Categories: Auto News

Formula 1 is worried about the increase in gas prices to $ 300 per liter

The Race portal claims that the transition to environmentally friendly fuel from 2026 can hit the pocket of racing groups. The teams are concerned that new types of gasoline will cost ten times more than the currently used fuel. According to preliminary data, the final price will exceed the mark of $ 300 per liter, while now racing gasoline costs $ 22-33 per liter.

At a recent discussion of the Formula 1 commission in Geneva, the scale of the problem has become obvious. The costs of developing environmentally friendly fuel were so high that the price of gasoline can be influenced even on the multimillion -dollar budgets of commands. According to current estimates, a fuel liter can cost $ 170-225, but for the best productivity, the chemical composition is constantly improving, and the costs are growing.

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If a liter of gasoline really costs about $ 300, then every weekend will spend 80-100 thousand dollars on fuel. For 24 races, expenses will amount to 1.9-2.4 million dollars: much more than the teams spend now. Not all groups have partnerships with oil companies, so costs can be even higher. The fact that in 2026 gasoline is not included in the budget limit is a weak consolation.

FIA took into account the concern of the teams, but in 2026 the situation cannot be corrected. In 2027, the parties hope to curb the increase in fuel costs, for example, to switch to a combustible single standard with relatively cheap ingredients. If the amendments are accepted, then the teams will only be able to add limited additives.

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