10 Amazing Facts About Formula 1 Race & It’s Cars markkislowski posted on 1 year ago — updated on 1 year ago 389 views Sport News Do you know? Formula 1 teams like McLaren, Ferrari, and Red Bull spend approx. 320 million USD per year. This spending includes Car Cost, driver cost, team management cost, and many other small extra costs. McLaren Ferrari Red Bull FIA F1 YOUR REACTION? 0 AWESOME! 0 NICE 0 LOVED 0 LOL 0 FUNNY 0 FAIL! 0 OMG! 0 EW!