Formula 3 is often thought of as an expensive category, however this is often misleading.

The Formula 3 Scholarship will offer national-championship racing in Australia's fastest cars at budgets equal to or less than that of National Formula Ford.

The F399-01 and F302-04 Dallara chassis that are elligible to compete in the Forpark Scholarship are plentiful and can be purchased for between $50,000 and $80,000. See the F3 Marketplace on www.formula3.com.au for more information.

Running costs as a privateer / self-run vehicle can cost between $8000 - $10,000 per round depending on costs of crew, consumables, accomodation / transport and the like.

Formula 3 Management can provide a specific rundown of generic running costs for a Formula 3 car for privateer runners - contact us for more information.

Professional teams - including those listed on the Teams Page - charge a flat fee that encompasses their resources and all costs associated with racing. We invite you to contact them to discuss the costs of racing Formula 3 further.