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toyota f1

F1 teams spent over $3 billion, Toyota the most

While we knew Formula 1 racing was an expensive venture, leave it to the 2008/2009 edition of Formula Money to spell-out the jaw-dropping finances for us. According to their latest guide, the supporting cast will shell out over $3 billion this year in team resources -- with Toyota dropping more than $445 million of it alone. McLaren is a close second at $433 million, while Ferrari rounds out the top three with $414 million coming out of pocket. If you take a look at team resources divided by points scored, each point cost Ferrari $1.9 million in 2007 (while each point cost Honda a staggering $57.2 million during the same period!). With the financial markets around the world roiled in turmoil, many are wondering when the F1 budgets are going to feel the pinch... Thanks for the tip, Keith!

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Toyota F1 to promote <i>The Dark Knight</i>, Batmobile to lap Silverstone

Remember the 2006 Monaco Grand Prix? How about a refresher - Fernando Alonso took the checkered flag, but all eyes on the podium weren't focused on the Spanish champion...they were on David Coulthard, who stood on the third step of the podium in a red cape. (Yeah, seriously.) The scarlet accessory was part of a commercial agreement that saw Red Bull Racing promoting Superman Returns. Few expected DC to score that podium finish (it was the first for the new team) but there he stood.

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