Obviously running an F1 car is an expensive hobby. There is no avoiding the fact that the cars are very specialised and that means reasonably expensive to run. However, HFO compares favourably with other prestigous championships.
How much you do spend depends very much on the specific car and how you want to run it. For example, some competitors use a new set of tyres at each event while others might use them for several meetings. Although all engines conform to the same technical regulations, there are differing specifications which affect the cost of rebuilding and the rebuild interval.
One cost that’s difficult to control is accident damage. Every circuit we visit has an F1 grade licence with high levels of safety and generally good run-off areas. Accidents do happen though, so remember to factor that in to your calculations.
The best way to get a feel of the likely costs is to talk to the engine builders and preparation specialists on our links page to discuss your requirements, or talk to someone offering a rental package to put your toe in the water for a race or three.
To give you a starting point, costs for a typical season consisting of 6/7 events range from around £50,000 – £150,000 including travel and accomodation. At the lower end, this will be for older, less complicated cars and drivers doing much of the preparation themselves with no accidents.
This does not include the purchase cost of a car of course, if that is the route you prefer but it is worth noting that all the cars have been appreciating in value for some years.
Hide/Show Notices