One of the most expensive sports in the world is Formula 1 racing. It costs millions of dollars to maintain and run the vehicles, teams, and tracks. Many have been left to ponder whether it’s even feasible for a poor person to drive in the Formula One. It’s extremely challenging, but not impossibly so, is the succinct response.
You need a lot of money, talent, and luck to become an F1 driver. F1 racing is extremely expensive; according to some estimates, a single season will set you back more than $100 million. This covers the price of the vehicle, the crew, the trip, and the wages of all those involved. The bulk of F1 drivers are from privileged backgrounds with the financial means to support their racing careers.
There are, however, some F1 drivers who started out in obscurity. For instance, Lewis Hamilton, one of the most successful F1 drivers of all time, was raised in an English council estate. Through a mix of talent, perseverance, and the backing of his family and sponsors, he was able to make it to the Formula One.
There are a few things you can do as a parent to help your child get into F1. Start them off in karting first. The most typical entry into racing for young drivers is through this. Starting as young as five years old, they can advance through the ranks. You’ll need to spend money on a high-quality kart, as well as on race entry fees and travel costs.
You’ll need at least half an acre of ground to construct a go-kart circuit. The size of the track and the materials you use will affect the price. A professional-grade track can cost more than $100,000, whereas a basic track can cost between $10,000 and $50,000.
You’ll need a lot more room if you want to construct a drift course. A drift track typically needs at least 20 acres of land and is about a mile long. The price will change based on the track’s complexity, location, and materials used. A less sophisticated course might cost over $1 million, while a basic track might cost under $250,000.
A go-kart track typically has a length of 1/4 to 1/2 mile. The distance is long enough to make the course difficult for competitors but short enough to keep the speeds down. The amount of space that can be used and the intended level of difficulty will determine how long the track is.
In conclusion, it is difficult to become an F1 driver when you are not wealthy. It’s not impossible, though. It calls for a great deal of effort, commitment, and help from family and sponsors. Karting is the greatest place to start for parents who wish to introduce their kids to racing. A go-kart track can cost between $10,000 and $100,000 to build and needs at least half an acre of land. A drift track can cost up to $1 million and needs at least 20 acres of land.
A 250cc go-kart’s top speed might vary based on things like weight, track conditions, and the particular type of the go-kart. But it has nothing to do with whether or not someone from a low income can drive in the Formula One.