F1 car prices | How much do Formula 1 cars cost?
How high can the price of F1 cars go? These are the fastest cars known to mankind. In this article we will consider the prices of such cars and their parts.
Formula cars are popular as the fastest known cars in the world. They run at an average speed of 300 km/h. To build a machine of this caliber, the amount of money invested is exorbitant.
The price of F1 cars is not fixed
Formula 1 cars are dream vehicles for many car enthusiasts. Models of many cars from big companies like Ferrari, Mercedes or Red Bull are popular for their races. They spend over $400 million. Small businesses are unable to spend as much and are sorely under-resourced.
But very few people know that there is no fixed model of F1. Every component of the car changes after every race, sometimes even during the race. Each car is designed after months of research and testing for racing only, and its parts are available in the market with a different price range.
To be fair to all teams, the FIA (Fédération Internationale de l’Automobile) has proposed a strict budget for all companies. $135 million is the maximum limit for races to be held in 2022.
Cost of major F1 car components
It is the most expensive component of the car. The engine used in the F1 cars is a 1600cc turbocharged V6 engine. It encompasses the internal combustion engine, the turbocharger, the engine genetic-kinetic unit (MGU-K), the engine heat generator unit (MGU-H), the energy reserves (batteries) and the control electronics. This all cost around $18.32 million.
Halo is a titanium structure built above the cockpit of the car to protect pilots from flying debris. It is an important part of the car, which has helped reduce accidents. The cost of a halo is around $17,000.
Front and rear fenders
The two wing-like structures help maintain the car’s balance as it traverses a corner at high speed while racing. Make and model change depending on race conditions. The price of the front fenders is around $150,000 while the rear fenders cost $85,000.
It is almost impossible for an F1 to operate without its hydraulic system. There are nine subsystems, namely: Power Steering, DRS, Differential, Reverse, Throttle, Intake Valve, Turbo Wastegate, Clutch, Gear Shifts and the wire brake. These are expensive and can cost up to $170,000.
The central part of the F1 car is a one-piece monocoque structure twice as strong as steel and 5 times lighter. It is made of 12 layers of carbon fiber mats. The halo, wings and other parts are directly attached to the chassis. Due to its great importance, its cost can reach $1,200,000.
Depending on the stroke and the number of laps, the tires are designed for optimum performance and minimum friction. They are either soft, hard or somewhere in between. Soft allows for more grip, but they degrade faster, while when hard the tire is more durable, albeit relatively slower. The average price for a set of tires is $3,000.
Some other vehicle parts and their average price are as follows:
Fuel tank – 1 $40,000
Gearboxes – $600,000
Ruffles – $70,000
Brake rotors and pads – $78,000
Floor and deflectors – $141,000
Driver’s seat and suspension – $48,000
Transmission Systems – $250,000
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