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How do Formula 1 Teams Make Money?

Money rules Formula 1. And the teams must need A LOT of it to have success. But how do Formula 1 teams make money? And do they even make a profit at all? And is the whole financial format of F1 going to change with the budget cap? Stick around as I dive into all the various costs and incomes of an F1 team and look at whether Formula 1 teams actually make money... 0:00 Money in Formula 1 2:11 Costs of an F1 team 3:50 Revenues of an F1 team 8:10 How much did Mercedes make in 2019? 8:55 How does each team stack up? 9:48 The effect of the budget cap 10:45 Conclusion _________________________________________ FOLLOW OUR SOCIAL CHANNELS: Website: https://theracingpilot.com Instagram:   / theracingpilot   Twitter:   / theracingpilot   Pinterest: https://www.pinterest.co.uk/the_racin... DRIVETRIBE: https://drivetribe.com/u/K0N1iR8OEtTL... Facebook:   / theracingpilot   _________________________________________ MUSIC INFO Finally by Loxbeats   / loxbeats   Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download: http://bit.ly/FinallyLoxbeats Music promoted by Audio Library    • Finally – Loxbeats (No Copyright Music)   Lovely by Amine Maxwell   / aminemaxwell   Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: http://bit.ly/lovely-amine-maxwell Music promoted by Audio Library    • Lovely – Amine Maxwell (No Copyright ...   _________________________________________ Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. There are certain scenes from the Formula 1 calendar where race footage is used. All rights are property of FOM. Other photos and news elements are used solely for the purpose of assisting the original content in becoming more engaging or informative. This video is not intended to cause offence and is solely for entertainment purposes. Using this video without giving credit to the original source is an offence. #Money #Formula1 #F1