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The Economics of Everyday Things

Freakonomics Network & Zachary Crockett

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110. Formula 1 Teams

In a sport that generates more than $3.5 billion a year, teams compete in cars that cost $70 million to develop and build — and a split-second to crash. Zachary Crockett assesses the damage.   SOURCES:Steve Cripps, chief financial officer at Williams Racing.  RESOURCES:"Everything you need to know about F1 – Drivers, teams, cars, circuits and more," (Formula 1, 2025)."How Williams, F1’s ultimate underdog, found success — and might again," by Madeline Coleman (New York Times, 2025)."How fast do F1 cars go?" by Amanda Clark (Red Bull, 2024)."Aerodynamics in Formula 1 | F1 Explained," (Formula 1 Youtube, 2024), "Williams Racing," (Formula One History).  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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