Cost of Formula 3
Cost of Formula 3
Author
Discussion

Fantuzzi

Original Poster:

3,297 posts

175 months

Friday 30th March 2012
quotequote all
This more of a 'out of interest' question thats been on my mind for a while now rather than something im looking to race in at the moment, although its something im looking at in the future depending on costs.

I know the rolling chassis for the lastest car is around 95000 euros, but whats the cost for the engines as there is 3 honda, merc and vw.

But mainly it was the entrance per round and the maintenance that I was wondering about.

Ive heard Brundle saying how expensive Formula renaults are so was expecting the costs to be massive but it seems far less than I thought.

Thanks!

Truckosaurus

13,234 posts

313 months

Friday 30th March 2012
quotequote all
I've seen suggestions of £500,000 per season to run with a top team in British F3.

I'm sure you can run in the BARC F3 series for a fraction of this though (used car, doing your own spannering)

belleair302

7,008 posts

236 months

Friday 30th March 2012
quotequote all
It is not the cost of running the car...it is a cost of running the people behind the car. Trucks, hotel rooms, petrol, supplies, spares etc....all cost money. A season with one or two international events would see not change out of £700,000 if not more.

EDLT

15,421 posts

235 months

Friday 30th March 2012
quotequote all
This might have been covered before, but how does it compare to other formulas and is F3 still part of the journey to F1 for Mr Young Up And Coming Driver™?

Life Saab Itch

37,069 posts

217 months

Friday 30th March 2012
quotequote all
belleair302 said:
It is not the cost of running the car...it is a cost of running the people behind the car. Trucks, hotel rooms, petrol, supplies, spares etc....all cost money. A season with one or two international events would see not change out of £700,000 if not more.
It's also a question of how many of those people are actually needed.


Something a Race Mechanic mate and I had talked about a couple of years ago. How many people could you cut out of the equation if you really wanted to?

We reckoned, if you had a race engineer willing to do parts etc, you could have a one car operation down to 4 people.

1 no 2 mechanic/truck driver
1 no 1 mechanic
1 race engineer/supplies ordering
1 poppet to answer phones/make tea etc.

All the rest is vaguely justifiable guff. That comes from 2 race mechs working it out.

Rufus

1,518 posts

236 months

Friday 30th March 2012
quotequote all
We discussed the costs of all the various formulas relatively recently in here. It is definitely still a good stepping stone for young drivers, look at Vergne for example. I think costs, as with everything, have increased in the last couple of years but when we did it in '09 most people in decent cars/teams were spending between £6-750k. It's hugely dependent on a number of factors though.

skeggysteve

5,724 posts

246 months

Friday 30th March 2012
quotequote all
LSI, while I agree with your basics, you have missed out the costs of the truck, workshop etc.

The British F3 series is now widely known as a series to make teams owners money not as a stepping stone that it once was.

I'd suggest that if you wanted to do a full season of British F3 you have a bank balance/overdraft/Dad that has close to seven noughts on the end of it and are if you are really good be prepared to sign away a high % of your future earning.

mattikake

5,110 posts

228 months

Saturday 31st March 2012
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Check here: http://www.brscc.co.uk/How-to-go-racing/How-to-go-...

My Uncle part owns, runs and manages this series. It's designed as cheap F3 (and other series). A 1999 car they run cost about £20K upfront, after that it's the usual fees and supplies costs. Even only one set of tyres for one weekend for all sessions and race, unless you want to use more than one set of course...

Obviously it's best to be mechanically minded as well. 4 of them go to races. They load their own trailer, drive it to events and do everything on the car from prep to race to packing it away again. Always a full day.

Edited by mattikake on Saturday 31st March 00:32

Life Saab Itch

37,069 posts

217 months

Saturday 31st March 2012
quotequote all
skeggysteve said:
LSI, while I agree with your basics, you have missed out the costs of the truck, workshop etc.

The British F3 series is now widely known as a series to make teams owners money not as a stepping stone that it once was.

I'd suggest that if you wanted to do a full season of British F3 you have a bank balance/overdraft/Dad that has close to seven noughts on the end of it and are if you are really good be prepared to sign away a high % of your future earning.
Of course, but you've lost the team manager, the chief mechanic, tyre bh, catering poppet, team secretary, storesman etc.

I was looking at personel costs as opposed tpo overheads.

You could cut down on overheads significantly too, if you were prepared to put your nose slightly out of joint.

anonymous-user

83 months

Saturday 31st March 2012
quotequote all
mattikake said:
Check here: http://www.brscc.co.uk/How-to-go-racing/How-to-go-...

My Uncle part owns, runs and manages this series. It's designed as cheap F3 (and other series). A 1999 car they run cost about £20K upfront, after that it's the usual fees and supplies costs. Even only one set of tyres for one weekend for all sessions and race, unless you want to use more than one set of course...

Obviously it's best to be mechanically minded as well. 4 of them go to races. They load their own trailer, drive it to events and do everything on the car from prep to race to packing it away again. Always a full day.

Edited by anonymous-user on Saturday 31st March 00:32
???

What series? That link is to a BRSCC booklet and the BRSCC don't have series that an F3 car can run in, do they?

The Club F3 Cup is run by MSVR, not the BRSCC nor BARC, as said earlier. Other than the modified F3 cars in Mono, the F3 Cup is the only place to run an F3 car other than the British F3 championship, as far as I am aware but I stand to be corrected.

Starting from scratch a decent F302/305 car will cost £30K to £40K. You will need another £20K for all the equipment needed to run it properly (lifters, jacks, scales, gearbox tools, spares etc), if you're starting from scratch.

Not sure of the running costs yet, but would expect about £20K per season, no staff costs involved. Easily possible to run the cars privately but you need some single seater experience, they are fairly complex in all areas.




rubystone

11,254 posts

288 months

Saturday 31st March 2012
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With one of the top teams in EuroF3 this year - E600k

superkartracer

8,959 posts

251 months

Saturday 31st March 2012
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FFord £100-£200k

F3 - £500-£Million for a race winning team, sad but true...

GP2 - 3-5 Million + Backing ££

F1 - 20 Million buys you a seat + millions in backing ( Sponsors )

Good luck or try karting or learn to fly Helicopters or something far cheaper

superkartracer

8,959 posts

251 months

Saturday 31st March 2012
quotequote all
Assuming you can drive?, mate of mine could beat any of the current drivers in a kart , ZERO cash gets him no-place and there are many many many very good drivers like him out there.

It's a real shame, i know an F1/F5000 champ from the 70's, when he started in FF he purchased a car and towed it to the races using an old van! he was spotted by a few teams and given a drive, it was that easy... he become F5000 champ and went on to race for BRM/Louts etc, great days.

jains15

1,013 posts

202 months

Saturday 31st March 2012
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Bob Evans?

superkartracer

8,959 posts

251 months

Saturday 31st March 2012
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biggrin yep top bloke and good friend, those F5000 cars were monsters ( brave guy )

Life Saab Itch

37,069 posts

217 months

Saturday 31st March 2012
quotequote all
jains15 said:
Bob Evans?
Durex sponsored F5000 Lolas iirc.