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Monday, 24 October 2011

Essential Know - How of Formula one in India

The Indian promoters, Jaypee  group, are forkng out  around 171  crores just to get the event , set to take place at the Buddh circuit on October 30., to their spanking new 875 acres in Greater Noida.

As a business model, F1 is currently at the mercy of one organisation. It is headed by Bernard Charles ( a.k.a) Bernie Ecclestone and his formula One Group is an umbrella under which falls F1 Management.

A country that host F1 experiences 456 percent  return on Investment due to spike in tourism and judging by the rising hotels room rates. The average boost to a local economy in a country hosting F1 was 492 crores.

Track Length : 5.137 km, Number of turns  16, Estimated maximum speed of a car : 320 Kmp, Estimated average speed of a lap :210 kmp, Number of laps : 60 laps, Direction : Clockwise.

The circuit is designed to host  1,20,000 people.

The Inidan GP sees a line-up 24 drivers including five who have won at least one world championship and current double world camp Sebastian Vettal.

An F1 car has around 80000 components. it can accelerate from zero t 200 kph and decelerate to zero again in abr 7 sec. At 300 kph, the aerodynamic components on an F1 car generate enough downforce for the car to run upside down without falling to the ground..The optimum temprature for the brakes is about 750 degrees centigrades..

There is no prize money for f1 teams. Money earned through sale of TV rights, trackside ads and merchandise is pooled at the end of the year and distrubuted among the team based on their standing.

 Ticket sales bring in the lion shares. For the Indian GP, the cheapest ticket available is Rs 6000 ( with seating)  an the most expensive is  Rs.35000. Of the other venues the cheapest ticket is turkish GP Rs5022 and the most expensive 3 day ticket is Monte Carlo for Monaco GP Rs. 36212.

A driver loses 2-3 litres of water in a race which may amount to almost 3 kg weight loss.Heart beat can rise to 150-200 bats/minutes in a race for F1 driver. A water bottle is in the cockpit with a pipe going through the driver helmet.


Posted by : Vishal.Kalgutkar

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