These sports have the potential to burn a hole in your pocket

The following sports are all about access. If you want to pursue any of these, be warned, they have the potential to burn a hole in your pocket:

Equestrian:

Equestrian is a sport of the elite. The costs of training and maintaining a horse for the events can be astronomical and include traveling to various events. The cost of exhibiting a horse on the international circuit can exceed $2,00,000 a year

Hot Air Balloon Racing:

A one-hour ride on a hot air balloon means that an individual would pay upwards of $300 for it. A one person hot air balloon costs at least $20,000 to buy. Training for a pilot’s licence can cost anywhere between $1,250 and $3,000

Wingsuiting:

Wingsuiting is the sport of flying the human body through the air using a special jumpsuit called a wingsuit. The wingsuit costs about $2,500. One has to take skydiving lessons, purchase gear, rent a plane, pay a pilot and also pay insurance. Recreational wingsuiting can cost up to $30,000 a year

Ski Jumping:

Competitive ski jumping can be exponentially pricey. The equipment will cost around $2,500. Expenses range around $1,00,000 every year and call for a bevy of sponsors. One also needs to have an insurance policy ready

Bobsledding:

Similar to F1, bobsledding requires corporate sponsorships. The bobsleds themselves cost around $25,000. Constructing a bobsled run can cost millions of dollars. Bobsledding is a team sport and requires four participants and hence four times the cost

Polo:

It requires the purchase of an elite horse and ponies must be exercised regularly and this usually requires two grooms at $2,500 a month. Tournaments can cost anywhere between $3,500 and $1,50,000. To be a patron and sponsor polo teams in tournaments can cost anywhere between $3,00,000 and $1,000,000

Formula 1:

A race costs about $1,90,000 per participant. There is a reason why the cars and athletes look like walking advertisements. The cost of the cars are astronomical and the tyres usually cost more than the average civilian vehicle

SOURCE: THERICHEST, WIKIPEDIA