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Formula 1 Fuel Costs Could Surge Tenfold by 2026

5/3/2025

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Story summary
  • By 2026, Formula 1 teams may see fuel costs soar to over $300 per litre, a tenfold increase.
  • Current fuel prices range from $22 to $33 per litre, with future projections between $170 and $225.
  • Annual fuel expenses for teams could reach $1.9 to $2.4 million, straining budgets significantly.
  • The FIA is considering standardizing fuel components by 2027 to help mitigate costs.
  • Charles Leclerc's new setup enhances his performance, while Lewis Hamilton faces challenges at Ferrari.