Video: The enormous costs of hosting a F1 Grand Prix

We probably don’t have to explain to you that Formula 1 involves an awful lot of money. Whether it’s salaries, development costs or tickets to a Grand Prix, the costs are skyrocketing. But how much does it cost to organize a Grand Prix and what factors are involved?

Because the construction of a (permanent) track is not the only huge cost involved in hosting an F1 race. In this video from RacingNews365, we try to give you a glimpse into the cost picture.