How Much does a Formula 1 Car Cost?
The cost of a Formula 1 car varies depending on the team, design complexity, and parts. On average, an F1 car in recent years costs around $12–$15 million. Here’s a breakdown of major components: Component Estimated Cost (USD) Description Chassis $700,000 – $1.5 million Lightweight carbon fiber monocoque structure for safety and rigidity. Engine (Power…