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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 field pay a basic fee of $577,278 plus $5,770 for each point scored.

So in 2022 the fees look like this

2022 F1 team entry fees

 Team Points Point-based fee Total entry fee
 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 money awarded.

Find out how much prize money was paid out in 2021 – here

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Andrew Burden

The author Kiwi F1 Fan

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