graham.reeds wrote: wuzak wrote:
graham.reeds wrote:I suspect that Audi and Porsche costs are are approaching (or surpassing) those of the bottom end F1 teams. Honda has customer teams in LMP1 but aren't competitive.
Audi and Porsche are each spending more on LMP1 than Mercedes is in F1....
Linkage for that assertion?
Overall spend will be less. But that's not the complete picture.
Mercedes total spend will be more, but their actual cost could well be less. They make around 65 million from selling their engines, with spending in the region of 150 million, but this figure is also inflated due to the design and build of the V6 turbo's in prepaeration for their first season. The money out of pocket spend is around 80/90 million a year to Mercedes for engines.
Financial statements for the German manufacturer's F1 engine manufacturing division in Northamptonshire show that in 2013 it spent £133.9m which is nearly double the budget it had just three years earlier
A further 220 million in prize monies along with equal the equal shares pot, and around 80 million in sponsorships.
So they can go and spend 350 million before it actually costs them anything to go racing.
Audi in the meantime, have a total spend of 242million in WEC(2015) according to racer magazine.
http://www.racer.com/more/viewpoints/it ... -f1-rumors
I cannot get any information on WEC and their prize fund, but given that alot of drivers race for nothing, and that Michelin gives a $1 Million dollar prize to the winner of Le Mans(a notable prize), and that WEC is a rarity on TV in England, Holland, South Africa and Portugal(first hand experience in that) I cannot see Audi getting more than 50/60 Million a year from it.
The cars are also pretty thread bare on sponsorship. 20 Million a year perhaps?
That leaves a 160 million black hole in Audi's budget, which they can offset to showcase their brand in marketing.
Similarly Porsche will have a similar overall cost. Which means the actual cost to the VW(Audi,Porsche)group in in the region of 300 million dollars a year.
Even at 160 million loss each, that's probably around what Mercedes loses or props up the team with each year to be in F1.
Could be less, could be more...but certainly not far off each other.
But VW group lose far more getting 2 brands to race in WEC than Mercedes does in F1, I'll take a sizeable bet on this...