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F1 Track Build Cost

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How Much Does It Cost To Build F1 Track?

Formula 1 is an extremely thrilling tournament featuring the world’s fastest cars. So, it is considered to be one of the most expensive sport in the world. The fastest and efficiently built machines in the world, the cars consistently cross speeds of 300km/hr. Thus, the tracks must be very different from the ordinary ones to hold these road jets and provide enough friction. Resultantly, these tracks will extract a huge money from the banks. How much it cost to build a F1 track? Here are the complete details.

F1 Track Build Cost

How Much Does It Cost To Build F1 Track?

Building F1 track is not a simple creepy task. Rather, a huge currency as well as great labor work required. The cost of building an F1 track varies from country to country as the price of land and other materials play a crucial role. Generally the cost for F1 track ranges between $250 million lowest to $500 million.

However, the upper mark is not final as cost of some tracks have crossed the $1 Billion mark. Abu Dhabi track cost a whopping $1.3 Billion and is the most expensive Formula One track so far.

Different factors are there to construct a fully functional F1 track which require a big amount of Dollars. Below are the complete details.

Asphalt Track

Formula One track is very important as it has to face high speed cars and firework of the tires. Asphalt is the most commonly used material for tracks as it has all the features to deal with the weather conditions. While, the friction provide enough centripetal force to the high speed cars on turns. Although the prices vary in different countries, Asphalt track cost average $75 million.

Earthworks

Formula One tracks are not the ordinary tracks with poor grading. To ensure healthy competitions, the roads must have a proper grading system and complete earthworks. Thus, it also creates a big burden on the bank as F1 tracks are not smaller in length. On average, the earthworks of these highly durable racing tracks cost around $50 million.

Grandstands

An enormous crowd comes to watch the racers live, driving the high speed cars. Thus, Grandstands are also kept under consideration while constructing F1 tracks. Average $30 million to $35 million required to construct Grandstands with complete facilities and other technology.

Pit Building

Pit building is the most crucial aspect of the grand prix racing track. While driving at such a high speed, there may some problems occur in the engine as well as tires. Thus, a proper pit building with all the necessary tools required. This may cost between $50 million to $80 million.

Media Center

Formula One has an enormous fan following all across the globe. People not only came to stadiums to watch their favorite racers but also a great number of fans watch the grand prix live on the TV. Thus a proper media center is also needed for broadcasters to set their cameras for proper coverage and live stream. This will put an additional burden of average $15 million to $25 million.

Medical Center

A medical center is also of worth importance on F1 track. Because there are always risk of accidents and injuries during the race. Thus, medical panels with complete first aid providing facility is also much needed. Generally, medical center may cause an expense, ranging between $5 million to $8 million.

Special Electronics

Simple racing track may not look interesting and for such a grand event like F!, there must be something different on the tracks. That’s why, special lights and other electronic devices like lasers, drone cameras and slow mo makers are there to make the races more interesting. These expenses will range somewhere between $30 million to $50 million.

All these are the details about the cost to build a fully functional F1 track. If there is any change in the details, we will make them available here. Stay tuned for more information!

Written By

Names Wajahat. Cricket is my game I might make it I might not either way will support Pakistan cricket in good times and bad. Here for all things Boxing, UFC, Tennis, F1 and sometime Golf.

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