According to Motorsport Magazine, Head of Pirelli Motorsport Mario Isola confirmed that each tyre costs €600. Translated to GBP and USD, this figure would be approximately £500 and $625. Using those figures, a set of four F1 tyres would cost an estimated £2000 ($2500).

Seven-time Formula 1 champion Lewis Hamilton paced both of Thursday night’s practices at the Las Vegas Grand Prix just two weeks after one of the worst races of his career

Lewis Hamilton bounced back from his “disaster of a weekend” in Brazil to top practice in Las Vegas, heading a British one-two-three in both sessions, as Mercedes team principal Toto Wolff said he was proud of the way the pair had managed to remain “professional” this season.