To get relaxed and rejuvenate the best thing to do is by playing sports. It would not be an exaggeration to state that they are the “Coolest” things on this planet Earth. Sports can be played at any time whenever you like.
And of course, you can even make a splendid career out of it. You just require to show interest and should be willing enough to do hard work to develop your talent and succeed in your chosen sport.
However, this statement is true for most of the sports in the world but not for all sports. Yes, I emphatically say “not for all sports.” There is one extra dimension to some sports and that dimension is “money”. In these sports the major determinant of success is money.
In short, these sports are regarded as the Most Expensive Sports in the World. In order to participate or play in these sports, you should necessarily have access to considerable financial capital. The cost you have to bear for these sports is simply “Huge”. This includes not only equipment cost but also training and insurance costs. It appears as if these sports were developed only for elite class.
So it is nice to know the Most Expensive Sports in the World. However, you should be cautious while making the decision of pursuing any of these sports as they have the potential of emptying your pockets.
Herein, we have compiled a list of 10 Most Expensive Sports in the World. So, this post will give you a thorough idea of the top most expensive sports in the world.
So, let’s move on and witness this remarkable and sparkling presentation of Most Expensive Sports in the World.
Table of Contents
10 World’s Most Expensive Sports
Equestrian is a sport which involves the skill of driving, riding, steeple chasing or vaulting with horses. It is known as one of the most expensive sports which is played by only a few people due to its enormously cost factor. It would be handy to note that the cost of training and maintaining a horse for equestrian sports events can be phenomenal.
That’s not all, it involves the cost of stabling the animal and also the cost of travelling to events. For example, you would be astonished to know that cost of exhibiting a horse on an international circuit can go beyond $200,000 a year. And mind you this does not include the cost of purchasing a horse.
Like Equestrian, Polo is also a highly expensive sport in the world. It has the reputation of being a preferred choice of rich and wealthy class. The sport requires the purchase of elite horses and involves various other costs such as maintenance, training, and travelling costs as well. Moreover, in Polo players are required to own more than one horse and this figure can go up to four horses as they have to substitute tired horses in the course of a game.
Further up, the Polo ponies need a regular exercise and the cost for it can go as high as $2500 per month. While tournament cost can range anywhere between $3,500 to $150,000. Plus if you are a sponsor you should be ready to spend anywhere between $300,000 to $1,000,000. Another noteworthy characteristic of Polo is a high rate of injury to participants so as a player you should anticipate high medical expenses as well.
8. Formula 1
Formula 1 is another very expensive sport. It is an immensely famous sport and basically is a motor racing game in which drivers have to drive their car through different routes. The basic characteristic of this sport is that the drivers who participate in this sport have to own the cars which they drive.
Plus, these cars are among the most expensive sports cars in the world. Even their tires come at a very high cost which is usually more than an average civilian vehicle. Secondly, Formula 1 is an injury prone sport and involves high medical charges as injuries incurred in it are really very serious. Moreover, it takes a huge amount of money to organize this sport. Organizing a single race can cost about $190,000.
Sailing is yet another sport which requires deep pockets. Yes, it is one of the most costliest sports in the world and so participants need to be immensely rich to play this sport. The participants are required to own the boats that they use in this sport, plus all other equipment as well.
You will be astonished to note that a sailing vessel comes at a cost of $100 million. Moreover, the sport takes place only over a few months. So, the participants need to store their boats for rest of the time. This again involves a huge sum of money to make sure that they are in perfect condition and ready to go back again in water.
Pentathlon is yet another very expensive sport as participation in it costs really big amount of money. This is basically because the equipment used in this sport costs very expensive. Plus, the training costs are also very high. So, anybody dreaming of participating in this sport at the highest level should necessarily have big pockets.
Here you should also note that Pentathlon involves five sports so you should be ready to spend money on five sports. These sports are fencing, pistol shooting, running, swimming, and show jumping. Obviously enough, the cost of show jumping is by far the most expensive as it requires you to purchase, train and maintain a horse. Plus, you even have to purchase and do maintenance of guns.
Wingsuiting sport involves flying the human body through the air by using a special jumpsuit known as “wingsuit.” This wingsuit provides a significant increase in the lift so that participants can fly easily. In this sport, the wingsuit is not the most expensive component and comes at a price of $2500.
What really dig holes in your pockets are components such as skydiving lessons, renting a plane, purchasing gear, paying pilot, and also heavy insurance costs. Altogether these costs compile into a big amount of money which prevents most enthusiasts but the elite from participating in this sport.
Bobsledding finds a due mention in this compilation of Most Expensive Sports in the World as this sport requires a huge expenditure. It was introduced in Winter Olympics and was first performed by American star Lolo Jones. It is basically a team sport requiring four players. It requires a lot of sponsorship due to the expensive nature of this sport. Bobsleds come at a cost of $25000 and also involve high training cost as well. More than that, the construction of bobsleds can go as high as millions of dollars.
3. Hot Air Balloon Racing
Hot Air Balloon Racing has recently got much acclaim as a sport. It is one of the most expensive sports in the world. One has to pay nearly $300 for one hour ride on the balloon. Most participants have to own their balloons which come at a huge cost. A hot air balloon can cost about $20,000. Plus participants must be trained and should be well versed with safety measures related to this sport. The cost of training a pilot on these balloons is also high and can be as much as $3000.
2. Ski Jumping
Ski Jumping is a very famous and interesting sport. However, playing this sport is highly expensive and that’s the reason it finds a place in this post on Most Expensive Sports in the World. The equipment cost can be about $2500. Plus the recreational ski jumping is also immensely expensive and can be played only by the elite. For example, a jumper needs to pay $100,000 to go for this ride. More than that, it is an insured sport due to high risk.
1. The Whitianga Festival of Sports
Now the most expensive sport in the world is Whitianga Festival of Speed. It is a very famous sport in New Zealand and is conducted every year. The sport requires a helicopter, boat, and involves ski racing and helicopter racing as well. Owning the equipment used in this sport is hugely expensive and cost millions of dollars. It is recognized as the most expensive sports teams in the world.
Hope you liked this list of 10 Most Expensive Sports in the World. Have you played any of these sports?