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The Mercedes F1 Team is owned in equal parts by three parties: Mercedes-Benz Group, CEO Toto Wolff and INEOS. This current Mercedes team joined F1 in 2010 when Daimler, now known as the...
- Are F1 Tracks Permanent?
- How Do New F1 Tracks Get A Place on The Calendar?
- List of 25 F1 Track Owners
- Other F1 Track Owners
- How Much Does It Cost to Run An F1 Track?
- Final Thoughts
F1 tracks are permanent. Once they are built, they are there to stay. As such, it’s a commitment when it comes to building a Formula 1 track, as it often can’t be repurposed afterward either. F1 tracks may cost $200 million or more to build, and they cost millions more per year to maintain. Formula 1 circuits will need to host other motorsport seri...
For F1 tracks to get a place on the calendar, they first need to be built up to the FIA Grade 1 requirements. They’ll need to send an application to the FIA, which will spend time considering the application. If successful, final adjustments will be made, and they’ll be added to the calendar. New Formula 1 tracks are added to the calendar every cou...
1. Bahrain International Circuit – Mumtalakat Group
The Bahrain International circuit has been on the calendar since 2004. The Kingdom was the spark that ignited a series of Middle Eastern races as interest in the sport flared up quickly in the region. Bahrain has become a regular season opener and, more recently, has also become the scene of preseason testing. The Bahrain International Circuit is set to remain on the Formula 1 calendar until at least 2036 with their latest deal. The Bahrain International Circuit is owned by the Mumtalakat Gro...
2. Jeddah Corniche Circuit – Saudi Motorsport Company
The Jeddah street circuit is a relative newcomer to the Formula 1 calendar. It’s been controversial ever since it first arrived on the F1 calendar in 2021. The entire Formula 1 community had concerns about the track’s safety, and some drivers raised questions about the dangers that they faced on the track. The Jeddah Corniche Circuit is owned by the Saudi Motorsport Company, which was established to promote Formula 1 in the country. Martin Whitaker is the CEO of the company and aims to establ...
3. Albert Park Circuit – Australian Grand Prix Corporation
The Albert Park street circuit in Melbourne has long been the site of the season opener for Formula 1. The race takes place on the streets of Albert Park. The Albert Park street circuit has recently undergone an overhaul to change the layout of the circuit and better suit modern Formula 1 cars. The Melbourne Grand Prix is a challenge for organizers since it’s made up of the area’s public roads. This means that the entire circuit needs to be built up in preparation for the Grand Prix. Grandsta...
Kyalami – Toby Venter
The Kyalami race track in Johannesburg, South Africa, is reportedly set to join the Formula 1 calendar in either 2023 or 2024. Internal discussions are ongoing, with a decision on the exact date for the Grand Prix yet to be confirmed by Formula 1 and the Kyalami organizers. The racetrack has recently been bought by Toby Venter, the CEO of Porsche South Africa. With a major overhaul and several upgrades, the race track is nearly ready to host Formula 1 once again, and the organizers are pushin...
Intercity Istanbul Park – Intercity Istanbul
The Istanbul Park race track first appeared on the Formula 1 calendar in 2005 to host the Turkish Grand Prix. The track posed a serious challenge to drivers as they had to navigate the daunting Turn 8, which is unlike any other corner on the Formula 1 calendar with its multiple high-speed apexes. The circuit dropped off the calendar in 2012. The COVID-19 pandemic put the newly resurfaced circuit back on the mapas yet another replacement circuit for 2020 and 2021. The Istanbul Park racetrack i...
It costs millions of dollars to run an F1 track, often costing $200 million or more just to build and pay for a contract. The track needs to be up to FIA Grade 1 standards, and it needs regular maintenance to keep it in prime condition, and the cost of running the event can be millions too. Running a Formula 1 track requires a lot of maintenance. T...
Formula 1 circuits are owned by different people. Sometimes they are owned by the state, and other times they are privately owned. Either way, millions of dollars go into the ownership of Formula 1 circuits, with the majority of them spending tons of money on race fees and maintenance to be allowed to host Grands Prix.
Jan 24, 2022 · Below is an overview of the F1 circuit contracts, together with the fees they pay each year in dollars (if they are on the calendar). This list has been compiled on the basis of extensive discussions with various parties, including the organisers, Formula 1 and the teams themselves.
Find the full list of 2022 races including photos and videos, results, highlights and the biggest news stories.
This is the full list of F1 22, and the order they'll come at you in Career Mode or My Team: Bahrain International Circuit - Bahrain Grand Prix, 2oth March. Jeddah Corniche Circuit - Saudi...
Mar 7, 2022 · F1 reveals 23-race calendar for 2022 The most significant is at Mercedes where George Russell has joined from Williams to replace Valtteri Bottas, who has moved on to Alfa Romeo.
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Oct 15, 2021 · The FIA has confirmed the official calendar for the 2022 Formula 1 season following a meeting of the World Motor Sport Council on Friday.
