How much does it cost to repair an F1 car?

Every time you’re thrilled by an amazing Formula 1 crash, be thankful the repair costs are not claimed on your car insurance.

Cost to repair a formula one race car

Boy is it an exciting time for racing enthusiasts. Not only has the 2015 V8 Supercars Championship kicked off with a bang, but the best of the best – the rev head elite – have descended on Albert Park in Melbourne for the beginning of this year’s Formula 1 World Championship. Aussie Daniel Ricciardo is now officially the number one driver at Red Bull – like he wasn’t last year, right? – and he’ll be chasing down current champion Lewis Hamilton of the UK and his incredibly fast Mercedes.

Going fast is something F1 cars do better than any other vehicle – they’re like rockets strapped to wheels, strapped to completely crazy humans. The top teams spend upwards of $450 million a year on the championship, sparing no expense in eking out an extra hundredth of a second from every corner. It makes you wonder what it costs when, in pursuit of that micro-second advantage, they have a crash. A bingle. A prang. A loving embrace with a foot-thick concrete wall.

At finder, we specialise in helping Australians compare their available car insurance options so they can make the most-informed decision possible and ultimately, save a stack of cash. So if you’re thinking of picking up an F1 car on eBay any time soon, here are some of the costs you may want to consider simply for the raw parts – we shudder at the thought of adding labour expenses!

Was this content helpful to you? No  Yes

Related Posts

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

2 Responses to How much does it cost to repair an F1 car?

  1. Default Gravatar
    BirdMan | March 14, 2015

    Are these figure is euros or?

    • Staff
      Shirley | March 16, 2015

      Hi BirdMan,

      Thanks for your question.

      These figures are in Australian dollars.


Ask a question