"Successfully Scaling the  F1 in Schools STEM Challenge in Texas and the United States"
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Formula 1: Pinnacle of single seater racing and many would argue, motorsport itself. Each of the 10 teams spend anywhere from $100-$400m in fielding two cars. Each team designs and builds their cars in accordance to the current technical specifications.

Cars are powered by one of the four engine manufacturers: Ferrari, Mercedes, Renault and Honda. Engines are 1.6L turbocharged V6 with Energy Recovery Systems to produce an estimated 800 HP, with a minimum weight 1548 lbs, including the driver.

Mercedes has dominated F1 since the new turbo engines went into effect in 2014, winning 16 out of 19 races in 2014 and 7 out of 10 races thus far in 2015.

Formula 1 races at purpose-built road courses and street circuits across the world, from glamorous locations like Monaco & Singapore to the magnificent Spa-Francorchamps nestled in the Ardennes forest in Belgium.

F1 generated over $1.3 billion in revenues in 2014. 65% of the revenues are split between the teams.

IndyCar: A north american open wheel series that races across a variety of track types ranging from short ovals, super speedways, road courses and street courses. The focal point of an IndyCar season is the Indy 500.

Cars are powered by 2.2L turbocharged V6 engines that output an estimated 550-750 HP depending on the level of boost used by track, weighing approximately 1575 lbs, excluding the driver. Chasis is built by Dallara that all teams use, with engines provided by Chevy or Honda. In addition each engine manufacturer provide their own aero-kits.

IndyCar racing is a highly competitive series, with 10 winners in 2015, and 6 drivers eligible for the championship finale in Sonoma at the time of writing. 

IndyCar budgets tend to be a fraction of F1 budgets, with top teams spending an estimated $15m/year to compete.