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Here's how wildly expensive it is to participate in F1

The cost of competing in Formula One racing is extremely high. Not in the physical and lifestyle sense, although that too takes a major toll on each team and driver, but in a literal hand-over-the-cash sense. Each F1 team pays hundreds of thousands of dollars to enter, plus a fee for every single point the team earned in the previous season. Motorsport.com recently detailed just how absurdly pricey entering the F1 field is. According to the piece, the price of entry goes up each year due to the U.S. Consumer Price Index. For 2019, the entry fee is $546,133, and it doesn't stop there. There are additional dues required of each team based on where the team finished in the previous season. Interestingly, the winners pay more. For example, Mercedes-Benz, the constructor champion for the past five years, must pay $6,553 per point it scored in 2018. With 655 points scored, that's $4,292,215. All other teams must pay $5,459 per point. For a full rundown of what the teams will be paying for 2019, check out the full article here.Related Video:

The first $2.5M Ferrari F60 America arrives in Palm Beach

There's a rather happy-looking individual in Palm Beach today. And well he should be. After all, he just took delivery of the very first Ferrari F60 America. Can't remember the F60 America? We can hardly blame you, seeing as how it has been well over a year since Ferrari first unveiled it in Beverly Hills back in October 2014. It's not the successor to the F40 and F50 as the name might suggest – that role having already been taken by the Enzo and LaFerrari – but rather a special take on the F12 Berlinetta. It features a unique roadster bodystyle, an evocative (if not downright retro) blue and white NART livery, and the 6.3-liter V12 in 730-horsepower spec that would later appear in the F12 TdF. It's a worthy successor, in short, to previous front-engined V12 roadsters from Maranello, like the 550 Barchetta, 575 Superamerica, and 599 SA Aperta. The Prancing Horse marque set out to build only ten examples, each destined for these shores, in celebration of Ferrari's 60 years in the US market. Despite the shocking $2.5 million sticker price, all of them were spoken for before it was even unveiled. The first was finally delivered on Monday to its eagerly awaiting owner during the 25th annual Palm Beach Cavallino Classic, in front of some of the country's top Ferrari collectors and aficionados. The first F60 America consigned Palm Beach, 25th January – The first F60 America was delivered this weekend to the delight of a discerning crowd of Ferrari collectors and enthusiasts during the 25th annual Palm Beach Cavallino Classic. This strictly limited-edition car, which was produced to commemorate the 60th Anniversary of Ferrari in America, is the first of just ten to be delivered nationwide. The car pays homage to American clients' great passion for both the V12 engine and open-top driving. The F60 America's bodywork adopts the classic North American Racing Team livery, and the special Ferrari 60th Anniversary Prancing Horse badge on the wheelarches appears on the tunnel in the cockpit. This beautiful example in Blu Nart livery – Bianco Italia looked instantly at home under the azure Florida sky. Featured Gallery Ferrari F60 America: First Delivery News Source: Ferrari Ferrari Car Buying Convertible Supercars ferrari f60 america

Ferrari F8 Tributo brings the best of the 488 Pista to the masses

This is the Ferrari deemed worthy of replacing the 488 GTB, called the F8 Tributo. Let's start with the red meat: 3.9-liter twin-turbo V8 producing 710 horsepower and 568 pound-feet of torque. Those numbers sound familiar? They're the same as we got from the special edition 488 Pista, and they outdo the 488 GTB by 49 hp and seven pound-feet. The F8 Tributo warps itself to 62 miles per hour in a Pista-matching 2.9 seconds, takes two tenths longer to reach 124 mph at 7.8 seconds, but runs all the way to the same 211-mph top speed. What's more, the F8 Tributo weighs 2,932 pounds dry when graced with all of the lightweight options. That's 111 pounds more than the Pista, but an 88-pound diet compared to the 488 GTB. Rear-slanted radiators frame an evolution of the Pista's S-Duct to redefine the front end. Ferrari said the under-over airflow trick delivers a 15-percent increase in downforce compared to the retiring 488. Redesigned headlights take a horizontal stance, making room for brake cooling ducts that obviated needing to fit larger brakes. The Lexan engine cover and its three subtle louvers hearken to the F40, and the quad taillights hearken to Gran Turismo Berlinetta Ferraris of yore. The enlarged spoiler hunkers over that light cluster in 812 Superfast fashion, above a rear fascia that incorporates curved mesh grilles. Ferrari says the overall look is "the bridge to a new design language." As a side benefit, it confers a 10 percent improvement in aero efficiency compared to the 488. Ferrari's updated its Side Slip Angle Control (SSAC), and made the revised Ferrari Dynamic Enhancer (FDE) available in Race mode "to make performance on limit easier to reach and control for greater number of drivers." SSAC allows for more drifty attitudes, the FDE adds automatic braking inputs to reduce the need for sudden countersteering. Formerly, FDE was only available with the steering wheel manettino control in the CT Off position. The cabin's been overhauled, starting with a smaller steering wheel dotted with a couple of additional buttons for hands-free phone operation. The former oblong vents give way to round ones, there's a new digital interface for the driver and 8.25-inch touchscreen for the passenger, and new door cards. We will be taking a much closer look at all of it come Geneva. Related Video: