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Pegasus 2 Budget

2024DramaComedyAdventure2h 1m

Updated

Budget
$60,000,000
Worldwide Box Office
$466,862,668

Synopsis

A former rally driving champion, now down on his luck, finds new partners to re-enter a famed rally race.

What is the budget of Pegasus 2?

"Pegasus 2," a drama released in 2024, was directed by Han Han and stars Teng Shen, Adam Fan. The production budget was $60,000,000, placing it in the high-budget range for drama productions of its era.

Key Budget Allocation Categories

While specific budget breakdowns are not publicly available, typical cost drivers for a drama production like this include:

  • Above-the-Line Talent: Drama films live or die on the strength of their performances.
  • Location Filming & Period Production Design: Authentic locations , whether contemporary or historical , require scouting, permits, travel, lodging, and often significant dressing to match the story's time period.
  • Post-Production, Color Grading & Score: The editorial process for dramas is typically longer than genre films, with careful attention to pacing and tone.

What were the major cost factors in Pegasus 2?

Several factors contributed to the overall production costs of "Pegasus 2."

  • Above-the-Line Talent: Above-the-Line Talent is one of the primary cost drivers in drama productions of this scale.
  • Location Filming: Location Filming & Period Production Design is one of the primary cost drivers in drama productions of this scale.
  • Post-Production: Post-Production, Color Grading & Score is one of the primary cost drivers in drama productions of this scale.

How Does Pegasus 2's Budget Compare to Similar Films?

At $60,000,000, Pegasus 2 sits in the high-budget range. Here is how it compares to productions with a similar budget:

  • 15 Minutes (2001): Budget $60,000,000, Worldwide Gross $56,359,980
  • Almost Famous (2000): Budget $60,000,000, Worldwide Gross $47,386,287
  • Analyze That (2002): Budget $60,000,000, Worldwide Gross $55,003,135
  • Antz (1998): Budget $60,000,000, Worldwide Gross $171,757,863
  • Cats & Dogs (2001): Budget $60,000,000, Worldwide Gross $200,687,492

The median budget for wide-release drama films in the 2020s ranges from $30 to 80M for mid-budget to $150M+ for tentpoles.

Pegasus 2 Box Office Performance

"Pegasus 2" earned $466,862,668 worldwide at the box office. Against a production budget of $60,000,000, the film performed strongly at the box office.

A film typically needs to earn approximately twice its production budget to cover marketing and distribution costs. For "Pegasus 2," that break-even threshold was roughly $120,000,000. With worldwide earnings of $466,862,668, the film cleared that threshold comfortably.

  • Production Budget: $60,000,000
  • Worldwide Gross: $466,862,668
  • Net Return: $406,862,668
  • ROI: approximately 678.1%

At 678.1%, "Pegasus 2" earned roughly $7.78 for every $1 invested in production.

Awards and Recognition

8 wins & 9 nominations total

Frequently Asked Questions

How much did it cost to make Pegasus 2 (2024)?

The production budget was $60,000,000, covering principal photography, cast and crew salaries, locations, sets, post-production, and music. Marketing and distribution (P&A) costs are estimated at an additional $30,000,000 - $48,000,000, bringing the total studio investment to approximately $90,000,000 - $108,000,000.

How much did Pegasus 2 (2024) earn at the box office?

Pegasus 2 grossed $466,862,668 worldwide.

Was Pegasus 2 (2024) profitable?

Yes. Against a production budget of $60,000,000 and estimated total costs of ~$150,000,000, the film earned $466,862,668 theatrically - a 678% ROI on production costs alone.

What were the biggest costs in producing Pegasus 2?

The primary cost drivers were above-the-line talent (Teng Shen, Adam Fan, Yin Zheng); talent compensation, authentic period production design, and meticulous post-production.

How does Pegasus 2's budget compare to similar drama films?

At $60,000,000, Pegasus 2 is classified as a mid-budget production. The median budget for wide-release drama films in the 2020s ranges from $30 - 80M for mid-budget to $150M+ for tentpoles. Comparable budgets: 15 Minutes (2001, $60,000,000); Almost Famous (2000, $60,000,000); Analyze That (2002, $60,000,000).

Did Pegasus 2 (2024) go over budget?

There are no widely reported accounts of significant budget overruns for this production. However, studios rarely disclose precise budget overrun figures publicly. The reported production budget reflects the final estimated cost.

What was the return on investment (ROI) for Pegasus 2?

The theatrical ROI was 678.1%, calculated as ($466,862,668 − $60,000,000) ÷ $60,000,000 × 100. This measures gross revenue against production budget only - it does not account for P&A or exhibitor shares.

What awards did Pegasus 2 (2024) win?

8 wins & 9 nominations total.

Who directed Pegasus 2 and who were the key crew members?

Directed by Han Han, written by Han Han, Zhou Yunhai, shot by Bai Yuxia, with music by Roc Chen.

Where was Pegasus 2 filmed?

Pegasus 2 was filmed in China. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

Filmmakers

Pegasus 2

Production Companies
Shanghai PMF Media, Tao Piao Piao 淘票票, Maoyan Entertainment, Bona Film Group, Fun Age Pictures, Zhejiang Hengdian Film Production, Shanghai Ruyi Film & TV Production 上海儒意影视制作, Shanghai Film Group 上海电影(集团)(SFG), Weibo Corporation, China Film Group Corporation
Director
Han Han
Writers
Han Han, Zhou Yunhai
Key Cast
Teng Shen, Adam Fan, Yin Zheng, Zhang Benyu, Sun Yizhou, Wei Xiang
Cinematographer
Bai Yuxia
Composer
Roc Chen

Official Trailer

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New York Tax Credit template
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Netflix Productions template
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Netflix Productions template
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New Jersey Tax Credit template
UK Channel 4 template
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Canada Productions Telefilm template
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Netflix Productions template
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New Jersey Tax Credit template
UK Channel 4 template
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Canada Productions Telefilm template
New York Tax Credit template
Podcast template
Photography template

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