Sample Formula Ford costs

There is no such thing as a fixed budget in motorsport. The flexibility that Formula Ford offers in its chassis design, its engine build and testing demands means that there can be a relatively wide spread in budgets. The following costs are purely indicative, but might help you with your planning. All costs plus VAT.

Complete chassis

£22,000

Engine

£4000 (per engine inc 2 rebuilds)

Race entry fees for 2008

£4450

Registration fee for 2008

£400

Testing

£5500 (at £300 per day) plus team

Expenses

£3000

Parts

£5000 (misc)

Fuel

£5000

Slick tyres (full set)

£400

Wet tyres (full set)

£438

10 sets for race meetings

£4000

5 sets for testing

£2000

2 additional tyres for start of season

£200

Total tyre budget

£6638

Team costs need to cover:

1 x mechanic, 1 x engineer, 1 x truckie, 1 x team manager.
Accommodation & travel costs. Premises, truck, race car and
equipment overhead. Fair profit margin

A championship budget is usually anywhere between £35,000 and £115,000. This does depend on the team that you select and factors such as the number of personnel in the team, their facilities and success, plus your testing programme, insurance and the age and specification of car and engine.

It pays to speak to a number of teams to establish the best package for you. The teams currently involved in British Formula Ford are listed here. Of course there are other highly regarded single-seater teams, but none will know the UK Formula Ford series as well as these.

 


 

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