1) Pick 5 drivers. You cannot have more than 2 drivers from any category.
2) Pick a chassis and an engine. For our purposes, engine = the team, so Sauber carries a Sauber engine, Toro Rosso carries a Toro Rosso, etc.
3) Pick either a full season or half-season sponsorship. Full season costs $10 million; half season only costs $6 million but you have to renew it mid season, so your total cost is higher.
4) Total cost cannot exceed $50 million
For the complete ruleset, go here
Category 1 : 10 million
Sebastian Vettel, Fernando Alonso, Kimi Raikkonen
Category 2 : 8 million
Lewis Hamilton, Jenson Button, Mark Webber, Felipe Massa
Category 3 : 6 million
Romain Grosjean, Nico Rosberg, Sergio Perez
Category 4: 5 million
Nico Hulkenberg, Pastor Maldonado, Paul Di Resta
Category 5 : 3 million
Esteban Gutierrez, Daniel Ricciardo, Jean-Eric Vergne
Category 6 : 2 million
Charles Pic, Valtteri Bottas, FORCE INDIA 2
Category 7 : 1 million
Max Chilton, Luiz Razia, Giedo Van Der Garde