2023 Season Entry Fees are not to be sneezed at.
In formula 1
Formula 1 is the pinnacle of open-wheel, single-seater car racing and arguably the highest level of any motorsport globally. Also... There's more..., the teams and drivers must pay an entry feeThe teams pay fees to the FIA to compete in the season. Fees are calculated based on the team's results... There's more... to join the tournament. And with the fee based on 2022 performance, the top teams stand to pay significantly more than those at the bottom of the grid
The grid is a reference to the starting order of the race is typically determined by qualifying, however, with the... There's more.... By almost ten times…
Teams all pay a base fee of $617,687.00 plus $7,411.00 for each point won. This puts Red Bull
Red Bull Racing, also simply known as Red Bull or RBR and competing as Oracle Red Bull Racing in 2022,... There's more... at the top with an entry fee of $6,242,636.00 compared to Williams
Williams Racing is one of Formula 1's longest-running and most successful teams. Founded in 1977 by Frank Williams and Patrick... There's more..., who will pay $667,079.00.
A similar system applies to the drivers who pay $16,236.00 plus $2,100.00 for each point—putting Max at the top with an entry fee of $969,636.00 against the new starts who are paying the base fee only.
Considering that the teams are likely to pick up the driver’s entry fee puts Red Bull’s account at a staggering $7,869,008.00.
| Team | 2022 Points Formula 1 runs two competitions over the course of the season, the Constructor's title and the Driver's title. Points are... There's more... |
Base Fee | Fee per point | Total fee |
| Red Bull | 759 | 617,687.00 | 7,411.00 | 6,242,636.00 |
Ferrari Scuderia Ferrari S.p.A. is the racing division of luxury Italian auto manufacturer Ferrari based in Marinello, Italy The 2022 Ferrari... There's more... |
554 | 617,687.00 | 6,174.00 | 4,038,083.00 |
Mercedes Mercedes-Benz, a brand of the Mercedes-Benz Group, has been involved in Formula One as both team owner and engine manufacturer... There's more... |
515 | 617,687.00 | 6,174.00 | 3,797,297.00 |
Alpine Alpine F1 Team, competing as BWT Alpine F1 Team, is a Formula One constructor which made its debut at the... There's more... |
173 | 617,687.00 | 6,174.00 | 1,685,789.00 |
McLaren McLaren Racing Limited is a British motor racing team, under the Marque of the Mclaren Group, based at the McLaren... There's more... |
159 | 617,687.00 | 6,174.00 | 1,599,353.00 |
Alfa Romeo 'Alfa Romeo F1 Team ORLEN' is the sponsored name of the Sauber Motorsport F1 team. Sauber Motorsport AG is a... There's more... |
55 | 617,687.00 | 6,174.00 | 957,257.00 |
Aston Martin Aston Martin's Grand Prix history can be traced back to 1922 at the French Grand Prix. From its debut, via... There's more... |
55 | 617,687.00 | 6,174.00 | 957,257.00 |
Haas Haas Formula LLC, competing as Haas F1 Team, is an American Formula One racing team established by NASCAR Cup Series... There's more... |
37 | 617,687.00 | 6,174.00 | 846,125.00 |
| AlphaTauri | 35 | 617,687.00 | 6,174.00 | 833,777.00 |
| Williams | 8 | 617,687.00 | 6,174.00 | 667,079.00 |
| $21,624,653.00 | ||||
Driver OK, so we all know what the driver is, right. I've always liked the description that F1 drivers are like... There's more... |
2022 Points | Base fee | Fee per point | Total fee |
| Verstappen | 454 | 16,236.00 | 2,100.00 | 969,636.00 |
| Leclerc | 308 | 16,236.00 | 2,100.00 | 663,036.00 |
| Perez | 305 | 16,236.00 | 2,100.00 | 656,736.00 |
| Russell | 275 | 16,236.00 | 2,100.00 | 593,736.00 |
| Sainz | 246 | 16,236.00 | 2,100.00 | 532,836.00 |
| Hamilton | 240 | 16,236.00 | 2,100.00 | 520,236.00 |
| Norris | 122 | 16,236.00 | 2,100.00 | 272,436.00 |
| Ocon | 92 | 16,236.00 | 2,100.00 | 209,436.00 |
| Alonso | 81 | 16,236.00 | 2,100.00 | 186,336.00 |
| Bottas | 49 | 16,236.00 | 2,100.00 | 119,136.00 |
| Magnussen | 25 | 16,236.00 | 2,100.00 | 68,736.00 |
| Gasly | 23 | 16,236.00 | 2,100.00 | 64,536.00 |
| Stroll | 18 | 16,236.00 | 2,100.00 | 54,036.00 |
| Tsunoda | 12 | 16,236.00 | 2,100.00 | 41,436.00 |
| Zhou | 6 | 16,236.00 | 2,100.00 | 28,836.00 |
| Albon | 4 | 16,236.00 | 2,100.00 | 24,636.00 |
| De Vries | 2 | 16,236.00 | 2,100.00 | 20,436.00 |
| Piastri | 0 | 16,236.00 | 2,100.00 | 16,236.00 |
| Hülkenberg | 0 | 16,236.00 | 2,100.00 | 16,236.00 |
| Sargeant | 0 | 16,236.00 | 2,100.00 | 16,236.00 |
| $5,074,920.00 | ||||
| $26,699,573.00 |
