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Rules of game


A team's economic management is a basic aspect to be successful. Possible income comes from the public, sponsors, from TV, from occasional incomes and from interests. The more a team wins, the more supporters will follow it and spend money to secure the seats in stands. Furthermore if a team is successful, also according to the level of his Formula, and if has more copywriters and supporters, the proposals of contract by sponsors will be higher, also according to the compliance with the expectations. Sponsors contact teams when they register and after expiration of stipulated contracts. Starting from Formula 1, the basic offers from sponsors decrease of 10% for each minor Formula. It's at each team's discretion to accept their offers or not. Sponsors' proposals will will concern 4 parts of the car where the most important big names will want to affix their brand. It will be possible to decide whether to receive all the money of a contract in advance without weekly incomes or to receive them distributed weekly. If you decide to receive them immediately, you will have a deduction of 10 % on the total of the agreed amount. The sponsors also establish a penalty, a percentage of the weekly amount actually received by sponsors, if one or both cars don't take part in the race. The percentage of the penalty specified by the sponsor refers to a single car: if both cars don't take part in the race, the percentage of the penalty should therefore be multiplied by 2. Besides sponsors, the largest incomes will come from the public which follows the team directly from stands and from those who follow it at home in front of the TV. In fact a greater percentage of public affiliated to a team will follow the races in front of TV, also according to the compliance with the expectations, paying a subscription to the Grand Prix whose price is due to the championship level to which the team is registered:

I Formula: 30 € per GP
II Formula: 25 € per GP
III Formula: 20 € per GP
IV Formula: 18 € per GP
V Formula: 17 € per GP
VI Formula: 16 € per GP

The minimum amount that the TV companies pay weekly is 30.000 € per Grand Prix. Even Television Companies establish some penalties if one or both cars don't take part in the race: 25 % less of the income from TV Companies for each car of your Team that doesn't take part in the race. For a withdrawal during the race, including the stage immediately after the start, no penalty is applied, neither by the sponsors, nor by television.
In the economy page you have the possibility to put money into the bank. The maximum amount of money you can move appears at the entry "estimated availability". The bank will pay every week a rate of 2.5 % on money which is in the bank, up to a max value of 100.000 € (that means, from 4 million upwards, the income from interests will always remain equal to 100.000 €). When you withdraw the money from the bank you will pay a fixed penalty of 25.000 €. The calculation of interest is visible after economic updating.

After qualifications and races there will be some prizes:

Pole position in qualification:
F1:40.000 €
F2:35.000 €
F3:30.000 €
F4:25.000 €
F5:20.000 €
F6:15.000 €

Lap record in race :
F1:35.000 €
F2:30.000 €
F3:25.000 €
F4:20.000 €
F5:15.000 €
F6:10.000 €

F1:100.000 €86.000 €74.000 €62.000 €52.000 €42.000 €34.000 €26.000 €
F2:90.000 €77.000 €66.000 €55.000 €46.000 €37.000 €30.000 €23.000 €
F3:80.000 €68.000 €58.000 €48.000 €40.000 €32.000 €26.000 €20.000 €
F4:70.000 €59.000 €50.000 €41.000 €34.000 €27.000 €22.000 €17.000 €
F5:60.000 €50.000 €42.000 €34.000 €28.000 €22.000 €18.000 €14.000 €
F6:50.000 €41.000 €34.000 €27.000 €22.000 €17.000 €14.000 €11.000 €

At the end of the season some prizes will be given according to placement in the constructors championship and to drivers' placement in the same world championship:

Constructors' world championship

Formula 14.000K €3.200K €2.600K €2.320K €2.160K €
Formula 22.000K €1.600K €1.300K €1.160K €1.080K €
Formula 31.000K €800K €650K €580K €540K €
Formula 4500K €400K €325K €290K €270K €
Formula 5250K €200K €162,5K €145K €135K €
Formula 6125K €100K €81,25K €72,5k €67,5k €

Formula 12.000K €1.560K €1.440K €1.320K €1.200K €
Formula 21.000K €780K €720K €660K €600K €
Formula 3500K €390K €360K €330K €300K €
Formula 4250K €195K €180K €165K €150K €
Formula 5125K €97,5K €90K €82,5K €75K €
Formula 662,5K €48,75K €45K €41,25K €0 €

Drivers' World Championship

Formula 1200.000 €100.000 €75.000 €40.000 €
Formula 2150.000 €75.000 €50.000 €25.000 €
Formula 3100.000 €50.000 €25.000 €15.000 €
Formula 475.000 €35.000 €20.000 €10.000 €
Formula 570.000 €30.000 €18.000 €9.000 €
Formula 665.000 €25.000 €16.000 €8.000 €

Team failure
You must always keep an eye on your accounts and make sure that they never go under the amount of -350.000 €. In fact, MyGPTeam offers you a loan which is no higher than 350.000 € with a rate of interest of 5 % that you will check in the weekly expenses at the "occasionals" entry after every economic updating. If at the moment of economic updating you find that you are under the amount of -350.000 € you will have a week (till the next weekly updating) to balance your accounts. If you don't manage to resolve your finances, the system will try to draw money from the bank in order to bring your availability to -350.000 €. The needed money consists of 25.000 € (fixed cost for getting money from the bank), plus the amount needed to bring the availability back to -350.000 €, plus the 10% of such a value (variable cost).
For instance, if a user has the current availability equal to -400.000 €, the system will verify if the bank has at least:
  • 25.000 € (fixed cost);
  • 50.000 € needed to bring the availability from -400.000 € to -350.000 €;
  • 5.000 € that are the 10% of such a value.
This means the total amount of money needed to avoid the team failure is 80.000 €.
If this amount is available, the bank will make available the portion of money that goes beyond the allowed overdraft, otherwise you will go bankrupt and you will lose your team.

If you want to make an offer for a component or for a driver you must make sure that the estimated availability added to the present pending offers (both in entrance and in exit) never goes down the amount of -100.000 or you will not allowed to carry out further financial movements. The same concept is valid for the other expenses (such as staff hiring/dismissal, rise in investments, change in the circuit, purchase of engineers) that you are not allowed to do if the financial backing will be not adequate, and if the foreseen expense go under the amount of -200.000 €

Facilitated group
Every week, during the weekly updates, MyGPTeam selects for each Formula the 30% of Teams with less money considering cash, bank and merchandising stocks multiplied by the price of production. These Teams will have some economical benefits for that week.
In order to be included into the facilitated group, the sum of the money present in the cashier and in the bank must be greater than zero.
Here below are shown the benefits:

- private tests cost: 500 € instead of 2.000 €;
- drivers salaries (exclused the saleries offered in the market of free drivers) and engineers’ salaries reduced by 50 % (during the next weekly update);
- components repair costs decreased by 25%. If you sell the component without repairing it, you will pay the 100 % of repair costs;
- a refund for the destruction of a component produced by your labs: the component will be evaluated according to the market value of the PVI for that type of component in the last week transfers.
The update of the market value of the PVI occurs during the weekly update and it is visible on the page of each component.