The top F1 teams each spend about 175 million dollars per year to put the best cars on the grid and pay fees of up to 5.5 million dollars just to enter the championship, the money involved in Formula 1 is just ludicrous.
The sport is a global cash-making machine that employs 50,000 people and dishes out an incredible one billion dollars of prize money to the teams.
This money is used to build the fastest race cars on the planet and fund driver salaries of over 40 million dollars.
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