A closer look at the rapidly rising logistical costs in F1 which has already put the budget cap under huge strain... ✍️ FormulaAccess
The scary logistic costs which already has F1’s budget cap ready to burstFormula 1 spent quite a bit of energy putting a cost cap into place for 2022 in May 2020 – but why are teams feeling the pressure of keeping costs under the $140 million ceiling and losing confidence they can make it to the end of the season?
Formula 1 consumes up to 300 trucks to head from race to race – multiply that by 23 races in 2022 and a potential 24 races in 2023. Lining up those 300 trucks would result in a line over five kilometres in length, according to DHL. The cost of moving those trucks around has also exponentially increased.
With cost caps holding firm, a team’s shipping budget must be doubled annually if the trend lines continue. These 100% increases year-over-year trends place even pressures on a team to limit investment in upgrades and repairs after an accident.
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