EP 295 - F1 Singapore Grand Prix 2023 Special - Michael Waitze
Sep 20, 2023
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Michael Waitze, an expert in the F1 industry, discusses the high costs of developing F1 engines, the move towards net-zero emissions, and the debate between the importance of drivers and technology in F1 racing. The podcast also explores F1 teams' goals for net zero emissions and the experience of attending an F1 Grand Prix.
The push toward net zero emissions in F1 is expected to reduce pollution and influence the adoption of cleaner vehicles in everyday life.
Both the driver's skills and the technology are considered crucial for an F1 team's success.
Deep dives
The push toward net zero emissions in F1 will reduce pollution and impact car design
Fans believe that the push toward net zero emissions in F1 will have a positive impact by reducing pollution. This will require changes in the structure and design of cars to minimize pollution. Additionally, there is the expectation that these sustainability efforts will extend beyond F1, influencing regular people's cars and everyday lives by encouraging the adoption of cleaner and quieter vehicles.
The importance of the driver and technology in F1 teams
Opinions are split regarding what is more important to an F1 team, the driver or the technology. Some believe that the driver is crucial as their skills and performance significantly impact team success. Others argue that technology plays a crucial role, including speed, handling, and downforce, which are vital for F1 cars' performance through corners. Both the driver and technology are seen as essential components of an F1 team's success.
The challenges of achieving net zero emissions and the impact on travel
Achieving net zero emissions in F1 by 2030 is seen as challenging due to various factors. The scale of global travel for F1 events and the additional entertainment aspects make it difficult to reach the target without compensating controls. Shifting to alternate forms of transportation, such as electric planes, would require significant advances in technology to handle the current level of cargo. However, regardless of achieving the net zero goal by 2030, F1's innovations and technologies are expected to filter down and benefit regular people by inspiring advancements in hybrid cars and sustainability.
1.
The High Costs, Net Zero Emissions, and Tech vs. Driver Debate in F1 Racing
The Asia Tech Podcast went to the F1 Grand Prix in Singapore.
It costs over $1BN dollars to develop a championship-winning F1 engine, hundreds of millions of dollars yearly just to run a team and many years and over 1,000 people to design each new car.
On the Asia Tech Podcast, we normally talk to startups and venture capitalists in Asia…but none are spending that much on R&D.
By 2026 the F1 cars will have completely new engines and by 2030, F1 teams need to reach net-zero emissions.
…and we went to the F1 Grand Prix in Singapore to find out what the fans think about this!
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