How Much Do F1 Tires Cost (2023)

FAQs

How much does a single F1 tire cost? ›

After researching information and verifying it from reliable sources, we found that a single set of F1 tyres costs about $2700 USD. Since every F1 car is required to have 13 sets of tyres per Grand Prix weekend per F1 regulations, it means that each team spends about $35,100 worth of tyres per Grand Prix.

F1 Steering Wheel Cost

For example, the powertrain (engine, driveline components, and transmission) can take most of the overall cost of buying the vehicle with a price range that starts from $5 million to $10 million. Now for the F1 steering wheel… It can cost about $40,000 to $100,000.

Street car tyres will last about 15,000 Km, but the life of an F1 tyre is between 60 and 120 Km. Since they are built for extreme performance at high speeds, the rubber wears off in no time. This is why team personnel rack their brains to change the tyres at the appropriate moment of the race and in minimum time.

Attaching a definitive price tag on an F1 car is extremely difficult, however, according to Red Bull, each car is estimated to cost around $12-16 million USD. For the 2023 season, teams are permitted to spend a maximum of $135 million (£109m) on materials and activities related to car performance.

Unsurprisingly, the engine is the most expensive component. A singular turbocharged 1.6-litre V6 engine is worth approximately $10.5m (€130.3m), with teams allowed to use three of them throughout the season. The chassis is also notably pricey, costing around $700,000 (€663,285) to manufacture.

Bell F1 helmets come in a wide range of models and cost about $6000. Verdict: the cost of an F1 helmet (FIA 8859 certified carbon fibre) is $5000 without prints. The current FIA 8860-certified F1 helmets are a bit more expensive. But it doesn't mean that you can't buy F1 helmet.

Reliability is key in an F1 car, so roughly $350,000 (€331,642) is invested into the gearbox, which drivers control via a paddle system. Both the front and rear wings combine for a price of $250,000 (€236,887). That hefty sum is due to the customized nature of wings for each team.

35 million USD (2023)

Lewis Hamilton / Salary

Used racing tires are transported from the race arena to a waste tire recycling facility. There they are compressed into containers by tire recycling equipment and transported to a concrete factory in Oxfordshire, UK. The concrete factory uses them as an alternative to coal to power their kilns.

Michelin have not been in F1 since 2006 when they withdrew following the aftermath of the 2005 United States Grand Prix at Indianapolis. That race saw all Michelin-tyred cars forced to withdraw before the race began due to safety concerns which left only six Bridgestone-tyred cars on the grid.

How much horsepower does a F1 car have? ›

Even without the hybrid assistance, F1 V6s are still able to squeeze out almost 850 horsepower. Eric Alonso/Getty Images.

Formula One fuel would fall under high octane premium road fuel with octane thresholds of 95 to 102. Since the 1992 season onwards all Formula One cars must mandatorily utilize unleaded racing gasoline fuel. F1 Blends are tuned for maximum performance in given weather conditions or different circuits.

The modern F1 car can reach speeds of roughly 220mph on average when bombing down long straights. The fastest speed ever recorded in a race was from Valtteri Bottas's Mercedes in the 2016 Mexican Grand Prix when he reached a startling 231mph, though certain conditions have to be met for that to happen.

Yes, you can buy used f1 tyres from F1 memorabilia sites that have been made in to coffee tables and other home furnishings. If you put normal road tires on an F1 car, how long would it take for them to wear out?

Reliability is key in an F1 car, so roughly $350,000 (€331,642) is invested into the gearbox, which drivers control via a paddle system. Both the front and rear wings combine for a price of $250,000 (€236,887). That hefty sum is due to the customized nature of wings for each team.

How many used tires does F1 racing produce? During a Formula One race, drivers make between one and three pit stops. Each time they stop, all the tires are changed. This means a single racing vehicle uses 16 new tires in a three-pit-stop race.