Motor Racing: Australian F1 Grand Prix

After some hiccups and cancellations over the past 2 years, motor racing fans will once again be treated to a local spectacular with the return of the Australian F1 Grand Prix to Melbourne locked into the traditional timing, early in the race schedule. Two rounds of the Formula One 2022 season have been completed – in Bahrain and Saudi Arabia, and now all eyes turn to this weekend, 7-10 April, at Albert Park in Melbourne, Victoria.

For motor racing fans the F1 Grand Prix circuit is the pinnacle of motor sport. The ultimate performance of engines, teams and drivers. For many fans, the racing can ignite a passion for these amazing machines and spark more than a little interest in owning a vehicle from one of the famous motor manufacturers represented on track.

For both fans and potential buyers, we cover off on what’s in store at the Australian F1 Grand Prix and what cheap motor vehicle finance options are available to purchase a Ferrari, McLaren or Mercedes sports car.

Australian F1 Grand Prix

The third round of the Formula One season will be at Albert Park in Melbourne over 4 days, Thursday 7th through to Sunday 10th April. The event includes an amazing line-up of motor racing and entertainment with fun and interest for fans and families.

On the track, in addition to the drawcard race, the schedule also includes rounds of Australia’s favourite Supercars, the Carrera Cup and S5000 races. Around the ground, visitors can take in exhibitions, Fan Zone, entertainment, hospitality and plenty of other attractions.

Tickets are available so why not get organised and get along to rev up your spirits.

The schedule covers four days:

  • Thursday on track action includes Supercars, Historic Demos, Carrera Cup, RAAF Roulettes, S5000 and the Ultimate Speed Comparison.
  • Friday and Saturday include practice sessions for the F1 teams and support races.
  • Saturday is Qualifying for grid positions.
  • Sunday will start with support races and the main event starts at 3pm Melbourne time.

The Contenders: Current Standings

Australian drivers have had mixed fortunes when appearing in home GPs, and local hero, Dan Ricciardo was recently quoted as saying it is a nervous time. After the first two races of the season including a DNF in Saudi Arabia, Daniel Ricciardo in his McLaren Mercedes is languishing towards bottom of the standings. But be comforted. Multiple champion Lewis Hamilton has just one point and is only in 10th position. So early days.

Max Verstappen from Red Bull is in first place in the overall standings, followed by the Ferrari drivers of Charles LeClerc and Carlos Sainz. Ferrari lead the teams standings.

While many will be hoping for a Ricciardo win or at least a podium, it’s likely the unpredictable Melbourne may have its usual influence on the race.

Inspired to Buy?

Becoming a race car driver is not within the possibilities for most, but you can experience the thrill of driving a high performance sports car with your own Ferrari, McLaren, Mercedes or Lamborghini. While availability is likely to be impacted by the issues affecting many motor vehicle brands, there are some exciting models for sports car buyers to consider.

Ferrari is considered the ultimate in Italian style, engineering excellence and performance. Check out your local dealership for models such as F8 Tributo, 812 GTS, Roma or convertible Spider.

The McLaren name is synonymous with motor racing and fast cars. The range of McLaren models is quite extensive and includes GT, Supercars models and others. Check out your local dealer for availability.

Mercedes is also a familiar F1 brand and while the racing cars are a far cry from what we see on Australian roads, the Mercedes-Benz brand is a highly accessible brand with a great range of SUVs, sedans, coupes and sports car on the Australian market.

Sports Car Finance

If you’re in the market for a sports car such as a Ferrari, Lamborghini or McLaren then you are talking top of the price range. To bring the purchase price into a more affordable range, sourcing the cheapest sports car finance may be a priority.

As we do with finance on all types of motor vehicles, Jade Car Loans provides cheap car interest rates for the purchase of high-end sports cars.

The types of loans available include:

  • Secured Car Loan for private buyers.
  • For business buyers the selection includes Leasing, Chattel Mortgage and Hire Purchase.

For an indication of what estimated repayments may be, refer to our Interest Rate Comparison and use our Car Loan Calculator to work up how you may like your sports car finance structured. Business buyers can look to varying the balloon/residual to achieve a workable monthly repayment.

With the current cheap interest rate climate, owning that sports car may be a more accessible option than you think.

For more information on sports car finance call Jade Car Loans on 1300 000 003 or apply online

DISCLAIMER: IN REGARD TO MISREPRESENTATIONS AND ERRORS CONTAINED IN THE MATERIAL AS PRESENTED, LIABILITY IS NOT ACCEPTED. THE DETAILS AND CONTENT IS PROVIDED FOR CAR BUYERS AND INDIVIDUALS AND BUSINESS SEEKING FINANCE PURELY AS GENERAL INFORMATION. THIS IS NOT PROVIDED AS THE ONLY SOURCE OF FINANCIAL INFORMATION. ANYONE THAT CONSIDERS THAT NEED FINANCIAL ADVICE ABOUT THEIR SPECIFIC REQUIREMENTS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.