How much is an F1 tire worth?
Formula One (F1) tires are a crucial component of race performance, with each set costing about $2 700 USD (£2 133). For a Grand Prix weekend, where each F1 team requires 13 sets per driver, the total price of tyres per race per driver amounts to $35 100 (£28 205). Do F1 teams pay for the tyres? No, Formula 1 teams do not pay the full cost of their tyres. Instead, they pay a standard flat fee as part of a season-long supply agreement with Pirelli, the sport’s exclusive tyre supplier. This fee covers logistics, support services, and tyre provision for every race weekend.