Do you want to own your own Formula 1 car?

PF1 is a company that has been established to market and maintain post-2000 Formula 1 cars for wealthy racing enthusiasts and to bring the price of owning and maintaining recent F1 machinery down to the same sort of level as roadgoing supercars – but with the additional benefit of greater exclusivity and less depreciation. The PF1 service is being provided by ex-Williams engineer Tim Preston and his team of mechanics and the PF1 owners have also taken on Marc Hynes to work as a personal coach for the buyers. The company is supported by Cosworth and former Cosworth F1 boss Bernard Ferguson has been taken on by PF1 in a consultancy role. PF1 has even had Martin Brundle up to drive some of the cars. PF1 has a fleet of recent Jordans, Jaguars and Super Aguris.

"Owning and running an F1 car has always been prohibitive for all but the super-rich – until now," says Paul Osborn, one of the founders of PF1. "We’ll charge PF1 customers £300,000, plus £2500 for membership of Club PF1, which enables you to run your car at four events per year at places like Donington and Spa. Now, £300,000-odd isn’t a small sum - but when you consider that our customers will own their cars, complete with engines, and can of course sell them if they like, it starts to be a lot more affordable. And remember that £300,000 is only half the price of a Ferrari Enzo road car."

Brundle drove several cars at the launch of PF1 and said that PF1's pricing is "on a par with something like a Porsche Carrera GT, or an equivalent roadgoing supercar, and yet it’s so much more exclusive an experience. F1 has never been so affordable before."

Follow grandprixdotcom on Twitter

Print News Story