TransportBT: Do racing teams actually make money?
It takes a lot more than money to win a race.
It’s F1 season in Singapore. As the big-league Ferraris and Red Bulls speed past the Marina Bay skyline, we zoom in on the overlooked world of small league motorsport racing.
From grassroots car park rallies in the 80s to Hong Kong superstars and the mega-rich who pay millions to live their childhood racing dreams, we hear the untold stories of motorsport racing.
And we ask the hard-hitting questions, like is it true that most racing teams don’t make money? And why does Sergio Perez still have a job?
Welcome to the debut episode of our newest podcast, TransportBT, where BT correspondent Derryn Wong takes you through the business of moving things around.
To kick things off, Derryn sits down with team manager of Toro Racing and Singapore’s own racing legend Ringo Chong to give you the insider’s take on the business of speed.
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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.
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Written and hosted by: Derryn Wong (derrynwong@sph.com.sg)
With Ringo Chong, team director, Toro Racing
Edited by: Emily Liu & Claressa Monteiro
Produced by: Derryn Wong & Emily Liu
Engineered by: Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
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ABOUT THE PODCAST
BT Correspondents brings together some of The Business Times’ most trusted columnists in a single series. Featuring Mark to Market, WealthBT, TransportBT, and PropertyBT, weekly episodes deliver expert analysis and clear perspectives on stocks, wealth, mobility, and real estate. It is essential listening for professionals who want context, clarity, and depth.
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