‘Nowadays You Have to Be a Billionaire’ – Ferrari F1 Legend Criticizes Pay-in Nature of F1

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January 30, 2021 9:53 pm

F1 is a sport like no other; only the 20 athletes can make the grade at a given point in time. This exclusivity also means that each and every race seat has a very high value. While most earn it through sheer talent, a few ‘buy’ their race seat as well. This, somewhat justifiably, annoys former Ferrari driver Jean Alesi.

“If you look at what’s going on in our part of the world, it’s not about a performance society. All you have to do is pay, pay, and pay. This is crazy, It’s the only sport in the world that you have to pay to play.” 

LE CASTELLET, FRANCE – Owner of Racing Point Lawrence Stroll and Otmar Szafnauer, Team Principal and Chief Executive Officer of Racing Point walks in the Paddock before final practice for the F1 Grand Prix of France at Circuit Paul Ricard in Le Castellet, France. (Photo by Charles Coates/Getty Images)

His anguish is fueled because his own son, Giuliano Alesi, has to leave the European racing scene because of financial reasons. After a couple of mediocre seasons in F2, Jean can no longer afford to pay for his son’s third campaign. So, he is heading to Japan where he will compete in the Asian GT300 Series.

“I think it’s a lot fairer in Japan. He will be racing almost every weekend, something that is no longer possible in Europe unless you pay a lot of money. Nowadays you have to be a billionaire to buy a Formula 1 team for your son, otherwise, you won’t make it into F1,” said Alesi in an interview with his colleague from ‘Gazzetta dello Sport.’

Giuliano has been a part of the Ferrari driver academy for a while. So, as a farewell gift, they handed him the keys to the three-year-old SF71H at the Fiorano test track.

‘Mick Schumacher’s F1 selection down to Ferrari’ – Alesi

Billionaires like Mazepin and Stroll aren’t the only ones who own F1 race seats, Ferrari also controls a few through their engine deals with Alfa Romeo and Haas. And Alesi thinks that is why Mick Schumacher will make his debut with the latter in the upcoming season.

“Fortunately, there is Ferrari who supplies some F1 teams with engines so that they can also have a say in driver selection. Mick Schumacher got his Formula 1 cockpit like this – also because of his Formula 2 title, but that would not have been possible without the support from Maranello.”

SCARPERIA, ITALY – SEPTEMBER 13: Mick Schumacher of Germany prepares to drive the Ferrari F2004 of his father Michael Schumacher before the F1 Grand Prix of Tuscany at Mugello Circuit in Scarperia, Italy. (Photo by Mark Thompson/Getty Images)

While Alesi may feel hard done by the current state of affairs, it is how it goes in F1. All anyone can do at this point is call it out and hope for change initiated by the governing bodies.

Read MoreHere’s All to Know About the Michael Schumacher Estate, Where Mick Grew up as He Prepares to Enter F1

Bharat Aggarwal

Bharat Aggarwal works as a multi-sports author for EssentiallySports. His interests in sports include but are not limited to NBA and Formula 1. He completed his Bachelor's degree in Commerce from Sri Guru Gobind Singh College of commerce, Delhi University. He has previously worked as a sports copywriter and social media handler for Multiple Cricket gaming apps.

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