Team Sponsors

Team sponsorship

Formula 1 is a multi-million-dollar sport with multiple revenue streams, including team sponsors.

F1 teams need to pay extraordinary amounts of money to enter a season, never mind building a competitive car, paying hundreds of staff members, and employing drivers. This is where the cost of F1 sponsorship comes in.

It can cost anywhere from hundreds of thousands to hundreds of millions to sponsor an F1 team. Sponsorship varies massively across the grid. F1 sponsorship costs vary depending on a number of factors, including which team is involved and even where on the car the sponsor’s logo appears.

Text adapted from Read the full article and their extensive F1 knowledgebase – here

Andrew Burden

The author Kiwi F1 Fan