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Then and Now – Team Size
As news emerges of potential ideas to reduce cost in the future, I thought it may be interesting to examine the history of the sport to determine what is driving the escalation of team budgets. The big three teams today (Ferrari, Mercedes and Red Bull) all have enormous budgets (£305 million for Ferrari excluding engines estimated, total of £350 million) which are much larger than the smaller teams like Force India, Williams and Sauber ($97 million for Force India). While a large part of the budget is the manufacturing costs and transport costs of the team, a significant part of the total is the staff costs. Current teams employ between 225 (Haas) and 960 (estimated for Ferrari...
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