The argument could also be made that delaying construction of the new Ford class of carriers might actually increase the long-term cost of carriers, since the next-generation carrier is designed to reduce crewing requirements by hundreds of personnel, and manpower expenses are the biggest driver of life-cycle costs for aircraft carriers.

FORBES: Despite Budget Woes, The Navy Is Unlikely To Cut Carriers

Teams who exceed the limit - which does not cover some expenses such as driver salaries, fines, and marketing - do not face any fixed penalties, but will have their fate decided by the FIA depending on the degree of their overspend.

BBC: F1 'can survive without Ferrari'

Regardless of how you choose to track your auto expenses, the knowledge you get from doing so will put you in the driver's seat when it comes to figuring out how much your vehicle is costing you to operate and documenting its value when it's time to get rid of it.

CNN: Use your Mac to track your money