Ford reportedly spent $200m a year on its F1 team. The top teams like Ferrari and Mercedes are reportedly spending over $500m / year.
Ford came to a very realistic conclusion: They would have to spend upwards of $400m a year to be competitive in F1. F1 technology has gone so far astray that it has next to nothing to do with production street cars. In terms of the overall car buying public, the # of people who are race fans and make purchase decisions based on F1 race results is so small that the $400m it would take to field a competitive F1 would be better spend elsewhere.
Ford came to a very realistic conclusion: They would have to spend upwards of $400m a year to be competitive in F1. F1 technology has gone so far astray that it has next to nothing to do with production street cars. In terms of the overall car buying public, the # of people who are race fans and make purchase decisions based on F1 race results is so small that the $400m it would take to field a competitive F1 would be better spend elsewhere.