500K for 10 Races? The shocking cost of racing... + Weekly Job Alert
How much does it cost to participate in different Formula seasons?
Did you know that before coming to Formula 1, drivers have to pay to participate in each previous season?
Competing in a full season of F4, F3, and F2 involves significant financial commitments for drivers.
Based on different sources such as statistics, drivers themselves, and professionals from the industry, here is a little summary for you:
Formula 4: Costs typically range from $400,000 to $600,000 per season.
Formula 3: The expenses increase to between $600,000 and $1,700,000. This higher cost reflects advanced car technology. Additionally, the more famous and developed the team is, the more expensive the entry fees.
Formula 2: As a direct path to Formula 1, F2 costs are the highest, ranging from $1,500,000 to $3,000,000 per season.
Now, can you imagine trying to get into the industry without any sponsorship? By the way, you can learn more about sponsorship and team management in our collaborator's course, Motorsport Management. Now, let’s jump into our job alert for this week!
Motorsport Job Opportunities!
F1 and related jobs:
Alpine (UK): Executive Assistant, No 2 Mechanic (Race Team), Composite Parts Coordinator, Model Shop Team Leader, Composite Technician - Laminating, Machinist, Turn/Millturn Machinist, CAM Programmer
Aston Martin F1 Team (UK): Junior Graphic Designer, Jig & Tooling Design Engineer, Financial Assistant, Senior Composite Design Engineer, Group Tax Accountant
Audi F1 (Switzerland): Commercial Strategy Analyst, Senior Suspension Design Engineer, Electronics Technician (Hometeam), Junior Legal Counsel, Student internship in the area of software development (Germany), HIL Development Engineer (Germany)
Ferrari (Italy): Vehicle Performance Benchmarking Specialist, Marketing Experience Manager, Technical Regulation Specialist, EE Method & Tools Engineer, Technician/Mechanic (NJ, US), Store Director (FL, US)
Mercedes-AMG PETRONAS Formula One Team: Junior Aero Programme Planner, Research and Development Facility Engineer, Research and Development Facility Technician, Finance Administrator (12 Month Fixed Term Contract), Head of Research and Development Design, Quality Inspector (Composites - Night Shift), Performance & Simulation Engineer, Simulation and Modelling Engineer, Lead Engineer- R&D Laboratory, Software Engineer, Technical Support Engineer, Data Platform Engineer
McLaren Racing (UK): Technical Support Engineer, Diversity, Equity & Inclusion Senior Manager
MoneyGram Haas F1 Team (UK): Sporting Director, Chief Race Engineer, Performance Engineer, Race Engineer
Red Bull Racing (UK): Project Manager, Customs Team Assistant, Junior Performance Design Engineer, Supplier / Quality Engineer, Customs and Shipping Team Manager, Property Manager, Quality Engineer, Internal Communications Content and Campaigns Manager, Soft Services Account Manager, and many more possitions (32)!
Visa Cash App RB F1 Team (Italy): Addetto preparazione e taglio materiale, Fresatore CNC
Williams Racing (UK): Garage Tyre Technician, Academy Team No. 1 Mechanic, Car Assembly Technician, Event Support Technician, Senior Operations Planner, Event Coordinator, Senior Buyer, Operations Planning and Scheduling Manager, Principal Design Engineer, Simulation Development Engineer, Associate Data Engineer, Trimmer/Fitter, Senior Aerodynamicist
Williams Racing Esports: Marketing Operations Manager
Formula E (UK): CRM Manager
NEOM McLaren Electric Racing (UK): Graduate, Vehicle Dynamics Engineer, Graduate, Tyre Performance Engineer, Graduate, Simulator Engineer
Hidden Motorsport Jobs:
Warner Bros. Discovery (US): Manager, B/R Racing Brand Strategy
BMW Group (Germany): Praktikant BMW M Motorsport (w/m/x)
Mercedes-AMG GmbH (Germany): AMG Praktikanten Projektunterstützung Motorsport Entwicklungswerkstatt ab September 2024 (m/w/d)
Nippon Recruitment (Netherlands): Sales Trainee
Spartner (France): Account Manager MOTORSPORT (H/F)
Dorna Sports (Spain): Web Editor
Castore (UK): Marketing Manager
Groupe Avanista (France): Architecte Concepteur Mécanique Sport Automobile H/F
Borusan Otomotiv (Türkiye): BOM Racing Junior Team Manager
Garrett - Advancing Motion (US): Motorsport Development Engineer
stichd (Netherlands): Global Logistics Coordinator (Formula 1 Operations)
EVEREC (UK): Simulation and Modelling Engineer
Tech Connect Group (UK): Motorsport Sales Engineer
Circuit of The Americas (TX, US): Graphic Designer
Ravens Custom Motorsports LLC. (MN, US): Automotive Service Writer
General Motors (NC, US): IndyCar Trackside Engineer
Energy Jobline (UK): Logistics Coordinator (Automotive)
EDAG Group (Italy): Senior Engine Design Engineer*
Useful recourses of the week:
Who are the real life sponsors of APX GP, the fictional Formula 1 team featuring in the new F1 film?
“Who said anything about safe?”: the message in a new F1 film?
Nicola Davies: “We need more women represented to bring more women in”
Adrian Newey's INSANE NEW DEAL with Aston Martin Just Got ANNOUNCED!
JUST FOR FUN
🔥: Favorite piece of content: Where each F1 team stands at the end of July
💪: Team of the week: R-ACE GP
😛: If you're in Portugal for the FIM Superbike World Championship this weekend, you should try this historical restaurant: Jardim das Oliveiras
🎵: Favorite playlist this week: Street Culto
🎙️: Podcast: Masters in Business
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