How is motorsport paid for?

This post is to answer a question that I get asked a lot, how is motorsport paid for? It maybe a bit of a dry read for some but I hope to throw a bit of light on the merky world of motorsport finances.

You may think that the team attracts sponsors, gets a share of the ticket sales and then pays the drivers. This is not the case (normally).

The simplest way to get paid as a team is to become a factory run or factory backed team. This is where a manufacturer sets up a team, or employs one, to race their cars. Famous examples of a factory team are Ferrari, Audi or Peugeot. A factory backed team would be a team like Oreca. However, even in the high flying world of Formula One this is not the norm.

Ecurie Ecosse car showing off it's sponsors for the Spa 24 hours

Ecurie Ecosse car showing off it's sponsors for the Spa 24 hours

Continue reading

Latest pictures of the new Aston Martin Vantage V12 GT3

Some of you may have read my blog post on the first pictures of the new Aston Martin Vantage V12 GT3 in testing. One of my contacts in motorsport has sent me these photos as a follow up on that post.

Aston Martin Vantage V12 GT3 new photo

The all new Aston Martin Vantage V12 GT3 in it's Beechdean colours

The Pictures are of the new Aston Vantage V12 GT3. This is the test and development chassis ‘X3’ which Prodrive have sold to Andrew Howard to be ‘factory run’ in the British Continue reading

Mclaren aims for success with its mp4-12c GT3

This coming year will see the first full season for one of the most anticipated cars of recent years, the Mclaren mp4-12c GT3.

The last time Mclaren built a GT car it produced the astonishing Mclaren F1 which beat all other cars (including the prototypes) at Le Mans first time out. This time around Mclaren are looking at the highly competitve field of GT3.

The new Mclaren mp4-12c GT3

Mclaren mp4-12c GT3 at the 2011 Total Spa 24 hours

Continue reading

The Return of Ecurie Ecosse

Everyone loves to see famous names in motorsport, from Ferrari, Mclaren, to Lotus and the Mercedes Silver Arrows. Now it appears that Scotland’s famous team is dusting off the overalls and opening shop for the first time in almost 20 years.

Ecurie Ecosse have a fabulous history; double Le Mans winners in 1956 and 1957, C2 class winners of the World Sportscars Championship and Champions of the 1992 British Touring Cars Championship with Tim Harvey in their works Vauxhalls. Continue reading