The average cost per team, starting in 2009, down from 209 to 113 million euros.
Business Book Publishing GP details in its latest edition that the policy of austerity prevails for two years in Formula 1 is working. At the same time, the report records that as the Ferrari team remains the biggest budget.
According to the article, the Scuderia has made available 199 million euros, while the team that spends less is Hispania 34 million.
The journal said that Formula One Team Association (FOTA), chaired by Martin Whitmarsh, McLaren chief, was successful in its intention to cut costs. And it offers a telling fact: the average cost per team, starting in 2009, down from 209 to 113 million euros.
This is due not only to the entry of new teams such as Virgin, Hispania, Lotus, Sauber, with relatively low availability, but also to the output of BMW and Toyota, which until the 2009 crisis were among the investing figures high. He also helped lower the average cost of a new economic dimension of Renault.
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