[adinserter block="13"]

How to secure the budget to compete in F2?

Securing a budget for a Formula 2 season is an extremely tough task, with prices for a seat ranging from team to team, but when do drivers start looking for backers?


The final step before jumping to Formula 1 is Formula 2, a spec series which includes the finest feeder series teams and 22 of the best young drivers.

But securing the funds to compete in F2 is a difficult task as costs vary from team to team, forcing young drivers to become entrepreneurs.

One of those is Swiss ace Ralph Boschung who manages all of his sponsorship deals and raises the funds to drive for Campos without the help of a manager or driver academy.

“It’s very tough,” said Boschung exclusively to Total Motorsport.com. “[If] you don’t have proper backing since the beginning [of the year], it’s always going to be tough.

“The costs are rising every year. The world is dealing with [a] massive increase in inflation. The [world] economy is getting quite bad. So that makes it even tougher. 

“Of course, if you do secure a budget, it’s always a very nice feeling. Because a lot of money is involved, and if you can make it happen, then it’s mega.”

One year to secure an entire budget

Ralph Boschung wins the F2 sprint race in Bahrain| Ralph Boschung.

To secure a full budget for the following season, Boschung typically talks to potential sponsors a year in advance, hoping to secure their support for one or multiple seasons.

Boschung‘s sponsors include Swedish cryptocurrency investor Carl Runefelt aka ‘The Moon’, Swiss jewellers L by Raphaelle and Geneva-based delicatessen Casa Andrea.

“Usually, it depends,” explains Boschung. “If you’re going the traditional way of trying to get a marketing budget from a company, usually they always do that one year in advance.

“So you will potentially start very early in the year, already talking to various companies for the following year.

“In my instance, I have an agreement [from] 2021 for not just one year. It’s just about talking details for the following years, but usually, [you] would start much earlier than most people would expect.”

Ed Spencer
Ed Spencer
FIA accredited journalist
- Advertisment -


Pascal Wehrlein of Porsche during 2024 Shanghai E-Prix | Formula E

Pascal Wehrlein: Shanghai circuit doesn’t suit Formula E

Pascal Wehrlein was less than impressed with Formula E’s Shanghai debut following a Shanghai E-Prix determined by energy saving...
Nico Hulkenberg during 2024 Monaco GP qualifying | Haas F1 Team / LAT Images

Both Haas drivers disqualified in Monaco after using non-compliant part

Haas drivers Kevin Magnussen and Nico Hulkenberg have been disqualified from the 2024 Monaco Grand Prix Qualifying classification for...
Charles Leclerc after 2024 Monaco GP Qualifying | Scuderia Ferrari Press Office

Charles Leclerc reveals last-minute issue almost derailed dream Monaco pole positon

Charles Leclerc will aim to make it third time lucky at the 2024 Monaco Grand Prix having failing to...
Max Verstappen in the garage during practice ahead of 2024 Monaco Grand Prix | Getty Images / Red Bull Content Pool

Max Verstappen slams Red Bull ‘go kart’ after painful Monaco GP qualifying

Max Verstappen has revealed the extent of his issues with his Red Bull car left him feeling he was...
Lando Norris during the 2024 Monaco GP | McLaren

‘It shouldn’t happen in F1’ – Lando Norris blasts Monaco for mistake that almost...

Lando Norris lambasted organisers of the 2024 Monaco Grand Prix for a sticker issue that almost dumped him out...
Sergio Perez looks on in qualifying for the 2024 Monaco GP | Mark Thompson/Getty Images / Red Bull Content Pool

Sergio Perez finds scapegoat for ‘completely disastrous’ Monaco GP Q1 exit

Sergio Perez believes he would've reached Q2 if he hadn't encountered traffic on his final Q1 lap, as he...
Lewis Hamilton at the 2024 Monaco Grand Prix | Mercedes / LAT Images

Lewis Hamilton lost for answers after ‘frustrating’ Monaco GP qualifying

Lewis Hamilton expressed his "frustration" with Mercedes' qualifying pace and admitted he was unable to explain their lack of...
Red Bull Team Principal Christian Horner at the 2024 Monaco Grand Prix | Getty Images / Red Bull Content Pool

Christian Horner explains where Red Bull struggled after dismal Monaco GP qualifying

Red Bull boss Christian Horner has conceded their chances of victory at the Formula 1 2024 Monaco Grand Prix...
Charles Leclerc during 2024 Monaco GP during practice | Scuderia Ferrari Press Office

Charles Leclerc denies Verstappen historic pole in breathless Monaco GP qualifying

Charles Leclerc will start the Formula 1 2024 Monaco Grand Prix at the front of the grid after the...
Oscar Piastri during the 2024 Monaco GP | McLaren

F1 2024 Monaco GP – Qualifying Results

Ferrari driver Charles Leclerc kept his cool in Qualifying after dominating the weekend so far, and claimed pole position...
- Advertisment -