Everything You Want to Know About $$$ in F1
Formula One claims 425 million fans around the globe. In 2014 the series had revenues of $1.8 billion and the annual profit was an eye-popping $519 million.
Other stats will amaze you. Four-time World Driving Champion, Sebastian Vettel has a $40 million salary, which doesn’t include retail sales of items such as tee shirts and beer can holders. The Scuderia-Ferrari pilot is German-born, so perhaps he’d prefer to sell beer steins over can-related memorabilia.
If you’ve ever wanted to know the whole picture of F1 budgets, this video from The Business of Formula 1, breaks down “all economic aspects of Formula 1 including the sports revenues, what it takes to build an F1 car, sponsorship fees and the costs involved in running a team.”
Narration is by legendary F1 pit-lane reporter Ted Kravitz.
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