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Haneda esimated 8 mon
(flaring: o cover is costs and,
Blifoustbere ae around 15 sources
Finis finding ven al of
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Formule Money the biggest sale investment in EL
last yeat was the Sl. shn spent onthe teams by thet
Cjners The starkest evidence tat money doesnot
buy sucess in Fs hat the biggest of these payments
‘eas the $550 mili that Honda spent on stam.
In contrast, Ferrari provided jst S60.
‘The moncy vested by te owners covers around
50 percent ote teas running et The all of his
investment goes on manufacturing the VS engines. The
accouns of Mercedes Fl engine depacunent shoved
that 2007 employed 25 staf and had a budget of
1750, The Fl teams themscles usually pend mre on
than anything else, wth McLaren paying is 570
employes including the divers, £549min 2007.
The team buses are topes up wih sponsorship,
hich st year bronghr in 2 ota of S856.9m ~ the
second-highest investment n F,The remainder of
the teams eos are covered by prize mone, and
this paid to them in quarier instalment by the
1 Group run by Berle Eesesone.
‘Las year artind $5000 of prize money was pao
the eas, and is she F Groups bigest ogni.
also employs 260 stat and onzanises the Lvs Paddock
Club corporate hospital. This cost heavy operation
roaules tansporig to each ean pe 75395 pieces
of eter, 4,000 asses, 0.000 pls, 3300 rhagnums
of champagne and 200 tomes overt materia.
The Fi Group also isthe race footage, which is
provided to Broadcasters around the world and reqices
‘imecas and operators o be low io every rac.
‘ontas, puting up the wacksde advertising hoard
{sat es itensive, since the FI Group contacts
Belgian company Pubbelium to handle Other fal,
such asthe podiim ceremony and the safes ca. re
also handled by te F Group, bu thir nss ae in tum
Supported by sponsorship Far example, Mercedes deal
to supp the sate cari wor aouind $5m anmealy
‘The only rum hat the eres have to sve fem
hosting FIs ele sles but,at an arerae cost of|
S25.7n the fee to hos a gran px can sometimes
ven outweigh the money reeived from spectators.
In 2007 governments provided total of $2750
cover FU hosting fees and parsculnlyin he current
‘conomic eimai, the verles that fk is sippor
St those most a isk
Siting on op of his entire system is he FLA. sends
Scrutineerssewards and sa othe races and yt ees
from the Fl Group as wel as from eeu tears and