Archive · 17 Dec 2025
Cost of an F1 Car
Formula 1 cars are very expensive.
A brand new one costs between $12 million and $15 million.
This includes parts like the steering wheel, which costs $50,000, and the engine, which costs around $10.6 million.
If you just want a car to look at, a show car costs about $125,000.
These show cars don't have engines and are just for display.
Historic F1 cars, like those driven by famous racers, can cost several million dollars.
The most expensive F1 car ever sold was driven by Juan Manuel Fangio and cost $31.8 million.
Owning an F1 car is a big investment, whether you want a new one, a show car, or a piece of history.
A current Formula 1 car costs between $12 million and $15 million.
The steering wheel alone costs around $50,000.
A set of front and rear wings can cost roughly $200,000.
Each engine costs around $10.6 million.
Show cars, which are static displays, cost from about $125,000.
- Who
- Formula 1 teams and private collectors
- What
- The cost of different versions of Formula 1 cars
- When
- Current and historical prices
- Where
- Global market, with specific examples from Red Bull and auction results
- Why
- To understand the financial aspects of owning an F1 car
- Current F1 Car Cost
- $12–15 million
- Steering Wheel Cost
- $50,000
- Front and Rear Wings Cost
- $200,000
- Engine Cost
- $10.6 million per unit
- F1 Show Car Cost
- $125,000
- Historic F1 Car Cost
- Several million dollars
- Most Expensive F1 Car Sold
- $31.8 million