Toyota has $445.6m F1 budget

Posted on | Author Keith Collantine

Toyota has almost ten times as much to spend this year as Super Aguri did
Toyota has almost ten times as much to spend this year as Super Aguri did

Last week’s astonishing events on the financial markets will surely have an impact on F1 sooner or later. Governments are supporting major financial institutions and others are going to the wall.

This will inevitably impact upon a sport like Formula 1 which devours money. New research shows the teams have over $3bn in resources this year. And Toyota has more money to spend than any other team but it is one of three outfits with over $400m to spend. Here are the astonishing figures that show the true cost of competing in F1.

2008 F1 team resources

Including sponsorship, supplier deals, prize money, team owner contributions, tyre provision and supply of customer engines where appropriate.

Toyota: $445.6m
McLaren: $433.3m
Ferrari: $414.9m
Honda: $398.1m
Renault: $393.8m
BMW Sauber: $366.8m
Red Bull Racing: $164.7m
Williams: $160.6m
Toro Rosso: $128.2m
Force India: $121.85m
Super Aguri: $45.6m

Total: $3,073.45m

2007 team cost per point

2007 team resources divided by points scored.

Ferrari: $1.9m
BMW Sauber: $3.3m
Williams: $4m
Red Bull Racing: $5.9m
Renault: $7.3m
Toro Rosso: $10.6m
Super Aguri: $19.4m
Toyota: $34.2m
Spyker: $52.95m
Honda: $57.2m
McLaren: No points scored

Average length of current sponsorships by team

Ferrari: 13 seasons
McLaren: 7.07 seasons
Toyota: 5.36 seasons
BMW Sauber: 4.27 seasons
Renault: 3.97 seasons
Williams: 3.83 seasons
Honda: 3.28 seasons
Red Bull Racing: 2.73 seasons
Force India: 2.16 seasons
Super Aguri: 1.88 seasons
Toro Rosso: 1.86 seasons

Source: Christian Sylt / Formula Money