How much do Formula 1 tyres cost?
A single F1 tyre can cost anywhere between £1,200 and £1,600, and with teams needing multiple sets over a race weekend, the total cost can quickly skyrocket. Unlike other championships, there is just a single tyre supplier in F1 – Pirelli – who are paid by the teams to supply tyres for the season. Here SunSport looks into the F1’s world of rubber and answers some of the key questions.
How much does a F1 wheel cost?
Steering wheel on an F1 car can cost between 50 and 100thousand US dollars. It’s not just a wheel though. It’s a mini computer with around 25 buttons and switches which must be changed while a driver is travelling at speeds of more than 300 kilometers an hour. For example, the steering wheel on an F1 car is estimated to cost up to $100,000. When the average price of a new car is just under $50,000, the chances are your daily driver is less valuable than a wheel angrily tossed into a gravel trap after a first-turn crash.
How much is a F1 Pirelli tire?
According to Motorsport Magazine, Head of Pirelli Motorsport Mario Isola confirmed that each tire costs €600. Translated to USD, this figure would be approximately $625. Using those figures, a set of four F1 tires would cost an estimated $2500. Michelin Pilot Sport PAX Tyres (For Bugatti Veyron) The secret behind this model are the PAX run-flat tyres that keep going after a puncture. Each tyre costs $10,000, but that is nothing compared to the total price of the vehicle which is more than $2.
How much does a F1 engine cost?
An F1 engine costs between $11 million and $16 million to produce. Over a single season, a team can spend up to $64 million on engines alone. While larger teams with factory backing might handle these costs more easily, customer teams often operate under much tighter financial constraints. The current price range for one of these racing cars may lie between $12 to $15 million, according to Red Bull. During the 2022 season, F1 teams were allotted $145. Instead, the money could be put toward building the driver’s car.F1 engines are at the peak of automotive technology and manufacturing, worth upwards of 7 million dollars each. A single piston costs almost $100,000 and has to withstand over 200G! Formula 1 is a realm where engineering marvels are the norm, and the pistons used in these high-performance engines are no exception.