Solved

Managing Budget?

Just curious from some higher level players how the budgets work later on.

I've expressed concern that in some ways this game reminds me of Top 11, where my team had billions of dollars and I never once had an issue balancing a budget. I love the game so far, and it's only season 1, but I have this concern because I'm 7 races into the season, I've built 3 buildings ... and still have a profit of like 10M. How is this possible?

Does it get more difficult to balance a budget later?

I love sport management games in general but really like the sim aspect of it. I want to be challenged. Struggling to manage a failing Manor team can be just as fun as coasting Mercedes to a one-two finish week after week.

I personally think managing my budget is relatively easy at level 18 when taking into account spending my three tokens each race to get £2.7 million, however as like many experienced managers due to how easy it was on the old game to make a profit I had a lot of cash (£376,330,839) before the new game was released so have had to not worry about budget management as now 11 seasons into new iGP I still have £277,451,910 although that isn't quite representative as I lost 10% moving to a new league. Overall I think I lose about £500,000 each race now however that is completely offset by the tokens I get and can be transferred into cash, this may change though if I were to hire drivers off the market, as my drivers are very cheap as a result of them being YDA drivers also I have a cheap doctor to further help keep costs down.

At higher levels your parts used per race will tend to be higher than you can produce, in addition to be competitive you will probably be replacing engines every race. This means that using tokens for cash isn't always possible.

Like Harley, I also make a loss on each race but I have enough cash from the previous version to make it a non-issue, if I didn't have it then balancing the budget would definitely be something of a challenge at level 16.

Cool - thanks. Was just curious

I'm losing money at levels 12, 13, & 14

Money management is not too difficult in iGP.

However, as you go on to be a higher level, costs for higher level staff rise too.
Recently, I kept two experienced drivers on my team until I was ready to use two drivers picked up from my Young Drivers Academy.
Those two experienced drivers were a huge drain on my finances, at $1.1 million per race for each driver.

I also like to play it risky with Sponsors, going for low income and high bonuses as the payout is high.
When I don't do well, I stand to lose out on $3.6 million in bonuses. Those bonuses help cancel out how much I pay in total wages, at $3.5 million per race.

Cash in the bank can quickly dwindle when spending tokens to accelerate construction and then using money to begin new upgrades. I would err on the side of making a profit or being only ever slightly less per race than spend cash and tokens wildly.

there used to be an option to pick low budget staff with very low salary, but can't seem to find it

That was the auto-sign option in the old format of iGP. The current option is to let contracts expire and not hire any new staff or use a level 1 account to find level 1 staff and send the link of the low budget staff to the primary account. The second option is the cheapest.

what happens when you run out of money. 2 more races and im gunna be broke.

As far as I've experienced your balance goes negative and you can't upgrade HQ or hire new staff/drivers without having the asked funds but else your team keeps going.

I hope you already chose the best 3 token main sponsor. You can use those token, among other usefull things, for an investment of nice fresh money.

Thanks for you reply Daniel. Yes I've got the best 3 token sponsor, I think my driver and staff salaries are to high and my sponsors target keeps expecting me to finish 2nd or above. And I'm more of a P6 P7 team at the moment.