Formula 1 Suppliers

This is a provisional list of suppliers. Teams frequently change suppliers, making it nearly impossible to keep this list fully current. It can be used as a general reference. There are many more suppliers, but data sources for this kind of information are difficult to find.

Fuel and Oil Sponsors

If you look at fuel/oil sponsors/suppliers in F1, you can see Ferrari with Shell, Red Bull with Total, Mercedes with Petronas, McLaren with Mobil, Lotus with Total, Williams with PDVSA and Scuderia Toro Rosso with Cepsa. Not all of these teams use the products of their sponsors but most of them do. Oil companies pay a lot to be in F1. In total these sponsorships are probably worth in the region of over $200 million a year. In addition to that some of the engine companies prefer to work with a single oil/fuel supplier and will not let teams use other fuels. Oil/fuel suppliers are not included in my list above because some of them are “temporary” sponsors, depend of the drivers they supporting in Formula 1.

Team Spending

In March 2007, F1 Racing published its annual estimates of spending by Formula One teams. The total spending of all eleven teams in 2006 was estimated at $2.9 billion.

This was broken down as follows;

Toyota $418.5 million,

Ferrari $406.5 m,

McLaren $402 m,

Honda $380.5 m,

BMW Sauber $355 m,

Renault $324 m,

Red Bull $252 m,

Williams $195.5 m,

Midland F1/Spyker-MF1 $120 m,

Toro Rosso $75 m,

Super Aguri $57 million.

Costs vary greatly from team to team; in 2006 teams such as Honda, Toyota, McLaren-Mercedes and Ferrari are estimated to have spent approximately $200 million on engines, Renault spent approximately $125 million and Cosworth’s 2006 V8 was developed for $15 million.

In contrast to the 2006 season on which these figures are based, the 2007 sporting regulations ban all performance related engine development.

During 2010, in terms of cost to run against points, the best performing team was McLaren, which spent an estimated $460,000 per point it scored in 2010. The worst were the three new teams (Hispanija Racing Team, Virgin Racing and Lotus Racing), who together spent around $200 million without gaining a single point.

The best paid driver in 2010 was Fernando Alonso, who received $40 million in salary from Ferrari - a record for any driver. He hasn’t always been top of the pile though and is also the worst-paid champion in the last decade. When he won his first title in 2005, as a relatively unknown driver, he received ‘only’ $6 million from Renault.

The top engineers are paid more than most of the drivers. Adrian Newey, for example, who won his seventh constructors’ title with Red Bull this year (he won before with Wiliams and McLaren), is believed to get around $10 million annually from Red Bull Racing, making him the team’s highest paid employee ahead of both of its drivers.

in 2012 was estimated that top teams have spent approximately $375m a year while those at the back of the grid estimate their spending to be around $75m. It’s estimated that the top Formula 1 teams spend $1m a day - while those at the back of the grid spend $2m a week.

A budget cap to limit team spending to $250m a year has been proposed for 2014 - but that won’t help the smaller teams further down the grid to cut costs.

Formula 1 Engine Supplier - History

Formula 1 Tire Suppliers - History