(Photo : GIUSEPPE CACACE/AFP by way of Getty Images) Red Bull Racing’s Dutch driver Max Verstappen drives forward of William’s US driver Logan Sargeant in the course of the third observe session of the Bahrain Formula One Grand Prix on the Bahrain International Circuit in Sakhir on March 4, 2023.
The 2023 Formula 1 season has concluded, with Red Bull Racing driver Max Verstappen retaining his title in a marketing campaign marked by distinctive dominance, with few off nights or errors.
Unsurprisingly, the three-time world champion incurred the bottom value in damages, amounting to lower than half one million. The Dutchman demonstrated distinctive consistency, finishing all 22 races in 2023 and securing victory in 19 of them.
The implementation of the fee cap in Formula 1 in the course of the 2021 season has essentially altered monetary methods for groups, notably in addressing restore prices.
Teams at the moment are required to function inside a predetermined funds, implying that each greenback allotted to repairs reduces funds obtainable for automobile developmental functions.
Such prices can deplete assets meant for pivotal mid-season upgrades and even the continued improvement of the automobile for the next season, however it might present a degree taking part in subject for the groups.
The value cap for every staff within the 2023 season was set at $135 million, marking a lower from $140 million in 2022 and $145 million in 2021.
The initially proposed $175 million value cap for the 2021 season was revised to $145 million in response to the financial challenges because of the COVID-19 pandemic.
Before introducing the fee cap, the wealthiest groups spent over $400 million per season.
Read extra: Las Vegas Grand Prix: 3 Takeaways From the Thrilling First F1 Race in Sin City
2023 Formula 1 Crash Damage Costs
The following outlines the restore prices incurred by every driver all through the just lately concluded season.
- Logan Sargeant (Williams Racing): $4,330,000
- Carlos Sainz Jr. (Scuderia Ferrari): $3,640,000
- Sergio Perez (Red Bull Racing): $3,220,000
- Esteban Ocon (Alpine): $2,990,000
- Lance Stroll (Aston Martin): $2,830,000
- Alexander Albon (Williams Racing): $2,780,000
- Kevin Magnussen (Uralkali Haas F1 Team): $2,570,000
- Pierre Gasly (Alpine): $2,420,000
- Oscar Piastri (McLaren): $2,270,000
- Charles Leclerc (Scuderia Ferrari): $1,910,000
- Nico Hulkenburg (Uralkali Haas F1 Team): $1,550,000
- Nyck de Vries and Daniel Ricciardo (Scuderia AlphaTauri): $1,520,000
- Lando Norris (McLaren): $1,450,000
- Yuki Tsunoda (Scuderia AlphaTauri): $1,250,000
- Guanyu Zhou (Alfa Romeo Racing): $1,200,000
- Lewis Hamilton (Mercedes-AMG Petronas): $880,000
- Fernando Alonso (Aston Martin): $830,000
- Valtteri Bottas (Alfa Romeo Racing): $700,000
- George Russell (Mercedes-AMG Petronas): $670,000
- Max Verstappen (Red Bull Racing): $345,000
The monetary toll of Formula 1 crashes in 2023 has been substantial, with drivers and their groups dealing with important restore prices. The complete grid incurred a complete restore invoice of $41.3 million.
Williams incurred the best bills for harm repairs, totaling $7,119,000, whereas Mercedes-AMG had the bottom restore prices at $1,550,000.
F1 drivers with the costliest repairs
American driver Logan Sargeant gathered the best prices, primarily attributed to his rookie standing and frequent collisions with the limitations throughout quite a few race weekends, reflecting his relative lack of expertise.
Sainz’s most notable crash occurred throughout a free observe session within the Las Vegas Grand Prix, the place the motive force collided with a raised drain cowl. Despite the incident not being the Spaniard’s fault, he confronted penalties because of the important repairs his automobile needed to bear throughout that weekend in Sin City.
On the opposite hand, Perez might have completed second within the Driver’s standings, but it surely got here at a worth. His most notable crash came about at his dwelling race, the Mexican Grand Prix, the place his RB19 sustained harm and veered off the observe on the first nook of the race.
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