The Economics of Everyday Things

110. Formula 1 Teams


Listen Later

In a sport that generates more than $3.5 billion a year, teams compete in cars that cost $70 million to develop and build — and a split-second to crash. Zachary Crockett assesses the damage.

 

  • SOURCES:
    • Steve Cripps, chief financial officer at Williams Racing.

 

  • RESOURCES:
    • "Everything you need to know about F1 – Drivers, teams, cars, circuits and more," (Formula 1, 2025).
    • "How Williams, F1’s ultimate underdog, found success — and might again," by Madeline Coleman (New York Times, 2025).
    • "How fast do F1 cars go?" by Amanda Clark (Red Bull, 2024).
    • "Aerodynamics in Formula 1 | F1 Explained," (Formula 1 Youtube, 2024), 
    • "Williams Racing," (Formula One History).

 


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The Economics of Everyday ThingsBy Freakonomics Network & Zachary Crockett

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