(GMM) In an analysis of F1's staggering annual costs, a British magazine has found that teams spend more than a combined $2.6bn each year.
To put the figure into perspective, Fiji records a similar yearly gross domestic product.
Citing insider sources and laborious research, 'F1 Racing' said pitlane's biggest spender in 2005 was Toyota, with a whopping half-billion dollar budget, ahead of Ferrari, spending $437m.
Drivers' and constructors' champions Renault, on the other hand, also proved more efficient than McLaren, delivering the double crown on a $289m shoestring.
''F1's annual spend is at a level that, in a post-tobacco world, can only be sustained by the car manufacturers,'' the specialist magazine contended.
Written: Tue, 21 Feb 2006 18:44:34
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