This is how much an F1 car costs when you add up every part and the total will blow your mind

Formula 1 vehicles are unrivaled in speed and agility, being the quickest circuit runners in the world. But how much an F1 car costs is enough to make your eyes water.

Throughout the Formula 1 season, crashes are an inevitability, and new cars are needed almost every week, from at least one or two teams in the paddock.

And every year, teams build an entirely new car and send last season’s off to the graveyard.

But the amount of money spent on this consistent conveyor belt of premium Formula 1 vehicles is astronomical.

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This is how much an entire F1 car costs

This year, McLaren made the best F1 car of the modern generation, taking home the championship by an absolute landslide, with Lando Norris piloting all the way to his first title.

But it wasn’t without risks, as the new design was one of the biggest financial gambles the British team had ever made. Lando even crashed his car twice and blew an engine on another occasion, racking up the expenses.

So, how much does it actually cost these brands?

Well, according to the social media account insidehistory, the engine alone costs over $10 million.

The account estimates that an F1 car costs around $20,000,000 in total, but fluctuates between each team.

• Driver Halo – $17,000
• Tires – $35,000 per set
• Steering Wheel – $50,000
• Front and Rear Wings – $250,000
• Gearbox – $350,000
• Electronics – $500,000
• Suspension – $500,000
• Chassis – $1,500,000
• Engine – $10,500,000

The modern F1 car costs much more than the older versions, which were much bigger but less intricate than the models we have now.

And then there’s fuel costs per race, too.

The costs don’t stop with just raw parts.

Formula 1 teams end up spending up to $140 million a year

So far, all we’ve figured out is how much the car costs. That’s the metal alone.

Then you have to throw in salaries, spare parts, testing and simulators, and race operations.

All in all, teams in 2025 could spend up to $141 million, which is capped by the FIA. As of 2026, that figure is rumored to rise to around $215 million.

With teams expected to run through five sets of tires a week, multiple wings, and many more parts, the F1 car costs can only continue to increase, too.

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