Following this morning’s release of the trailer for the big-budget “F1” film, producer Jerry Bruckheimer has given an interview that aims to clear up some misconceptions about the movie. The film marks a behind-the-scenes reunion of multiple talents from “Top Gun: Maverick” including director Joseph Kosinski, screenwriter Ehren Kruger, and several producers including Bruckheimer. However a lot of the chatter about the film has been about the expense of making it.
F1 is a sport for the uber-rich and the film is being done in partnership with Formula 1 and its ten teams. Last year’s strikes played havoc with the film’s scheduling and reports suggested some reshoots were required due to time-related sponsorship issues. Reports also indicated that the film’s budget has swollen to around $300 million.
Talking with , Bruckheimer disputes that budgetary figure, saying it is costing considerably less thanks to tax rebates and sponsorship tie-ins to the sport itself: “It’s completely, unfortunately, tens of millions of dollars out of whack in the wrong direction, and in the right direction for us. What people don’t realize is, first of all, we’re shooting in rebate [locations], England has a big rebate, lots of Europe has rebates and so does Abu Dhabi. It all lowers the budget.
Plus, we’ve raised more money for our car [through sponsorship] than some Formula 1 teams. You take that all into consideration and it really drops that number quite a bit lower than w.
