A normal motorbike cost maximum $125,000 to $300,000 based on it’s specification and capabilities. The racing bike that your favorite motogp riders, use cost round about $1 million to $2.5 million. The bikes were insured, because single accident in motogp racing cost between $20,000 to $50,000 reported in 2018 by (TSM Sportz). MotoGP bike cost based on it’s built up price.
A big budget required to run a motogp team because at the end of the season staff salaries, mechanics, and riders salaries with bonus needs to pay. A reported revealed in year 2019, they reported that (€10 million) minimum required to run a team and maximum can be increased based need of staff and other crew members.
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MotoGP
Bike Cost in 2020 |
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Specification |
MotoGP (1000 cc) |
Moto2 (650 cc) |
Moto3 (250 cc) |
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Built-up cost |
$4 million |
$750,000 |
$500,000 |
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Engine Parts cost |
$425,000 |
$150,000 |
$100,000 |
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Valuable Parts |
$25,000 |
$10,000 |
Not reported |
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Tires |
$15,000 |
$7,500 |
$7,500 |
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Accident Cost |
$25,000 – $100,000 |
$10,000 – $50,000 |
$25,000 |
MotoGP Engine Cost ($425,000): It depends on the team how much they want to spend before the race season. There are rules and regulations regarding to upgrade of motogp bike cost. Teams with big budget put the best features and parts to their bike engines that will cost them ($500,000) maximum, according (MotoGP Blog) report in 2019. The teams with low budget spend $250,000 to $300,000 maximum on their bike engine upgrading.
MotoGP Valuable Parts ($25,000) : The weight difference in bikes played important role in Balancing of bike on the motogp tracks. The three main material used (titanium, magnesium and carbon fiber) for the production parts that were later used on engine and body of the bike. Carbon fiber price reported in year 2018 ($10).
MotoGP Tires ($15,000): A set of pairs wet, dry and hard tires required before the race and many motorsports bike sources reported that in each race MotoGP bike team used new set of tires that will cost them ($15,000) maximum. Mostl racing teams signed with endorsement deals with tires companies that will help them to maintain their yearly budget in limited amount.
MotoGP Accidental Cost ($25,000 – $100,000) : The accidental cost based on the condition of bike, how much it effect during the race. In 2019, a source revealed, maximum bike cost ($25,000) if the engine parts were damaged during the race but if the body also damage alongside it it will cost ($100,000), according to (crunchysports) data.
The above information based on MotoGP bike cost gathered from trusted sources. In year 2017, a source revealed that Moto2 teams prize money that later used in bikes upgrading.If any changes made to the financial data of MotoGP bikes in future details updated here later.