How to Own a F1 Car? All Questions Answered

Published 08/19/2021, 9:15 AM EDT
Formula One F1 – Hungarian Grand Prix – Hungaroring, Budapest, Hungary – July 30, 2021 Red Bull’s Max Verstappen in action during practice REUTERS/Florion Goga


Not all of us have over a million pounds to spend on Formula One cars, but perchance you win the lottery and want to spend it on some expensive F1 ‘merch,’  this is how you do it.

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Teams usually put their F1 cars up for auction, if they intend to sell them. Prices vary based on the team and the driver whose car it is. However, there are many options to get what you’re looking for.

The real deal

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Most recently at Silverstone, Lewis Hamilton‘s race-winning McLaren was put up for auction. RM Sotheby sold the McLaren MP4-25A and, as their PR director said, “It’s a British car that was driven by a British driver being sold at a British Grand Prix. All of those things dovetail together nicely.” 

It dovetailed nicely to a record amount of £4,836,000 at the open auction.

These heritage cars are only really useful if the person buying them has access to a track and knows how to drive the car. This is because the cars usually come with their internal components attached. Although most of the parts could be very old and would require additional expenditure for its maintenance.

F1 Authentics – the economical option

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For those who are just massive fans of the sports, the F1 Authentics website is the better option. The site offers replicas of the cars that are to scale, and are at a much more convenient price than the actual car. The show car is a simpler option for display and almost is as good as the real thing if you don’t know how to maneuver it.

F1 Authentics also 1:8 scaled versions of the cars, for those who don’t have the massive garage for the big car. They also auction these pieces, with bids starting as low as £1.00. The cars are not only specific to the driver and the team but also the race and special liveries.

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So, buying an F1 is actually for everyone. It could be as complicated as an auction for the original chassis or as simple as a model to add to your collection.

Watch this story: Lewis Hamilton’s Biggest F1 Crashes

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Shreya Sanjeev

356 articles

Shreya Sanjeev is an F1 author at EssentiallySports. Having attained a journalism degree from St Xavier's College, she finds comfort in the sound of her keyboard while typing and excitement in the sound of F1 cars speeding on a track. A street circuit and Daniel Ricciardo fan through and through, Shreya claims the 2018 Monaco GP to be one of her favorite races of all time.

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