🏎️ Budget Like an F1 Team | How Formula 1 Cost Caps Teach Smarter Spending for Race Programs & Small Businesses

What can Formula 1's cost caps teach us about financial discipline, innovation, and building high-performance teams — even on a tight budget? More than you think.

In this episode of Full Throttle Finance™, we break down how top-tier motorsport organizations manage millions under strict financial regulations and translate those lessons into practical, real-world strategies for grassroots race programs, small business owners, and entrepreneurs.

We cover:

✅ What F1 cost caps really are (and why they matter)

✅ How financial limits actually drive innovation and efficiency ✅ Real examples from Drive to Survive and Pressure to Rise ✅ Practical steps you can use TODAY to get your finances on track

Whether you're running a small race team, managing a business with limited resources, or just want to learn how to make smarter financial decisions under pressure, this episode is packed with value.

🎯 Key topics include:

🤘Prioritizing spending for maximum ROI

🤘Creating innovation through constraint

🤘Data-driven budgeting and performance tracking

🤘Aligning your team around clear financial goals

🤘Managing morale and communication when the stakes are high

🎧 Listen now — and learn how to think like an F1 strategist when managing your own budget.

💻 Want more tools to take control of your race program’s finances? Check out our Revving Up for Financial Success course → https://fullthrottlefinance.mykajabi.com/offers/FFjAGD8L/checkout

🎧 Full Throttle Finance™ | Episode 10 — “Pressure to Survive”

The financial game of motorsport racing is changing — and Netflix is leading the charge.

In this episode, Felicia (CEO of Clean Bee Consulting) and Allison (Senior Bookkeeper) break down how shows like Drive to Survive (Formula 1) and Pressure to Rise (MotoAmerica) are more than just entertainment — they’re revenue-generating machines.

We dive into:
🏁 How Drive to Survive completely transformed F1’s U.S. popularity and financial success
🏁 The trickle-down effect of major media exposure on teams, sponsors, and host cities (including wild stories from the inaugural Las Vegas GP)
🏁 Why MotoAmerica’s Pressure to Rise is following a similar playbook — and where it still has room to grow
🏁 What grassroots teams, race programs, and athletes can learn from these productions to attract sponsors and build fan loyalty
🏁 PLUS: How the NHL is using the same strategy with Face Off: Inside the NHL on Amazon Prime

If you’re trying to grow your race program, build sponsorship relationships, and market yourself or your team better — this episode is for you.

🚀 Learn more about our services for motorsport professionals: cleanbeeconsulting.com/fullthrottlefinance

✅ Subscribe so you never miss an episode — we drop new episodes every Friday!

#FullThrottleFinance #DriveToSurvive #PressureToRise #F1 #MotoAmerica #MotorsportMarketing #SponsorshipStrategy #RacingFinance #LasVegasGP #AthleteBranding #ContentStrategy

CEO Felicia takes a moment to reflect on how strategic pitstops (breaks) in business can be pivotal for growth & success.

Join us for another episode of Full Throttle Finance™️ as we dive into the aspects of budgeting and cash flow management for race teams, athletes, and entrepreneurs. Discover why careful planning is essential, learn how to navigate upfront sponsorship money, and find out practical steps to maximize every dollar. We’ll discuss building a detailed budget, conducting regular financial reviews, and managing the inevitable peaks and valleys in spending—all while keeping your ultimate performance goals in sight.

Topics Covered:

📃Crafting a comprehensive, season-long budget

💸Strategies for handling upfront sponsorship funds

📊Importance of regular financial reviews and adjustments

🗻Managing spending peaks and valleys for optimal performance

🛣️Aligning your financial plan with on-track and business objectives

Don't miss an episode, subscribe and join us every Friday. Remember to like, share, and subscribe, we will see you next time. 👊✊

Today on Full Throttle Finance™️ we talk about the potential private equity purchase of the iconic Willow Springs International Raceway Complex in Rosamond, California. In this episode, we cover the history of the raceway, the significance of its sale, and the prospects of its new ownership by Cross Harbor Capital Partners. We also discuss the implications of private equity on such historic landmarks and speculate on potential future developments that could enhance the facility while preserving its legacy. Catch us every Friday as we break down complex financial topics with a motorsport twist. Please like, subscribe, comment, leave a review, every tiny little bit helps. ☀️

In this episode of Full Throttle Finance™️, we’re heading to Daytona Bike Week🏍️, home of the legendary Daytona 200 motorcycle race. We’ll explore the rich history behind this endurance showdown, the broad range of manufacturers competing, and how this massive event revs up the local economy with a staggering $75 million in revenue🫰. Discover how small businesses handle the unique operational challenges and why smart financial planning is crucial to ride the wave of big-event success.

Gear up and join us for this exciting episode, we had so much fun talking about the 200 this week. We really hope you enjoy this break from finances to talk about something as exciting as the Daytona 200

Like, subscribe, comment, and tune in every Friday for our latest podcast episode, we truly appreciate everyone who takes the time to watch our podcast! 💞✌️

CEO Felicia discusses the parallels between endurance racing & entrepreneurship.

In this episode of Full Throttle Finance™️, we explore how regular financial reviews can keep your businesses on track for sustainable growth. We’ll show you why monthly and quarterly check-ins are critical for managing cash flow, spotting new opportunities, and preventing potential pitfalls. You’ll also learn about key bookkeeping tasks, like categorizing transactions and reconciling accounts, and discover the workflow strategies we use to keep our clients running smoothly.

Plus, check out “Revving Up for Financial Success,” a course specially designed for motorsport enthusiasts looking to turbocharge their business finances.

Please like subscribe and join us next week as we continue to break down complex financial topics with a motorsport twist 👊✊💨

CEO Felicia outlines the conversation she’d have with her younger self if given the opportunity to sit down for a coffee chat.

Rev up your finances this Valentine’s Day with Felicia and Allison from Full Throttle Finance™️! In this episode, we break down essential budgeting tips for race teams, focusing on how to plan for race season expenses using the Profit First method. Learn strategies to manage both the expected and unexpected costs of racing, strengthen sponsorship relationships, and stay financially secure all season long.💸

Plus, discover how our comprehensive course, Revving Up for Financial Success, pairs seamlessly with your budgeting process, offering hands-on resources tailored to the financial demands of the motorsport industry. Whether you’re a seasoned racer or just getting started, our course and these tips will help keep your team on track, both on and off the raceway.

Don’t forget to like, subscribe, and share for more finance tips with a motorsport twist! 👊✊💨 We will see you next Friday!

CEO Felicia discusses the Full Throttle Finance™️ concept of shifting the mindset around the way we approach negative situations. She discusses a unique perspective on how we view or tackle ‘hard’ things.

Episode 6 of Full Throttle Finance™️ is live across all major streaming platforms! This week, we’re shifting gears from finance talk to something just as important, building strong leadership skills. Inspired by "Formula X" by Jurrian Kamer, we discuss how effective leaders harness the strengths of diverse thinkers to drive success. If you lead a team, especially one with big personalities and different problem-solving styles, this episode (and book!) is a must.📚

Words from CEO, Felicia, who talks about the chaos that comes along with the month of January in the accounting world.

Welcome back to the Full Throttle Finance™ podcast!
In this episode, we’re shifting gears to break down the key differences between cash and accrual basis accounting. We’ll take you through the pros and cons of each method, helping you determine which financial approach keeps your business running smoothly, whether you’re a solo freelancer, a growing race team, or an established business. We’ll also explore the benefits of a hybrid approach and how it might be the perfect tuning adjustment for certain businesses.

Tune in for valuable insights, practical examples, and expert advice to keep your financial engine running at peak performance!

As we ride into another year, it’s time to accelerate our focus on financial tidiness. 🌄The end of January marks a pivotal time for business owners, particularly those who DIY their financial tracking. We are your pit crew on this journey, and we are here to provide tips and tricks and tricks to help you stay ahead.

For business owners, January may feel like a high-speed chase🏍️💨, juggling end-of-year tasks and gearing up for new goals, trust us we felt the same way. Get your bookkeeping running efficiently by categorizing transactions and reconciling accounts. Ensure your Q4 tax payments are completed, or you will have some homework after this podcast.

A special focus for this podcast involves understanding tax forms like the 1099 and W-2. These forms, essential parts of your fiscal toolkit🔧, ensure your team’s earnings are correctly reported and help avoid potential financial crashes with the IRS. Remember, accurate classification of employees versus independent contractors isn’t just a suggestion; it’s a rule of the financial road.🛣️

Starting 2025, set new goals that align with your previous experiences, much like tuning your bike after each practice session for optimal performance. Taking care of these “admin laps” might seem tedious, but they’re crucial maintenance to fuel a successful, penalty-free year.

Use this time to switch gears⚙️, gather speed through your new year ambitions, and remember: it's okay to call in reinforcements. Whether you rely on your team or external experts like us, reach for support and keep that throttle open for a smooth and successful 2025.

Use this button here to check out our course 👇Revving Up for Financial Success

In this episode of Full Throttle Finance™️, we introduce our new educational course (which is live on our website), 'Revving Up for Financial Success,' designed specifically for professionals in the motorsports industry.📚 We discuss the course content, including fundamental financial concepts, best practices, and advanced topics like budgeting and forecasting. The episode also touches on the importance of shifting mindsets, creating strong financial workflows, and practical tips for DIY enthusiasts. Tune in to learn how this course can help you make small but impactful changes to improve your financial performance. 👊✊💨

Tune in every Friday as we continue to break down finance with a motorsport twist. Whether you’re DIY-ing your finances or considering professional support, Full Throttle Finance has the resources to help you drive better financial performance.🏍️💨

Real words, real thoughts from CEO Felicia regarding the release of our very first educational course now available for enrollment! 👊✊💨

This week’s episode of Full Throttle Finance™️ kicks off with something personal, our journeys into the world of motorcycles. Felicia and Allison share how they each found their way into the fast-paced world of motorsports and what fuels their passion for the industry. It’s a behind-the-scenes glimpse into what drives your hosts to bring financial insights to the track and beyond.🏍️🛣️

We also touched on an exciting milestone for Full Throttle Finance™️ securing our trademark. This isn’t just a legal step; it’s a testament to our commitment to originality and ensuring we deliver unique and valuable content tailored just for you. From the podcast to our broader mission, we’re dedicated to standing out while staying true to our roots.

Lastly, we want to thank all of you, our listeners, supporters, and community.💞 Your encouragement means everything to us as we continue to grow and rev up conversations about financial literacy and motorsports.

Don’t forget to tune in every Friday for more insights about finance with a motorsport twist👊✊💨. Next week, we have a huge surprise for you, something educational that you can take home. Please join us next week to learn about the course that we are putting out!

🏁 Join Felicia & Allison in the inaugural episode of Full Throttle Finance™️, a podcast designed to break down complex financial topics into engaging, relatable discussions. This episode covers their professional backgrounds, the journey of creating Clean Bee Consulting from scratch, & how they support clients across various industries, including motorsports. Learn about their unique approach to consulting & how they help clients achieve financial success through reverse engineering & strategic planning.
 
Tune in every Friday for more insights about finance with a motorsport twist👊✊💨 In episode 2, they'll talk more about Full Throttle Finance & swap stories about how they each got into motorcycles (which is a surprise for all parties!) See ya next week👊

Pinch me, I'm dreaming 🥹

2024 will always be a year that I remember. It wasn't all rainbows - actually quite the opposite. None of these successes would've ever transpired had I not gone through the toughest reality check of my life.

I went all in on myself, created Clean Bee Consulting from nothing, & ran with it. 8 months later, we're a full-time firm of 2 that are bringing some amazing things to life in 2025 through our Full Throttle Finance™️program.

As the year comes to a close, I want to take a moment to celebrate some of our accomplishments - I am super proud of this list!