Budget efficiency performance in Formula 1

Fil: Afflitto, Pedro. Universidad de San Andrés. Departamento de Economía; Argentina.

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Autor principal: Afflitto, Pedro
Otros Autores: Ertola Navajas, Gabriela
Formato: Tesis Tesis de grado updatedVersion
Lenguaje:Inglés
Publicado: Universidad de San Andrés. Departamento de Economía 2022
Acceso en línea:http://hdl.handle.net/10908/22386
Aporte de:
Repositorio Digital - Universidad de San Andrés (UdeSa) de Universidad de San Andrés
id I37-R143-10908-22386
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spelling I37-R143-10908-223862025-01-20T15:23:38Z Budget efficiency performance in Formula 1 Afflitto, Pedro Ertola Navajas, Gabriela Fil: Afflitto, Pedro. Universidad de San Andrés. Departamento de Economía; Argentina. This study will assess the efficiency of different F1 teams -or Constructors- based on their budget and points obtained during a racing season. A Data Envelopment Model (DEA) is used to measure each team's efficiency relative to each other. Teams or decision making units -as defined by the model- that lie on the efficient frontier are deemed efficient. We have conducted our analysis using data from 2008 to 2020 for a total of thirteen years. Most teams are inefficient, not only relative to each other but to their scale efficiency. The model also suggests projected budgets based on each constructor´s performance so that they may achieve the same result more efficiently. We will discuss the feasibility of these projections providing a variety of possible solutions and strategies taking into consideration Formula 1's current context and a detailed breakdown of a Constructor's cost. 2022-09-29T20:39:23Z 2022-09-29T20:39:23Z 2022-07 Tesis info:eu-repo/semantics/bachelorThesis info:ar-repo/semantics/tesis de grado info:eu-repo/semantics/updatedVersion Afflitto, P. (2022). Budget efficiency performance in Formula 1. [Tesis de grado, Universidad de San Andrés. Departamento de Economía]. Repositorio Digital San Andrés. http://hdl.handle.net/10908/22386 http://hdl.handle.net/10908/22386 eng info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf application/pdf Universidad de San Andrés. Departamento de Economía
institution Universidad de San Andrés
institution_str I-37
repository_str R-143
collection Repositorio Digital - Universidad de San Andrés (UdeSa)
language Inglés
description Fil: Afflitto, Pedro. Universidad de San Andrés. Departamento de Economía; Argentina.
author2 Ertola Navajas, Gabriela
author_facet Ertola Navajas, Gabriela
Afflitto, Pedro
format Tesis
Tesis de grado
Tesis de grado
updatedVersion
author Afflitto, Pedro
spellingShingle Afflitto, Pedro
Budget efficiency performance in Formula 1
author_sort Afflitto, Pedro
title Budget efficiency performance in Formula 1
title_short Budget efficiency performance in Formula 1
title_full Budget efficiency performance in Formula 1
title_fullStr Budget efficiency performance in Formula 1
title_full_unstemmed Budget efficiency performance in Formula 1
title_sort budget efficiency performance in formula 1
publisher Universidad de San Andrés. Departamento de Economía
publishDate 2022
url http://hdl.handle.net/10908/22386
work_keys_str_mv AT afflittopedro budgetefficiencyperformanceinformula1
_version_ 1824439088117186560

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