Who pays for the damage if two cars collide?

F1F1 is the pinnacle of open wheel,  single seater car racing and arguably the highest level of any motorsport globally.... There's more... teams are responsible for their own cars, even if the crash was caused by another driverOK, so we all know what the driver is, right. I've always liked the description that F1 drivers are like... There's more....

Replacement parts are expensive, they can be bespoke to the circuitA circuit is a racetrack for car racing. There's more... and they take time to produce. In addition to this, the new regulations have a strict budget capThe budget cap, or cost cap, is the amount of money a team can spend on the car's performance in... There's more... so, even the richer teams can’t replace parts with an unlimited supply.

F1 parts are not cheap. A single front wingThe front wing is one of the more important parts of an F1 car. It is the first part of... There's more... costs approximately $150,000.00 the car sitting on the start line is in the order of $13,000,000.00.