What is the McLaren Young driver Program?
The McLaren Driver Development Programme, formerly known as the McLaren Young Driver Programme, is a driver development programme operated by McLaren. It is intended to offer year-by-year guidance, assistance and endorsement to help promising young racers climb the motorsport ladder. The McLaren Driver Development Programme now currently includes Pato O’Ward, Dries van Langendonck, Ella Lloyd, Matteo De Palo, Ella Stevens, Ella Häkkinen, Leonardo Fornaroli, Richard Verschoor and Christian Costoya.
How much does McLaren F1 cost?
McLaren’s next Formula 1 car has not yet been raced, seen, or even fully built, but one buyer has paid close to $11. Musk later sold the McLaren F1 in 2007, stating that as the CEO of an electric car company, it was an image problem to own a gasoline supercar. Musk’s ownership and appreciation of the F1 made it a mental benchmark for his performance ambitions at Tesla.In 1999, Elon Musk bought a McLaren F1 after selling his first company, Zip2. I think he was worth about $22 million at the time. The car was the fastest in the world. And it costed $1 million.The Bottom Line. Tesla is a leading auto manufacturer and one of the most valuable companies in the world. As of August 2025, the largest shareholder is CEO Elon Musk, who holds 15. Tesla equity. Besides Musk, the largest shareholders are asset managers, like Vanguard and BlackRock.
How much does it cost to become an F1 driver?
The Real Cost of Becoming an F1 Driver 🏎️💸 It takes nearly 10–15 million dollars for a young racer to climb from karting to Formula 1, the money goes into competitive cars, top teams, and the long ladder before F1 starts paying back. The current price range for one of these racing cars may lie between $12 to $15 million, according to Red Bull. During the 2022 season, F1 teams were allotted $145.For the 2023 season, Formula One subsidised the cost of each car with drivers having to contribute €150,000. This was reduced to €100,000 for the 2024 season. Also for 2024 onwards, all the Formula One teams will support one driver each who carries the team’s livery on their car.
How much does a 3 day F1 ticket cost?
With the sport’s growing global popularity and increased demand, understanding the cost structure helps fans make informed decisions about which races to attend and what type of experience they can afford. The average three-day F1 ticket price across the 2025 calendar stands at $482 USD. Two-day course curriculum led by professional racing instructors in Ferrari’s fleet of cars; Luxury accommodations; Champagne reception, group dinners and lunches at track; Commemorative event memorabilia; Shuttle transfers between hotel and track. COURSE FEES for Sport: $21,000 (excluding tax).