1. The Whitianga Festival of Speed
If there was ever a sport/sporting festival designed to burn holes in everyone’s pockets, it’s the Whitianga Festival of Sports. This event is held annually in New Zealand and involves helicopter racing, car racing, powerboat racing, jet ski racing, and parachute swooping. All of them reeks of one thing (besides fuel), money. We don’t need to get into the logistics to figure out that this sport is mainly aimed at the one-percenters,
making it the most expensive sport in the world. If there was ever a sport/sporting festival designed to burn holes in everyone’s pockets, it’s the Whitianga Festival of Sports. This event is held annually in New Zealand and involves helicopter racing, car racing, powerboat racing, jet ski racing, and parachute swooping. All of them reeks of one thing (besides fuel), money. We don’t need to get into the logistics to figure out that this sport is mainly aimed at the one-percenters, making it the most expensive sport in the world. If there was ever a sport/sporting festival designed to burn holes in everyone’s pockets, it’s the Whitianga Festival of Sports. This event is held annually in New Zealand and involves helicopter racing, car racing, powerboat racing, jet ski racing, and parachute swooping. All of them reeks of one thing (besides fuel), money. We don’t need to get into the logistics to figure out that this sport is mainly aimed at the one-percenters, making it the most expensive sport in the world.
2. Formula 1
Yes, cars can be cheap if you search patiently and diligently for the right deal. That rule doesn’t apply to Formula 1 cars. Each Formula 1 car may cost over $1 million. Even if you want to drive someone else’s car, you will still need to bring your own sponsors with deep pockets. Sometimes, the minimum sponsorship requirement can be as high as $190,000. Oh, and these Formula 1 car are extremely fragile as well. So the insurance premiums on the cars are going to be astronomical. There’s no wonder that this sport zooms right up to the top of the most expensive sports in the world list.
3. Sailing
There was a time when humans just tied bamboo stems with ropes and sailed all over the seas. However, that time is long gone, and modern-day sailing is one of the most expensive sports globally. You will need a sailboat to sail, and most of them cost more than the most expensive supercars. Maintaining the sailboats is also very expensive, so is paying the crew to run it. Oh, and if you forgot, the sailboat needs to be stored on dry land when competition season is off. Good luck building a hangar for it.
4. Polo
Polo is a horseback ball game, a traditional field sport, and one of the world's oldest known team sports. Two opposing teams play the game with the objective of scoring using a long-handled wooden mallet to hit a small hard ball through the opposing team's goal. Each team has four mounted riders, and the game usually lasts one to two hours, divided into periods called chukkas or "chukkers."
Polo has been called "the sport of kings" and has become a spectator sport for equestrians and high society, often supported by sponsorship. The concept of the game and its variants date back from the 6th century BC to the 1st century AD, originated from equestrian games played by nomadic Iranian and Turkic peoples.
5. Equestrian
This sport needs you to buy, train and maintain a thoroughbred horse (costing as much as $200,000 a year). Of course, it’s going to be on the most expensive sports in the world list. This sport is mainly for the rich and snooty, which don’t even breathe air that doesn’t smell like money.
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