So you’ve decided this is the year that you will start practicing the sport that can take you to that elevated level of joy but is still thinking about what sporting activity is the one that fills your soul with bliss and happiness? Then you are in luck because our list of the most expensive sports might help you in your decision-making.
Staying fit is something that many people struggle with, and taking on a sport can mean a whole world of good to a person’s overall health, both physically and mentally. The best part about sports is that you stay fit while having fun and in some cases, you even get the chance to showcase your skills.
That said, as much of a positive impact a sport can have and the fact that everyone can be a part of any sport, it is also true that some sports cost an arm and a leg to compete in. Check out the next list containing some of the most expensive sports, perfect for those who don’t mind emptying their bank accounts and often reserved by the very wealthy.
Most Expensive Sports
Sailing requires a sailboat, duh! And if you are the owner of a sailboat, then good for you! If not, be aware that you will have to spend approximately $30k on the deposit for a sailing vessel plus another $2k for monthly costs.
The price of a new 26′ sailboat is roughly $80,000. A used one costs on average $20,000. The price of a new 36′ cruiser is about $150,000. A used one costs roughly $40,000. The annual maintenance cost is between $2,000 – $3,000 for most boats, but the actual total annual cost is $3,000 to $7,000.
Sailing competitions generally take place over a few months, and during the rest of the year, the boat is stored. Such events include the Vice Admiral’s Cup and the Emirates America’s Cup World Series.
A pentathlon is a contest featuring five events. If you want to participate in the Pentathlon, you should be aware that it will cost you big time. We are talking about gear and professional equipment for five different sports, not one, five sports: fencing, swimming, show jumping, pistol shooting, and running.
Showjumping is way more expensive as it requires a horse which you probably can tell is not the same as buying a dog.
It would help if you also contemplated the cost of training with five different coaches as each sport is completely different from the other.
Polo has long been called a rich man’s sport and is also known to be the sport of the royals.
Think of polo as playing hockey while riding a horse. Your first red flag for being an expensive sport should be that this sport involves horses, and horses cost money, as does the rest of the equipment.
Regular care of the ponies can cost $5,000 per month; tournaments can run from $3,500 to $150,000 each, and if you want to sponsor a polo team in a tournament, it can cost between $300,000 and $1,000,000. So as you can see, this is not a cheap sport to participate in.
A player also needs to buy not just one but at least four horses to replace tired horses during play.
Golf may be enjoyed as a recreational activity by millions around the world. But golf is well known for being an expensive sport. Whether you wish to play professionally or tee off for some peace, membership fees at prestigious country clubs can cost you thousands. You’ll also need to keep in mind the golf gear and the fees of caddies.
According to a Golf Channel survey, the median cost for an 18-hole round at a public golf course is $80, including a cart.
Private clubs are costlier, with annual membership dues and additional fees ranging from moderately-priced to six-figure initiation fees.
Wingsuiting, also known as wingsuit flying, is flying through the air using a wingsuit that adds surface area to the human body to enable a significant increase in lift. A wingsuit flight normally ends by deploying a parachute.
The person needs sufficient altitude, and getting into the air is the expensive part. Generally, a person needs to get to a skydiving drop aircraft or BASE-jump exit points such as a tall cliff or a safe mountain top. Skydiving lessons, purchase gear, rent a plane, pay a pilot and also pay insurance. Recreational wing suiting can cost up to $30,000 a year, without including insurance costs.
You probably know Bobsledding from watching winter sports. It involves teams of two or four people steering a sled down an ice-covered track, reaching speeds of more than 135 km/h (84 mph).
Bobsledding requires corporate sponsorship for those who have any hope of participating. The bobsleds themselves are not cheap and cost around $25,000, and it is costly to train, as there are few bobsleds runs in the world and require four participants. Constructing a bobsled run can cost millions of dollars.
You may not think of tennis as an expensive sport since it only involves a racket and a ball; however, it all starts making sense when you think about serious players who need to cover the hefty fee of coaching and international travel, the biggest cost factor. If you really want to progress professionally, you will have to travel around the world all season to compete and build up ranking points.
The expenses include different equipment tennis players need, including racquets, shoes, balls, strings, and tennis court fees.
This is another sport that involves horses, and it means that you’ll have to buy, train, and maintain a thoroughbred horse costing over $350k per year. As you can see, the maintenance of a horse ain’t cheap, and it can reach astronomical and absurd figures. It would help if you also thought about the cost of traveling to events and stabling the animal appropriately.
Equestrianism, more often known as horse riding or horseback riding, refers to the skill and sport of riding, driving, steeplechasing, or vaulting with horses. Horses are trained and ridden for practical working purposes. They are also used in competitive sports, including dressage, endurance riding, eventing, reining, show jumping, tent pegging, vaulting, polo, horse racing, driving, and rodeo.
At first glance, ski jumping does not seem to belong on the most expensive sports list. But don’t be fooled; the yearly expenses that come with ski jumping include skiing equipment, a coach, and a ski jumping slope. You can expect to pay around $100k for everything you need to participate in professional ski jumping. Add to that travel and insurance costs.
Most Expensive Sports-> Formula 1
Formula One requires a ton of money! Not only do you need to own your car, which by the way, costs more than a regular car, but you also need to think about medical costs as Formula 1 drivers can get seriously injured.
But let’s forget about that for a minute and be aware that to enter a Formula 1 race costs approximately $190,000.
Drivers also need to bring their own sponsors, and in some instances, the minimum sponsorship requirement can easily mean over $200k. Basically, you need to have at least a million bucks in your pocket even to consider getting into Formula 1.