where does all the money come from?
I realize a majority of it is from the sponsorships and that there is a % share of TV money and tickets sales. However, the top teams have a budget of about $300M-$400M. Does Ferrari sell so many hats and t-shirts that they can afford to pay michael $40M/year?
Just curious if anybody has any insight on this.
tobacco, alcohol, petroleum sponsors
are you saying they get $200M from sponsors?
for the 8-10 teams that make up the grid, that is almost $2B/year in sponsorship money. is that possible? i know that everybody is working to cut the costs of f1, but the current economics don't work out.
Re: are you saying they get $200M from sponsors?
manufacturers like toyota, mercedes, bmw, and ferrari (fiat) put vast amounts of money into their programs. the rest comes from giant corporations that foot the rest of the bill. drivers often bring their own sponsership dollars with them (alex yoong last year).
baumgartner, klien, sato, pantano. a lot pay2drive
it's a demo. so guess what the details are.
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Yep, Marlboro gives Ferrari $150million/yr.
IIRC. I'll guess that the other sponsors (e.g., shell, bridgestone) pour in another 100 million or so collectively. And then the entire Bridgestone F1 program is dedicated to Ferrari.
Re: HSBC (Bank of Scotland)
Believe it or not, Cosworth (ford engines) actually MAKES money.