Formula 1 is perceived to be a car race in circles.....Let me tell you it's not. In fact, no race is all about a racing, it’s about strategy, fuel-to-body mass ratio, tyre selection etc.  Talking about F1, it is the richest sport generating up to $4Billion per year. The majority of the revenues come from T.V rights and nearly 600 million around the globe watch these automobile wonders journey around the world on different race tracks. The other source of revenues is sponsorships and contributions from partners and owners. F1 racing also involves huge investments by participating teams which can spend up to $300-$400 million a year on R & D costs, drivers’ practices and car modification. The interesting thing to share is that these races are misperceived by some as cars moving on an empty road. That’s not true, the F1 cars are build to perfection which produces an immense down force and speeds capable of reaching 320 km/h. There is traction control, a state of the art braking system, the aerodynamics of the car, in short to me an F1 car is no less than a jet plane. Team strategy is important for every race. Teams geared with some very technical aspects of mechanics, physics, electronics and auto craft team up to produce ground breaking technology and winnings (of course). Some of the teams are,

• Ferrari
• Mclaren-Mercedes
• BMW Sauber
• Renault
• STR Ferrari
• Toyota
• Honda
• Red Bull- Renault
• Williams- Toyota

 These teams have join forces with other companies like Vodafone, Panasonic, ING, Mubadala, Acer, AT & T, Bridgestone, Lenovo, Intel, RBS etc to form a combination of minds with money and technology. The point I’m trying to make is that F1 combines the essence of racing, enterprising, marketing, engineering and revenue generating.