Insane Eight Figure Cost of Building an F1 Car Revealed
From speed, and entertainment to the adrenaline rush, the craze for Formula One is everywhere but how expensive is that speed beast?
What?
The Formula One cars are very fast machines with speeds reaching 300 km/hour.
Cost of an F1 Car
According to Red Bull, each F1 car is estimated to cost around $12-16 million.
The Engine
A turbocharged 1.6-litre V6 engine is the most expensive part of the car valued at $10.5 million.
Chassis, and the Steering Wheel
The chassis is the second-most expensive part costing around $700,000 to manufacture while the steering wheel costs $50,000.
Gear Box
The gearbox of an F1 car costs roughly $400,000.