Fireside chat w/ Cold Brew Money – Economics of F1

This Episode is a little different. Meet our friends at Cold Brew Money Podcast in our mini series called F1reside Chat. In this series, we bring in guests to the episode and have a casual chat on variety of topics related to F1, motorsports in general and other happenings in the world.

In this episode of F1reside Chat, we discuss about the economics of F1 and try and understand how money makes this sport go.

Join our F1 fantasy league by using the code c3f7a33139 and visiting the site fantasy.formula1.com.


Listen in to Episode 15 at your favorite podcasting platform


Economics of F1 Episode Summary

  1. Ca$h is King!
  2. Constructors and drivers
  3. Budget Caps
  4. Driver salaries
  5. Pay Drivers
  6. Cost of building a F1 car
  7. Logistics of F1
  8. Sponsorships
  9. Prize Money distribution to teams
  10. Costs of hosting a race
  11. Broadcasting rights and costs

Looking for more F1 banter while waiting for the next race? Check out our previous Episode 5: Fireside Chat where we discuss about the controversies and News from around the motorsporting world.

Also check out our TikTok Channel for snippets from the podcast and some other exclusive videos when you don’t have time to listen to the whole thing.

Also check the rest of our back catalogue and please feel leave a comment below about what are your thoughts about the race!

2021 British GP

The 2021 British GP gave us a lot to discuss about! Max had a horrible 51G crash! Hamilton who caused the crash went ahead to win the race even with a 10 Second time penalty! If the Championship battle was heating up earlier, we think it just went Nuclear after this weekend. The Gloves are off between Max and Lewis.

Even though the crash between Hamilton and Max overshadowed everything, there was great performance put up by Charles by leading the race for 50 laps in a very under powered Ferrari, while managing an engine issue.

Join our F1 fantasy league by using the code c3f7a33139 and visiting the site fantasy.formula1.com.


Listen in to Episode 14 at your favorite podcasting platform


2021 British GP Episode Summary

  1. Sprint Qualifying
  2. The elephant in the room
  3. Is that the smell of desperation at the Merc garage?
  4. 51G!
  5. Over celebration much?
  6. Leclerc gets no love!
  7. B.B.C. – Big black C, err I mean, British Bias Crofty
  8. Sbinalla Returns!
  9. FIA needs to change the Red Flag Procedures!!
  10. Need to rethink time penalties?

2021 British GP Driver Ratings

Rating scale:
0 – Poor
5 – Average
10 – Outstanding

PosDriverTeamSarang’s RatingAkash’s Rating
Lewis Hamilton Mercedes 4/10 5/10 
Charles Leclerc Ferrari 9/10 10/10 
Valtteri Bottas Mercedes 7/10 6/10 
Lando Norris Mclaren Mercedes 8/10 8/10 
Daniel Ricciardo Mclaren Mercedes 8/10 9/10 
Carlos Sainz Ferrari 7/10 8/10 
Fernando Alonso Alpine Renault 7/10 7/10 
Lance Stroll Aston Martin Mercedes 7/10 7/10 
Esteban Ocon Alpine Renault 6/10 7/10 
10 Yuki Tsunoda Alphatauri Honda 6/10 6/10 
11 Pierre Gasly Alphatauri Honda 5/10 5/10 
12 George Russell Williams Mercedes 6/10 7/10 
13 Antonio Giovinazzi Alfa Romeo Racing Ferrari 6/10 5/10 
14 Nicholas Latifi Williams Mercedes 5/10 4/10 
15 Kimi Räikkönen Alfa Romeo Racing Ferrari 5/10 5/10 
16 Sergio Perez Red Bull Racing Honda 5/10 3/10 
17 Nikita Mazepin Haas Ferrari 4/10 4/10 
18 Mick Schumacher Haas Ferrari 4/10 4/10 
NC Sebastian Vettel Aston Martin Mercedes DNF DNF 
NC Max Verstappen Red Bull Racing Honda DNF DNF 

Looking for more F1 banter while waiting for the next race? Check out our previous Episode 5: Fireside Chat where we discuss about the controversies and News from around the motorsporting world.

Also check out our TikTok Channel for snippets from the podcast and some other exclusive videos when you don’t have time to listen to the whole thing.

Also check the rest of our back catalogue and please feel leave a comment below about what are your thoughts about the race!

2021 Austrian GP

The 2021 Austrian GP has brought out total annihilation by Redbull showing that there is probably an incoming Redbull domination era! The double header at the Red Bull Ring produced a somewhat boring first and a nailbiting second race! Seems like Redbull and Max are starting to steal the lunch money from Mercedes and Lewis. Seems like Mercedes just do not have answers for their failure to match Red Bull’s pace!

Join our F1 fantasy league by using the code c3f7a33139 and visiting the site fantasy.formula1.com.


Listen in to Episode 12 at your favorite podcasting platform


2021 Austrian GP Episode Summary

  1. FIA plays Oprah Winfrey
  2. Qualifying penalty debacle at turn 9 and turn 10
  3. Huge penalties to everyone but Max and Gio gets the fastest lap?
  4. Perez being the penalty man with Land and Charles
  5. What’s happening with Hamilton? Has he given up?
  6. A new formula to get the driver of the day.
  7. Kimi Raikkonen
  8. Gasly and Aston Martin and Ocon
  9. Rockstar Russell
  10. Bottas still feels a good fit for Merc driver 2
  11. Honda dominance in F1 for a decade
  12. Outro + midpack comments.

2021 Austrian GP Driver Ratings

Rating scale:
0 – Poor
5 – Average
10 – Outstanding

PosDriverCarSarang’s RatingAkash’s Rating
1Max VerstappenRed Bull Racing Honda10/1010/10
2Valtteri BottasMercedes9/1010/10
3Lando NorrisMclaren Mercedes9/1010/10
4Lewis HamiltonMercedes8/107/10
5Carlos SainzFerrari8/108/10
6Sergio PerezRed Bull Racing Honda7.5/108/10
7Daniel RicciardoMclaren Mercedes7/107/10
8Charles LeclercFerrari6.5/106/10
9Pierre GaslyAlphatauri Honda6/108/10
10Fernando AlonsoAlpine Renault7/107/10
11George RussellWilliams Mercedes9/1010/10
12Yuki TsunodaAlphatauri Honda6/105/10
13Lance StrollAston Martin Mercedes6/107/10
14Antonio GiovinazziAlfa Romeo Racing Ferrari5/104/10
15Kimi RäikkönenAlfa Romeo Racing Ferrari3/106/10
16Nicholas LatifiWilliams Mercedes3/103/10
17Sebastian VettelAston Martin MercedesDNFDNF
18Mick SchumacherHaas Ferrari5/105/10
19Nikita MazepinHaas Ferrari3/101/10
NCEsteban OconAlpine RenaultDNFDNF

Looking for more F1 banter while waiting for the next race? Check out our previous Episode 5: Fireside Chat where we discuss about the controversies and News from around the motorsporting world.

Also check out our YouTube Channel for snippets from the podcast when you don’t have time to listen to the whole thing.

Also check the rest of our back catalogue and please feel leave a comment below about what are your thoughts about the race!

2021 Austrian GP Race Preview

25 Jun – 27 Jun 2021

Schedule

Session NameDate/Time (Track local time)
Free Practice 125 Jun 11:30 – 12:30
Free Practice 225 Jun 15:00 – 16:00
Free Practice 326 Jun 12:00 – 13:00
Qualification26 Jun 15:00 – 16:00
Race27 Jun 15:00 – 17:00

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Until 2021 Austrian GP

Austrian GP Track Map

Austrian GP Track Facts

Number of Laps: 71
Track Length: 4.318km
Race Distance: 306.452 km
Best Laptime: 1:05.619  by Carlos Sainz(2020)
2020 Race 1 Pole Position: Valtteri Bottas
2020 Race 1 winner: Valtteri Bottas

2020 Race 2 Pole Position: Lewis Hamilton
2020 Race 2 winner: Lewis Hamilton

Find out the Race Schedule in your local time zone at the F1 Official Race Schedule Page.

The 2021 Austrian GP will be held at Red Bull Ring, home race for the team leading the championship battle against the former champions. As the battle for the World Driver’s Championship continues between Lewis Hamilton and Max Verstappen, with the later gaining an upper hand at the last race at Paul Ricard. We move to the next round to the double header at Red Bull Ring in Austria! This is a repeat of 2020 where we had a double header where Mercedes dominated both the races. With long straights and few low speed corners this track favors low downforce cars, which puts Red Bull as favorites for the win. Situated in the Styrian mountains and it is a visual spectacle. Will Hamilton be able to fight back in the WDC and try and gain back the lead? Let’s find out at the 2021 Austrian GP!

Bored of waiting for the race day? Catch some banter in our Episode 6: F1reside Chat.

2021 French GP

2021 French GP was a nail bitter till the very last lap. Well Paul Ricard delivers! What an amazing race! Max and Red Bull are suddenly gaining the upper hand on Lewis and Mercedes. With battle between Max and Lewis till the very last lap, we had a lot more going on in the race throughout the field! Some stunning performances by Lance, Vettel, Lando and Riccardo made for a very interesting race to watch.

Join our F1 fantasy league by using the code c3f7a33139 and visiting the site fantasy.formula1.com.


Listen in to Episode 12 at your favorite podcasting platform


Episode Summary

  1. French GP Entertaining?!! o.O
  2. The prey have become the hunters!
  3. The McLaren Duo drives together
  4. Max adjusts his mic
  5. Hamilton makes do with the situation he’s in
  6. Merc treats Bottas poorly
  7. Formula Toto
  8. Lance Stroll – The comeback king!
  9. Tsunoda wiggles his (car’s) rear end
  10. Michael Masi hands out some sass
  11. Some more bitching about Mazepin
  12. Underappreciated Alpha Romeo
  13. Driver of the day
  14. Team of the day

Driver Ratings

Rating scale:
0 – Poor
5 – Average
10 – Outstanding

PosDriverTeamSarang’s RatingAkash’s Rating
1Max VerstappenRED BULL RACING HONDA10/1010/10
2Lewis HamiltonMERCEDES10/1010/10
3Sergio PerezRED BULL RACING HONDA9/1010/10
4Valtteri BottasMERCEDES8/109/10
5Lando NorrisMCLAREN MERCEDES9/109/10
6Daniel RicciardoMCLAREN MERCEDES8/108/10
7Pierre GaslyALPHATAURI HONDA8/109/10
8Fernando AlonsoALPINE RENAULT8/107/10
9Sebastian VettelASTON MARTIN MERCEDES7/108/10
10Lance StrollASTON MARTIN MERCEDES9/109/10
11Carlos SainzFERRARI6/107/10
12George RussellWILLIAMS MERCEDES8/108/10
13Yuki TsunodaALPHATAURI HONDA6/106/10
14Esteban OconALPINE RENAULT6/106/10
15Antonio GiovinazziALFA ROMEO RACING FERRARI6/107/10
16Charles LeclercFERRARI5/104/10
17Kimi RäikkönenALFA ROMEO RACING FERRARI5/105/10
18Nicholas LatifiWILLIAMS MERCEDES4/104/10
19Mick SchumacherHAAS FERRARI5/105/10
20Nikita MazepinHAAS FERRARI2/101/10

Looking for more F1 banter while waiting for the next race? Check out our previous Episode 5: Fireside Chat where we discuss about the controversies and News from around the motorsporting world.

Also check out our YouTube Channel for snippets from the podcast when you don’t have time to listen to the whole thing.

Also check the rest of our back catalogue and please feel leave a comment below about what are your thoughts about the race!

2021 French GP Race Preview

18 Jun – 20 Jun 2021

Schedule

Session NameDate/Time (Track local time)
Free Practice 118 Jun 11:30 – 12:30
Free Practice 218 Jun 15:00 – 16:00
Free Practice 319 Jun 12:00 – 13:00
Qualification19 Jun 15:00 – 16:00
Race20 Jun 15:00 – 17:00

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Until 2021 French GP

French GP Track Map

Azerbaijan GP Track Facts

Number of Laps: 53
Track Length: 5.842km
Race Distance: 309.69 km
Best Laptime: 1:32.740  by Sebastian Vettel (2019)
2019 Pole Position: Lewis Hamilton
2019 Race winner: Lewis Hamilton

Find out the Race Schedule in your local time zone at the F1 Official Race Schedule Page.

The 2021 French GP will be held at Circuit Paul Ricard which was built in 1969 and held the maiden French GP in 1971. In modern times this circuit started hosting F1 since 2018. Before that the last time F1 cars raced on this track was in 1990. This track hasn’t produced good racing with these long modern F1 cars. However, with how close all teams are to each other in terms of performance, we can expect some good racing.

This circuit is known for it’s hypnotic blue and red stripes on the run off areas. These stripes are a replacement for grass or gravel traps which are present on traditional circuits. Since gravels traps can lead to certain dangerous situations, which is where these red and blue stripes come into the picture. They are made of a material that is more abrasive than asphalt and will cause higher tire degradation for a diver that ventures into them.

Bored of waiting for the race day? Catch some banter in our Episode 6: F1reside Chat.

2021 Azerbaijan GP

Well Done Baku! The 2021 Azerbaijan GP was a blistering, blasting race, where neither of the contenders, Max Verstappen and Lewis Hamilton, for the driver’s championship were able to score any points. One due terrible choices made by Pirelli and the other due to his own undoing. What an unexpectedly exciting race it has been. Congratulations to Sergio Perez, Sebastian Vettel and Pierre Gasly to get podium positions for the 2021 Azerbaijan GP.

Unexpected tire failures for Lance Stroll and Max Verstappen turned the race over its head and gave us such an unexpected results.

Join our F1 fantasy league by using the code c3f7a33139 and visiting the site fantasy.formula1.com.


Listen in to Episode 11 at your favorite podcasting platform


Episode Summary

  1. Pirelli Tire debacle
  2. Max writes a strongly worded letter
  3. Redemption time for the Rejected
  4. F1 gets some PERVET GAS
  5. Red Bull finally has the winning formula?
  6. Aston Martin on point with strategy
  7. Gasly gets some wings.
  8. BOT driving a Williams now?
  9. Mercedes cracks under pressure
  10. HAM has a Mazepin moment
  11. Ferrari climbing up the ladder

Driver Ratings

Rating scale:
0 – Poor
5 – Average
10 – Outstanding

PosDriverTeamSarang’s RatingAkash’s Rating
1Sergio PerezRed Bull9.5/1010/10
2Sebastian VettelAston Martin9.5/1010/10
3Pierre GaslyAlpha Tauri9/109/10
4Charles LeclercFerrari8/108/10
5Lando NorrisMcLaren8/107/10
6Fernando AlonsoAlpine8/108/10
7Yuki TsunodaAlpha Tauri7/107/10
8Carlos SainzFerrari6/106/10
9Daniel RicciardoMcLaren6/106/10
10Kimi RäikkönenAlfa Romeo8/107/10
11Antonio GiovinazziAlfa Romeo8/107/10
12Valtteri BottasMercedes4/103/10
13Mick SchumacherHaas6/106/10
14Nikita MazepinHaas6/101/10
15Lewis HamiltonMercedes5/108/10
16Nicholas LatifiWilliams5/104/10
DNFGeorge RussellWilliams5/105/10
DNFMax VerstappenRed Bull9/1010/10
DNFLance StrollAston Martin8/108/10
DNFEsteban OconAlpineDNFDNF

Looking for more F1 banter while waiting for the next race? Check out our previous Episode 5: Fireside Chat where we discuss about the controversies and News from around the motorsporting world.

Also check the rest of our back catalogue and please feel leave a comment below about what are your thoughts about the race!

2021 Azerbaijan GP Race Preview

04 Jun – 06 Jun 2021

Schedule

Session NameDate/Time (Track local time)
Free Practice 104 Jun 12:30 – 13:30
Free Practice 204 Jun 16:00 – 17:00
Free Practice 305 Jun 13:00 – 14:00
Qualification05 Jun 16:00 – 17:00
Race06 Jun 16:00 – 18:00

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Until 2021 Azerbaijan GP

Azerbaijan GP Track Map

Azerbaijan GP Track Facts

Number of Laps: 51
Track Length: 6.003km
Race Distance: 306.049 km
Best Laptime: 1:43.009 by Charles Leclerc (2019)
2019 Pole Position: Valtteri Bottas
2019 Race winner: Valtteri Bottas

Find out the Race Schedule in your local time zone at the F1 Official Race Schedule Page.

The Baku city circuit is one of the newest street city circuits on the F1 calendar. First introduced in 2016, it has quickly become a fan favorite among street circuits. This circuit is the second longest circuit besides Spa-Francorchamps on the calendar. The 2.22 km(1.38 mi) straight is the longest on the 2021 calendar. This circuit has given us some exciting racing with the ultra wide and long straight, 90 degree corners and extremely narrow old fort wall section brings a unique challenge for the contenders.

The long straights favor teams running a low drag setup and teams with a good engine. Given the Bendgate might give Red Bull a slight advantage over Mercedes, which they(merc) will make up in their straight line speed because of the engine that they house in their car. The Championship battle is just heating up between Lewis and Max as well as Mercedes and Red Bull.

Bored of waiting for the race day? Catch some banter in our Episode 6: F1reside Chat.

2021 Monaco GP

The 2021 Monaco GP was yet another awesome race where the championship battle between Lewis Hamilton and Max Verstappen has turned spicier. After terrible day that both the Mercedes drivers had, Red Bull fully capitalized on the situation and gained the upper hand on Mercedes.

Max Verstappen got his maiden race win on the streets of Monte Carlo and first time leading the Championship as well!

Join our F1 fantasy league by using the code c3f7a33139 and visiting the site fantasy.formula1.com.


Listen in to Episode 9 at your favorite podcasting platform


Episode Summary

  1. Were we back in 2006? – Ferrari Qualification controversy
  2. Smooth Operator Carlos Sainz
  3. Shit out of luck Valtteri Bottas
  4. Mercedes cannot handle pressure
  5. Lewis Hamilton, the cribbing complain box
  6. Dare you skip mid episodes messages!
  7. Blue flags in Mclaren
  8. More Top Gear references with Daniel Ricciardo’s weekend
  9. RedBull strategy and Sergio Perez finds his mojo
  10. You’ve been Strolled!
  11. Haas and other amazing battles
  12. Flags Flags everywhere; could have been with Hamilton too.

Driver Ratings

Rating scale:
0 – Poor
5 – Average
10 – Outstanding

PosDriverTeamSarang’s RatingAkash’s Rating
1Max VerstappenRed Bull10/1010/10
2Carlos SainzFerrari10/1010/10
3Lando NorrisMcLaren10/1010/10
4Sergio PerezRed Bull9/109/10
5Sebastian VettelAston Martin9/108/10
6Pierre GaslyAlpha Tauri8/109/10
7Lewis HamiltonMercedes6/107/10
8Lance StrollAston Martin7/107/10
9Esteban OconAlpine8/108/10
10Antonio GiovinazziAlfa Romeo8/108/10
11Kimi RäikkönenAlfa Romeo6.5/106/10
12Daniel RicciardoMcLaren6/106/10
13Fernando AlonsoAlpine5/106/10
14George RussellWilliams6/106/10
15Nicholas LatifiWilliams5/104/10
16Yuki TsunodaAlpha Tauri4/104/10
17Nikita MazepinHaas4/101/10
18Mick SchumacherHaas3/104/10
DNFValtteri BottasMercedesDNFDNF
DNSCharles LeclercFerrariDNSDNS

Looking for more F1 banter while waiting for the next race? Check out our previous Episode 5: Fireside Chat where we discuss about the controversies and News from around the motorsporting world.

Also check the rest of our back catalogue and please feel leave a comment below about what are your thoughts about the race!

2021 Monaco GP Race Preview

20 May – 23 May 2021

Schedule

Session NameDate/Time (Track local time)
Free Practice 120 May 11:30 – 12:30
Free Practice 220 May 15:00 – 16:00
Free Practice 322 May 12:00 – 13:00
Qualification22 May 15:00 – 16:00
Race23 May 15:00 – 17:00

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Until 2021 Monaco GP

Track Map

Track Facts

Number of Laps: 78
Track Length: 3.337km
Race Distance: 260.286 km
Best Laptime: 1:14.260 by Max Verstappen (2018)
2019 Pole Position: Lewis Hamilton
2019 Race winner: Lewis Hamilton

Find out the Race Schedule in your local time zone at the F1 Official Race Schedule Page.

The Monaco GP is considered as the crowned jewel in Formula 1’s calendar. Along with Indi 500 and Le Mans it forms the Triple Crown of Motorsporting. Unlike all the circuits till now in the 2021 Season this is a street circuit on the narrow streets of Monte Carlo. The first Monaco GP was held in the year 1929. This is one of the few tracks that pre dates the Formula 1 Championship. This track is probably the favorite among drivers and it’s always a huge achievement to achieve pole position on this track.

The track is narrow, winding and one of the most difficult tracks to drive on. With no run off areas and barriers everywhere, this track is unforgiving. A single mistake can essentially end your race. With some unique elements like the Hairpin turn and the Tunnel makes this a unique challenge for all drivers. Most of the races in the Hybrid Era are won during the qualification as overtaking on these narrow streets is near impossible. Qualification and Strategy play a huge role in this race. With Mercedes and Red Bull so close to each other in performance and the track favouring the high down force Red Bull cars, this year might bring us a much more exciting Monaco GP.

Bored of waiting for the race day? Catch some banter in our Episode 6: F1reside Chat.