With the US and Europe still struggling to get back on track following the devastating hurricanes, racing has been a popular way to escape the grid for some of the world’s top drivers.
But there’s a big problem: there’s no prize pool to rival the one at the top.
With the likes of Formula 1 and the likes on TV, the idea of a cash-in prize is appealing but a race-only prize doesn’t have the same appeal.
As a result, the world is still recovering from the devastation that Hurricane Harvey wrought on the Gulf Coast of Texas.
With no prize pools to rival Formula 1 or the likes, what does Formula One have to offer?
Race organisers have always had a choice to make when it comes to how they fund their events.
“They could run a race as an event where they pay everyone to go out and race, or they could fund a private fund, where they’re not paying anyone to go,” says Paul Jorgensen, former Formula 1 race director.
The Formula One World Championship is the largest event in motorsport and hosts more than 10,000 events across the world every year.
Although the organisers are reluctant to discuss how they spend the money from the race, they have a list of races where they can’t pay everyone, but that does include some races with a prize pool.
However, the biggest prize pool at the moment is still Formula One, which has a purse of more than $200 million.
The first race in the UK’s Formula 1 calendar is scheduled to take place at Silverstone in September.
The next event in the calendar is being held at Brands Hatch in February.
There are also other Formula One races on offer in Germany and France, which could offer even more money to the organisers.
So if you are thinking about attending Formula One next year, the first thing you need to do is find out which races have the largest prize pools.
There’s no single answer, but there are some general guidelines to consider.
For example, if you plan to race at least once this year, then you should aim to get your ticket to the race at the cheapest price.
“You want to get a ticket to be as cheap as possible so that you can go to the cheapest place,” says James Wilson, managing director of race marketing company, Race Promotions.
And if you want to take your chances, then there’s also a lot of other events that you could be interested in.
For instance, the FIA has held its first Formula 1 World Championship in 2020.
But the FIA only has a total of five races available each year, which means you may find some events you’re not keen on.
There is also the possibility of a race in a particular country that you’ve never heard of.
“I’ve been to a lot more races in the US, Europe and Australia,” says Wilson.
“If I were to do a race there, I’d have a pretty good idea of what to expect.”
You could even look into the events in your home country.
“In the US you’ve got a lot to be happy about,” says Jorgenson.
Race fans are going to have to take their chancesSource: Alamy SportRace promoters are going the extra mile for Formula One fansThe last thing you want is to have the cheapest tickets possible, so it’s important to look at the events that have a prize fund. “
So if I’m in the States I could definitely get a Formula 1 ticket, but I’d be more interested in a race at a race track that has a big prize pool.”
Race fans are going to have to take their chancesSource: Alamy SportRace promoters are going the extra mile for Formula One fansThe last thing you want is to have the cheapest tickets possible, so it’s important to look at the events that have a prize fund.
A good way to do this is to look to what the organisers have been doing in the past.
“They’re probably the ones that you’ll find the cheapest seats in a grand prix, like a big grand priy, and that gives you a big edge over someone who has been on a budget,” says Ryan Tambellini, managing partner of race promoter, Race Events.
In terms of race promoters, there are a number of different types of events that they run.
They have one of the biggest events in the world, the Formula 1 Grand Prix, which is held at Silverstein in September and runs for a total 12 months.
The other big event, the British Grand Prix at Silverwood, is held each year from April to September and is one of Formula One’s biggest events.
The final event on the calendar in Britain is the F1 Grand Prix in Brands Hatch on February 27.
“That’s the event that the Brits really get excited about,” Tambillini says.
“It’s the race that they’ve had in the back of their minds for a long time, so you’ll be able to get out there and get in the car,