The engineers and staff have gotten a massive shafting by F1 with the budget cap. It’s be decent for most of the on track action, but we all know when savings are needed, the people are the first to go. F1 salaries were already abysmally low in comparison to similarly skilled engineers, and this will make sure to depress them even more
As far as I know, at least relative to their peers in the private sector. It was discussed on Reddit all the time, but it’s basically the same concept as game dev. There’s always somebody with a ton of passion ready to replace you for less money, so salaries never go up.
Add on the insane hours they work, it’s not a great deal
The engineers and staff have gotten a massive shafting by F1 with the budget cap. It’s be decent for most of the on track action, but we all know when savings are needed, the people are the first to go. F1 salaries were already abysmally low in comparison to similarly skilled engineers, and this will make sure to depress them even more
Wait, F1 engineer salaries are low?
In engineering, you take a pay hit for the cool factor. If the talent WANTS to work for you, the company can afford to pay you less.
This is consistant across all sectors, F1, Tesla, SpaceX, other companies in the space sector
If you do something not cool in the middle of nowhere, guess what, you get paid much more. E.g. mining or gas engineer
Damn, that sucks
As far as I know, at least relative to their peers in the private sector. It was discussed on Reddit all the time, but it’s basically the same concept as game dev. There’s always somebody with a ton of passion ready to replace you for less money, so salaries never go up.
Add on the insane hours they work, it’s not a great deal
So typical corporates always winning at the end of the day.