Formula 1 Racing Cars: From Cost to History, Here's All You Need to Know

The Thrill of Formula 1 Racing

F1 is the ultimate motorsport governed by FIA regulations. It features high-speed action, cutting-edge technology, and elite engineering.

The Sky-High Cost of an F1 Car

An F1 car costs between ₹100-200 crore, with key components like the chassis, aerodynamics, engine, transmission, and tires making up the cost.

Who Makes F1 Cars?

Top teams like Mercedes, Red Bull, Ferrari, and McLaren design their own cars, but rely on specialised suppliers for certain parts like engines and gearboxes.

Where Does Formula 1 Take Place?

F1 races are hosted worldwide at legendary tracks like Silverstone (UK), Monza (Italy), Monaco, Suzuka (Japan), Interlagos (Brazil), and the Shanghai International Circuit (China), which is set to host the upcoming Chinese Grand Prix.

India’s Short-Lived F1 Journey

India hosted the Indian Grand Prix (2011-2013) at Buddh International Circuit but withdrew due to financial and tax disputes.

The Massive Cost of Hosting an F1 Race

Hosting an F1 race requires huge investment, with fees ranging from ₹129 crore to ₹474 crore annually to stay on the calendar. Some venues, like the Las Vegas Grand Prix, spent $435 million (₹3,650 crore).

The Evolution of Formula 1 Racing

F1 began in 1950 with just seven races. Over the decades, it has expanded into a global motorsport phenomenon, with new safety and technology advancements.

Why Formula 1 is the Pinnacle of Motorsport

From multi-million-dollar cars to elite drivers and worldwide fame, Formula 1 stands as the most prestigious and technologically advanced motorsport.