How Much Does it Cost to Start a Formula 1 team?

Starting your own Formula 1 team does sound like it would be quite fun, but it's quite the opposite. You need serious dollar in the bank, hundreds of employees and much much more. So for those interested in giving it a go, I'm going to break down step by step how you can start your own Formula 1 team, and believe me you might feel differently at the end...

0:00 Introduction
1:23 Overview
1:49 Finances
3:29 Capital
4:57 Labour
6:58 Operations
7:45 Conclusion

_________________________________________
FOLLOW OUR SOCIAL CHANNELS:
Instagram:   / theracingpilot  
Twitter:   / theracingpilot  
Pinterest: https://www.pinterest.co.uk/the_racin...
DRIVETRIBE: https://drivetribe.com/u/K0N1iR8OEtTL...
Facebook:   / theracingpilot  
_________________________________________
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.

#StartYourOwnTeam #Formula1 #F1