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The Money Factor to a U.S. Driver in F1

By December 14, 2012

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It just occurred to me that we never hear enough about one other things preventing American drivers from breaking into Formula 1.  In a year in which optimism of the series breaking into the U.S. was at a very high level after the fabulous return of the U.S. Grand Prix, at the Circuit of the Americas in Austin, the idea of the need for an American driver in F1 was raised many times.

The big complaint, the usual leitmotif about that problem is that Americans have to move to Europe to train in, and be seen racing in, the lower series leading up to F1.  What is rarely spoken about is that these same drivers usually need a vast budget from sponsors if they want to break into the highest level.

The official IndyCar web site has reported that Conor Daly, an American who was racing in the GP3 series this year, has just said he doubts he can make it to Formula 1 for that very reason:  No budget high enough.

"We have had some great sponsors and supporters around us, but it will take more if we want to move up in Europe and also if we can do IndyCar," he said. "Europe has been awesome; I've learned a lot. But the financial backing is something that we don't have to move to the next level."


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