110. Formula 1 Teams
The Economics of Everyday Things
Freakonomics Network
4.8 • 1.6K Ratings
🗓️ 13 October 2025
⏱️ 24 minutes
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| 0:00.0 | Hey, Zach here. |
| 0:03.8 | Just wanted to ask for a small favor. |
| 0:06.0 | We're running a little survey to learn more about who you are and what you'd like to hear more of on this show. |
| 0:11.3 | It's totally anonymous. |
| 0:12.8 | It takes less than a minute to complete, and it'll really help us out. |
| 0:17.2 | You can find it at freekonomics.com slash everyday survey. |
| 0:21.4 | That's freakonomics.com slash Everyday Survey. That's Freakonomics.com slash everyday survey, all one word. |
| 0:26.2 | Okay, on with the show. |
| 0:37.3 | A Formula One motorsport race always starts the same way. |
| 0:42.6 | 20 cars line up in pairs. |
| 0:45.6 | Here come the lights for the Monaco Grand Prix. |
| 0:48.5 | As the engines rumble at the starting line, five red lights will turn on, one by one. |
| 0:54.1 | Three, four, five red lights will turn on, one by one. Three, four, five red lights. |
| 0:56.8 | When the lights switch off, the race begins. |
| 1:00.0 | In two tenths of a second, all 20 drivers release the clutch, |
| 1:04.3 | press the throttle, and accelerate. |
| 1:07.1 | And Formula One goes racing on the streets of Monaco. |
| 1:10.9 | Formula One goes racing on the streets of Monaco. |
| 1:17.7 | Formula One is the pinnacle of global motorsport. |
| 1:21.4 | It's got the fastest, most sophisticated cars and the best drivers. |
| 1:30.1 | That's Steve Cripps, the chief financial officer at Williams Racing, one of the oldest and most successful Formula One teams. |
| 1:37.6 | In the past few years, Formula One's audience has grown to more than 820 million fans worldwide. |
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