The much awaited movie with a Formula One theme, starring Brad Pitt and co-produced by Lewis Hamilton, has gone over budget during production. The production is currently under financial strain since it needs a significant box office hit to break even.
As per sources from Koimoi.com, the picture, which is supposedly titled ‘Apex’ but has not yet been given an official title, has had considerable financial challenges, causing its production expenses to exceed $300 million.
A-list actor Damson Idris plays a retired Formula One driver who mentors a bright young talent in the fictional Apex Grand Prix team, while Brad Pitt plays that role. Kerry Condon and Javier Bardem’s performances add even more flair to the ensemble.
Nevertheless, the unique setting and the glitz of the performers have come at a heavy cost. Although a sizable budget was initially allocated, the real costs skyrocketed since real race vehicles and stringent safety procedures had to be used throughout production. Despite their goal of offering a genuine racing experience, these components have significantly increased the price.
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The financial trajectory of ‘Apex’ experienced further instability as a result of delays resulting from the 2023 Screen Actors Guild and Writers Guild of America strike. The disruptions caused more financial pressure because they not only postponed the filming but also required reshoots of several scenes.
Using modified F2 cars as stand-ins for F1 cars and filming at actual Grand Prix events, like the legendary Silverstone circuit during the British Grand Prix weekend last year, director Joseph Kosinski and screenplay co-writer Ehren Kruger aimed to capture the spirit of Formula One by incorporating real race environments into the narrative.
However, the extravagant outlay has established an enormous break-even threshold. ‘Apex’ has to produce over $100,000 in order to pay for its increased expenses.
