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It comes amid repeated warnings since the start of the season that F1's finances were out of control , especially after FIA president Jean Todt revealed that he had abandoned efforts to implement a cost cap because of resistance from the big teams.
That move left smaller outfits hugely upset - at a time of falling sponsorship income, the costs of competing were being ramped up by the spending war at the front of the grid, plus the arrival of the new turbo V6 hybrid engines.
Hybrid power system $28 million Gearbox and hydraulics $5 million Fuel and lubricants $1.5 million Tyres $1.8 million Electronics $1.95 million IT $3 million Salaries $20 million Travel and trackside facilities $12 million Chassis production/manufacturing $20 million Windtunnel/CFD facilities $18.5 million Utilities and factory maintenance $2 million HR and professional services $1.5 million Freight $5 million TOTAL $120.25 million
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