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 The 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 F1 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||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...||Point-based fee||Total The teams pay fees to the FIA to compete in the season. Fees are calculated based on the team's results... There's more...|
|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...||613.5||$4,249,101||$4,826,379|
|Red Bull Racing, also simply known as Red Bull or RBR and competing as Oracle Red Bull Racing in 2022,... There's more...||585.5||$3,378,335||$3,955,613|
|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...||323.5||$1,866,595||$2,443,873|
|McLaren Racing Limited is a British motor racing team, under the Marque of the Mclaren Group, based at the McLaren... There's more...||275||$1,586,750||$2,164,028|
|Alpine F1 Team, competing as BWT Alpine F1 Team, is a Formula One constructor which made its debut at the... There's more...||155||$894,350||$1,471,628|
|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...||23||$132,710||$709,988|
|'Alfa Romeo F1 Team ORLEN' is the sponsored name of the Sauber Motorsport F1 team. Sauber Motorsport AG is a... There's more...||13||$75,010||$652,288|
|Haas Formula LLC, competing as Haas F1 Team, is an American Formula One racing team established by NASCAR Cup Series... There's more...||0||0||$577,280|
This fee is a small part of Prize 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