How F1 Teams ACTUALLY Spend $350M a Year (ft. Guenther Steiner)

Video Description

💡 To try everything Brilliant has to offer for free, visit https://brilliant.org/DRIVER61. You’ll also get 20% off an annual premium subscription! 💨 🏎️ Join the waitlist for our Aerodynamics Unlocked course: https://driver61.com/education/f1-aerodynamics-courses/ 🏎️ Our current wallet features genuine carbon fibre from Michael Schumacher's legendary B194 – the car that clinched his first World Championship! Limited quantity available - buy yours here: https://sixtyone.store/ 🎯 Considered a career in motorsport or F1? Take our assessment to see if you're and get a personalised report: https://driver61-education.scoreapp.com 🚀 Search for the latest Motorsport Jobs with Fluid Jobs by Driver61: https://fluidjobs.com/youtube 🏆 Get trophi.ai, our iRacing AI coach, and take the 7-day challenge at https://get.trophi.ai/driver61/. Try free for 7 days + 36% off an annual premium subscription! 📺 Watch more Driver61 here: How Formula 1 Pistons Are Made (I went to the factory) https://youtu.be/IY9GDDtEfKQ Why F1 Wheel Nuts Cost £50,000 https://youtu.be/X30coNL4Jw8 What's Inside a £250,000 F1 Gearbox? https://youtu.be/dIvuZKBDj3E How Formula 1 Brakes Work (F1 team explains) https://youtu.be/oHRkLqmZa6c Why F1 Teams Spend £8m on Simulators (I drove one) https://youtu.be/FPxoXtR9DxE Some F1 teams spend up to $350 million a year, which is a massive amount of money - and much more than the official $135 million budget cap. So, what’s going on? Well, I spoke to Guenther Steiner to really understand how much F1 teams are spending. In this video, we'll dive into the incredible money that makes F1 teams work – where the money comes from, where it goes, and why the gap between top teams and the rest remains so wide despite the cost cap. 📢 Advertise to 7.3 million F1, motorsport and Engineering fans: https://driver61.com/advertise/ 📹 All source footage can be found here: https://bit.ly/4iLsVDt 👉 My other socials: - Instagram - @official_driver61 - https://bit.ly/D61Insta - Facebook - OfficialDriver61 - https://bit.ly/D61Facebook - TikTok - @official_driver61 - https://bit.ly/D61TikTok - Twitter - https://twitter.com/scottkmansell 🛞 My Sim Kit: - Fanatec DD2: https://bit.ly/driver61-fanatec - SImlabs P1X Pro: https://simlab.prf.hn/l/ZZ9AkG5 #F1 #Formula1 #GuentherSteiner