearsall]

Ah... I now see why I failed starting my F1 team, didn’t have desks, chairs and drill bits. If only this came out last year 🤦🏻‍♂️

[naheelsiddiqui]

I clicked on this video even though I’m nowhere near purchasing a ticket to a race

[nert-]

For $350 million, just buy a Premier League club. More profitable, more fun, easier to run. F1 is still awesome as all balls

[vedasamhitmatta]

Right now, I was playing real racing 3 and this guy gave me a chance to appreciate it.

[shaxzodziyadullayev]

This is the channel i have always wanted to watch. Little humour, categories, animations, understandable, informative and meets my expectations

[arthurdelaune]

Would be good to have a video on teams like HRT, Caterham, and Manor on why they're no longer around and potentially the rise and fall of Force India to becoming Racing Point

[neddiego]

How to start a F1 team.
Me : Ask from Vijay Mallya.
Don't ask him how to start an Airline.

[yeat]

When I was young I used to think drivers were the only important careers in Formula1, but later I learned that there's a whole bunch of super successful people who work in F1 they just might not be as famous as the drivers.

[dacoconutnut]

Pay the teams a generous fee of 200 million too

[pachidermo]

This whole "owning sports teams" thing sounds really cool. It's unfortunate that access to it is restricted to people who happen to be insanely wealthy, because I'd love to try my hand at it.

[chriseze]

My f1 team is coming to grid soon in the near future

[hibiscushumbani]

you need basically a billion dollars to start a team, thank you for this

[Rich-smho]

why spend 350 millions dollar to start a team when you can start one for 49, 99 in codemaster f1 game

[justinpharand]

Bruce McLaren, Eddie Jordan, Gene Haas. I can't believe he forgot the late Alexander Redbull. A real motorsports pioneer if I remember correctly

[heisenberg]

Thank you for the video. See you all in the grid

[BobbyGeneric]

I wish Haas made a documentary about their formation. Itd be soo cool.

[rrevestual]

that pan when bankrupt was mentioned to the rear of the force india car

[Spyderz-xorz]

"The more you spend the more successful you are" That's a nice way of saying PAY TO WIN hahaha