Category Budgets

2015 model-based driver rankings

Last year, I presented model-based rankings for all the 2014 season drivers. These rankings are derived from a mathematical model, described here, that statistically estimates the strength of driver and team performances in each year, as well as overall career performances for drivers. It achieves this by finding the best fit to all race result […]

The most dominant teams in F1 history

Recent years in Formula 1 have been challenging for viewers, with Red Bull dominance in 2011 and 2013, followed by Mercedes dominance in 2014 and 2015. Periods of team dominance are not new to Formula 1, since¬†differences in car performance have always trumped differences in driver performance. Nevertheless, the level of dominance achieved by Mercedes […]

How money predicts success in Formula 1

The cost of even competing in Formula 1 is astronomical. The teams collectively spend over $2 billion annually — either immensely impressive or depressing, depending on your perspective. About half of those funds come from FOM prize money. The rest is made up by investments from manufacturers, sponsors, and pay-drivers. Spending priorities are very different […]