Cost And Speed of F1 Car : Formula 1 is often regarded as most adrenaline rushed sport, take a look about the cost and speed of the Formula 1 car in 2021.
The Formula 1 are not only most beautiful piece of machinery, but is also considered a beat in the sporting world. With the speed of the machine being at an average speed of 300kms/hr, it is vitally important to keep the driverโs safety intact while driving the high-speed beat. Naturally, the F1 cars incur a lot of cost, which mostly depends upon how much a particular team is willing to incut on developing its title challenger.
Does this depend upon the net worth of the team? Apparently it did in the past, but not anymore as the FIA has come up with general regulatory guideline which restrict a power-house like Mercedes and a relatively small team like AlphaTauri to spend within a budget capital of $145 Million in the 2021 season.
Cost And Speed of F1 Car: What is the Speed of the Formula 1 Car?
The modern day Formula 1 cars are obviously more functionally equipped with win tunnel, onboard telemetry, 15000 rmp strong engine capable of reaching upto an average speed of 330kms/hr.
What is the Cost of The Car?
The cost of making a Formula 1 car does not only include the cost of parts used, but also the cost of the logistics being involved in moving these cars all around the world throughout the season and accounting for damages done on the race weekends.
The Turbocharged engine 1.6 liters V6 Engines cost approximately around $10.5 Million. However, the actual cost might vary from team to team depending upon their plan and cost cutting efficiency. To give a more precised idea, take a look at the table below-
| Car Parts/Equipments | Average Cost Incurred |
| Front Wing | $ 1,50,000 |
| Halo | $ 17,000 |
| Set of Tyres | $ 2,700 |
| Steering Wheels | $ 50,000 |
| Engine Unit | $ 10.5 Million |
| Fuel Tank | $ 1,40,000 |
| Carbon Fibre | $ 6,50,000 |
| Hydraulics | $ 1,70,000 |
| Gearbox | $ 4,00,000 |
| Rearwing | $ 85,000 |
| Total Cost | $ 12.20 Million |
Also Read: The Formula 1 Budget Capital rule explained in Detailed