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Brad Pitt's Untitled F1 Film To Have A Budget Over 300 Million Dollars

An Untitled F1 Movie, starring Brad Pitt and being directed by Joseph Kosinski, has a budget that has already surpassed 300 million dollars, making it one of the most expensive movies ever made, said the official ESPN F1 X account.

The movie began production in July 2023 by Apple Studios. Not many details about the movie have been set in stone yet, even including the name. Still, some notes about the plot are available thanks to an interview Brad Pitt did with Sky Sports.

F1 Film Budget 300 Million

"I would be a guy who raced in the 90s... In fact, I would have been on the track with you," Brad Pitt said to interviewer and former British racing champion Martin Brundle. "He has a horrible crash, craps out and disappears, then he's racing in other disciplines. His friend, played by Javier Bardem, he's a team owner, contacts him. They're a last place team, they're 21-22 on the grid, they've never scored a point. But they have a young phenom, played by Damson Idris, and they bring me in as kind of a Hail Mary and hijinks ensue."

There are multiple factors, though, that may have caused the budget of the movie to rise up, as reported by Racing News 365. For one, the movie uses actual Formula 1 racing cars. According to the F1 Chronicle, the cost of making an F1 car can be around 10-15 million dollars, and the maintenance required for the car to run a race can run anywhere between one to five million dollars too.

There was also the issue of the SAG-AFTRA strike where many actors refused to work for several months unless certain demands were met. These demands included better compensation and contractual protection against the use of Artificial Intelligence in future creative endeavours.

The strike lasted 118 days, only ending in late 2023 and causing many delays in the shooting of the film.

The movie's current budget would put it as the 12th most expensive movie in the world, a four-way tie between 'Pirates of the Caribbean: At World's End', 'Justice League (2017)', and 'Star Wars: The Last Jedi'. Depending on how much longer filming takes, though, the movie may start ending the top ten most expensive films. Maybe even the top five.

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