
5 Strategies Motorsports Racing Teams Can Implement Today to Cut Costs Without Sacrificing Performance
Every year, costs go up: fuel, freight, parts, labor.
And now we should add tariffs to the mix.
Meanwhile, sponsorship dollars are harder to secure, and prize money can’t be relied on to keep pace either as both fall under the squeeze of tough macro-economic conditions.
The result? Teams are burning through budgets faster, with less margin for error. Without proactive cost management, many risk being priced out of competition—or forced to make painful compromises that hurt on-track performance.
Doing nothing is always a choice, and an understandable one: it is easy to make.
At least in the short-term.
However, in times where costs do not go down, this choice.means falling behind, or closing up shop completely.