Yes, teams pay a fee to compete in the current season, based on their performance in the previous season.
The title winner pays a basic fee of $577,278 plus $6,926 for each point gained, while the rest of the fieldThe field is a reference to the full grid of cars, from pole to the backmarkers. Consider it in the... There's more... pay a basic fee of $577,278 plus $5,770 for each point scored.
So in 2022 the fees look like this
2022 F1F1 is the pinnacle of open wheel, single seater car racing and arguably the highest level of any motorsport globally.... There's more... team entry fees
Team | Points![]() |
Point-based fee | Total 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... |
Mercedes![]() |
613.5 | $4,249,101 | $4,826,379 |
Red Bull![]() |
585.5 | $3,378,335 | $3,955,613 |
Ferrari![]() |
323.5 | $1,866,595 | $2,443,873 |
McLaren![]() |
275 | $1,586,750 | $2,164,028 |
Alpine![]() |
155 | $894,350 | $1,471,628 |
AlphaTauri | 142 | $819,340 | $1,396,618 |
Aston Martin | 77 | $444,290 | $1,021,568 |
Williams![]() |
23 | $132,710 | $709,988 |
Alfa Romeo![]() |
13 | $75,010 | $652,288 |
Haas![]() |
0 | 0 | $577,280 |
This fee is a small part of prize moneyPrize money is a significant part of the. funding structure for an F1 team. Teams receive a share of the... There's more... awarded.
Find out how much prize money was paid out in 2021 – here
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