how do F1 TEAMS make MONEY?
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- čas přidán 1. 06. 2024
- Ever wondered how F1 teams make billions of dollars every year? or asked yourself the question of "is F1 profitable?" In this video I will explain to you exactly how F1 teams make money, how much money F1 teams make and tell which is the richest F1 team. Considering how much F1 drivers get paid and how much an F1 car costs it's easy to think that all of these teams are worth billions but that might not be the case. Make sure to watch the entire video to find out how much F1 teams make!
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Could not tell what time , Any hints?
I'm surprised that this watch is only US $3,200 on pre-order... in these days of mega-expensive watches, I expected something this exclusive to be ten times that (at least)!
Nice advertising Kym, slick!
If a sponsor signed a multi year deal with mclaren before last season, you're investment is probably 📈
And they did, Google signed up when they weren't doing so well, so they got a great deal - but sponsorships are normally short (5 years for oracle is unusual) so that means McLaren can negotiate a better deal this time
If I was a sponsor don't think Id want to be on Max's car haha, usually too far in front to be on TV
Checo has that sorted unfortunately
@@Max_Flashheart So thats why he keep being mid, aha! He's redbulls marketing guy! Clever!
If you have a chance to see your business in every 🇳🇱 anthem, why dont you take it? 😂😂
How have you displayed your F1 Lego cars Kym ?
when the race ends and the sponsors are on the top step of podium it all becomes worth it
When the Singapore Grand Prix is in town every year, there are these Pop up stores along Orchard Road, selling F1 Team Merchandise. A single round neck T-Shirt could cost around SGD $120. The teams sure are making a lot of money from Merch Sales.
You damn right about that !!
plus their merch quality is crap. The round neck tees are rough quality cotton with team logo on it. The polyester shirts feel thin, their polo tees the logo will crack and peel off after some wear.
I mean i wanted to buy the team merch however their quality + the prices just drive me away.
A good example of a company not only wanting exposition: Since last year’s São Paulo Gran Prix a bank called BRB (Regional bank of Brasília, that is the capital of Brazil) signed a deal with Alpine, not only to have their logo in the car, but also to work together with Alpine/Renault to re-develop the motorsports in Brasília (That was really good in the past, but nowadays is abandoned).
I read today that the Miami GP was the most watched Motorsports event in history in the United States.
Always find these money orientated, behind the scenes videos fascinating. Thanks Kym
Women and money do well on my social media.
@@KymIllman😂😂😂 I don't get the joke but I chuckled kym!
Loved your face in the dollar bill! 😂 Stay passionate ❤
You're really not into disclosing sponsored products...
I know. He should declare up front on the screen any sponsored content and their editorial control of the video.
He'll get his videos blocked in the UK if he doesn't, pretty risky
Thank you, Kym, very informative.
God damn Kym that REC Watches ad was so slick I didn't even know what was going on until you said to click the link below. 😁
Fascinating, I always wondered what is in it for the team and the sponsor!
Fantastic explanation👍👏
Glad you liked it
Thank you for the breakdown Kym. Never fail to learn something about F1 in your videos sir!🏁
Another awesome video showing us (your and F1 fans) the ins- and outs of F1, thank you! By the way, has F1 ever reprimanded you for for example exposing/showing too much? p.s. once again, compliments to the editing.
Kym, thanks a lot for providing nice V of 'F1 ＆ MONEY'.
I personally think 1 of the points that defines F1 unique among many sports is the money some drivers bring 🤔
F1 drivers have to have fast, technical skills ＆ sometimes big sponsorship to keep the driver sheet.
'Following the stream of money' is always the KEY in every field.
What are the “other ways” the teams make money that you won’t get into today? Love the vids mate. 👏👏👍👍
Slipped the watch add in beautifully ✔️
1:42 Casual flex, Kym looking dashing btw
Was just watching afl goal of the year videos, 2005 came up. Chris Judd west coast eagles. Seen your sign in the background 👍🏻 did you photograph afl?
Those were the days
So Kym, I've heard you play piano on another video and I just noticed a drum set and a pair of congas behind you. So what all do you play?
I’m reasonable at piano. Can Hack away on the drums and play a simple tune on the marimba but not much chop with the guitars.
@@KymIllman Good for you! You sounded pretty good to me on one of your videos from a while back. I could suggest that you "Stay Passionate" about your music, but, then again, you already know that! ;-). Thanks for your content!
1:20 i think you will see haas car more in tv :D
HAAS getting more screen time with Kmag fighting in races...
Good video, thanks. It raises the question, how much do you get paid to do, for example, a watch promo in your videos? Not a smart ass question, it's entirely reasonable for you to do endorsements and get paid for them. I just ask because the video is on payments for sponsorship, so . . . ')
Hi Kym. Another very interesting video.
I’d be interested to hear your side of making money as an F1 photographer.
As in do you earn enough money to cover travel expenses, hotels etc?
Are you freelance or contracted to anyone?
Can you do one on estimates of Cost when they crash, How many staff they have, transport cost =... oops did i give you homework. Come to Brisbane and i will help.
Very informative. My question is do these teams make profit or not?
Haas watches this video, then buys space on the side of the red bull
6:53 You can a very good deal for these merchandises in China, teamwear jersey for less than $15 usd, the LEGO Mercedes Benz W14 just $30 usd , even Kick Sauber version
Because of a "Good' reason
F1 needs to let Cadillac in now ! Andretti will make a great team
Kym did you order the 98T/4 watch for yourself?
LANDOOOOOOOOOO
You mentioned alphatauri? Shouldn’t that be RB VCARB ?
Slip of the tongue
💛
$500M is lunch money to Oracle.
Just about every Dutch person has at least one orange shirts laying around for when the national football team plays of the annuel 'kingsday' celebrations, it's not necessarily not F1 exclusive Merch.
5:00 All the gaps are 9 million, except between Alpine and Williams, where it's 8 million. Why is that?
So what are the percentages? How much is sponsorship, how much is ticket sales and how much is merch?
1:44 Who else wants a video of Kym's meeting with the legendary Shane Warne????
I sponsored him for 5 years. Great man.
Poor Hass have only one sponsor. Moneygram
Also driver money! Oscar Piastri’s dad pays McLaren some $3M per year via the 10-15 hospitality packages he “buys” from them each year.
Therefore, keeping the F1 team pool at TEN equals more $$$$'s in each team's pot via advertisers, prize pool, bonuses and whatever $$$$'s are floating around the paddock or boardrooms.
Gene Haas should sell his team to the Andretti Family.
They are only worth what someone is willing to pay.
Almost every Dutch person has half a dozen orange shirts ready to go. So not the most accurate example Kym.
How Mercedes’s value is way more than mclaren and redbull and catching up Ferrari fast?
I want to know how much profit they actually earn.
If you buy them, you will know
Love your videos and your content; but you should call out your segue to your ads/sponsorship - Its tacky, cheap and not genuine when attempting to blend it in seamless. Be honest and transparent when selling. That is how you earn trust with your audience. Your approach in this video Kym borders on depiction, and your anything but. I know you may be experimenting with what works; but be careful - approaches like this can erode the trust you have built with your fans. Love your videos and I look forward to your posts all the time. Want to see you get 1 Million plus subscribers.
Gambling in Las Vegas
Always wanted to say first.
Flfc 😊
Well, this last weekend we saw Kmag's Haas more than Max's Red Bull. The sponsors must be very pleased.
first :P
Obviously sponsors n points earned its money to the teams end of season
Thanks
How Mercedes’s value is way more than mclaren and redbull and catching up Ferrari fast?