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What did Formula 1 teams spend in 2016?

According to a report doing the rounds, Ferrari were the biggest spenders in Formula 1 in 2016 overtaking Mercedes as the biggest spenders at the pinnacle of the sport. However a study of expenditure by all the teams also reveals that the smaller outfits spend far more than the grandee teams for the each point they score – with Manor's solitary point costing them an astonishing 100-million, while Mercedes bagged each of their points for less than half a million Euros per point. Ferrari pumped 386-million into their 2016 campaign, but all that money was not enough to earn Sebastian Vettel or Kimi Raikkonen a single victory in the 21 race season. The Maranello outfit finished third...
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