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Luxury Virtual Vehicles

The Formula 1 High End Racing Car Simulator Costs More Than the Real Thing

— November 6, 2012 — Autos
The Formula 1 High End Racing Car Simulator is a full-size replica of the real thing. Interestingly enough, it is actually more expensive than a genuine F1 car, ringing in at £89,999.89 (about $120,000). Of course, as a simulator it doesn't expect to get itself into any scrapes, unlike real F1 racing cars, which appear to crash more often than not.

Created by FMCG International, the Formula 1 High End Racing Car Simulator is designed to look and feel just like the real thing, right down to the genuine F1 car tires and brakes. The ultimate present for that loved one who has always wanted to be a race car driver, it comes in red, silver or black. Available at Costco UK, the price includes setup, delivery and training.
Trend Themes
1. Virtual Reality Racing - Virtual reality technology is providing luxury experiences for auto enthusiasts with high-end racing car simulators that look and feel like a real Formula 1 car, opening up opportunities for immersive event-themed experiences.
2. Digital Twins of High-end Vehicles - The creation of digital twins of high-end vehicles is opening opportunities for companies to provide immersive experiences, replicating the look, feel, and sensation of driving luxury vehicles at a lower cost than the original car.
3. Luxury Life Simulation - The creation of luxury virtual vehicles is part of a larger trend towards sophisticated life simulations where people want to experience high-end activities and materials without the expense, opening up opportunities for companies to create other virtual luxury experiences.
Industry Implications
1. Automotive - Automobile manufacturers can take advantage of virtual racing with high-end car simulators as a means to showcase their luxury vehicles and increase consumer engagement through immersive experiences.
2. Gaming - Gaming industry professionals can leverage the demand for realistic racing experiences with high-end simulators for e-sports and virtual reality gaming.
3. Retail - Retailers can explore the use of virtual reality technology in simulating luxury experiences for consumers, increasing engagement and ultimately driving sales.
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