LEGO Formula 1 392-1
LEGO Formula 1 (392-1) is worth about $471 on the secondary market today, against a $76 retail price. It has 197 pieces, belongs to the Hobby Set theme and was released in 1975. This set has retired — LEGO no longer produces it, so supply is fixed and prices are set entirely by the resale market.
- Set number
- 392-1
- Theme
- Hobby Set
- Year
- 1975
- Pieces
- 197
- Minifigures
- 0
- RRP
- $76
- Market value
- $471
- Used value
- $78
- Retirement
- Retired
Formula 1 value by year
From $325 in 2011 to $468 in 2026 so far: +44%. Its highest year was 2026, at $468.
| Year | Value | Change |
|---|---|---|
| 2026 (so far) | $468 | +6.1% |
| 2025 | $441 | +0.4% |
| 2024 | $439 | +0.1% |
| 2023 | $439 | +29.9% |
| 2022 | $338 | −17.4% |
| 2021 | $409 | +1.6% |
| 2020 | $403 | +2.2% |
| 2019 | $394 | +2.2% |
| 2018 | $385 | +2.3% |
| 2017 | $377 | +2.3% |
| 2016 | $368 | +2.4% |
| 2015 | $360 | +2.4% |
| 2014 | $351 | +2.5% |
| 2013 | $342 | +2.6% |
| 2012 | $334 | +2.6% |
| 2011 | $325 | — |
Median of each year's market prices, sealed, in US dollars.
Frequently asked questions
How much is LEGO Formula 1 (392-1) worth?
LEGO Formula 1 is worth approximately $471 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Formula 1 retired?
Yes — Formula 1 (392-1) has been retired by LEGO and is no longer in production. Retired sets have fixed supply, which is why their prices are driven purely by the resale market.
Has LEGO Formula 1 gone up in value?
Yes. Formula 1 launched at $76 and now trades around $471, an increase of 519.1%. See the price history chart for how it got there.
What is the price per piece for Formula 1?
At its $76 retail price across 197 pieces, Formula 1 works out to about $0.386 per piece. Collectors often use price per piece to judge whether a set is good value.
Is LEGO Formula 1 a good investment?
Formula 1 currently trades 519.1% above its $76 retail price, and it is retired, so no new supply is entering the market. Past performance is not a prediction — condition, packaging and how long you hold all affect what a set actually sells for. BrickStats reports the numbers rather than giving investment advice.
Why is LEGO Formula 1 so expensive?
Formula 1 was released in 1975 and has since retired. Once LEGO stops producing a set, the only supply is what is already in circulation, so sealed copies in good condition compete for a shrinking pool of stock. That scarcity, not the parts, is what moves the price.