News Details

FIA receives eye-watering 2023 Formula 1 entry fees

Unlike many other sports, competing in Formula 1 comes with an entry fee, which varies depending on the performance of the team or driver in the previous season. There is a set fee for signing on the to upcoming season, along with an extra charge for every point scored in the year just gone. It has now been revealed that the FIA have pocketed an astonishing $26.7m in entry fees alone ahead of the 2023 season, with 10 teams and 20 drivers now signed on for this year. With regards to the teams, there is a set entry fee of $617,687 that must be paid, while every point scored last year will set the teams back an extra $6,174. READ: Ex-F1 champion warns Max Verstappen’s rivals they ‘better...
Full Story »
Share

You May Also Be Interested In...

Max Verstappen bewildered by ‘absurd' fee that...

Double World Champion Max Verstappen has discovered that in Formula 1...
1y ago from Formula1News.co.uk

Verstappen calls out FIA on 'absurd' F1 Super Licence...

Max Verstappen has hit out at the FIA, calling the Super Licence fee that...
1y ago from F1i.com

F1 to discuss raising $200m new team entry fee

Feb.15 Existing teams will soon discuss a proposal to raise the amount...
1y ago from OneStopStrategy.com

Christian Horner insists Formula 1 needs an...

Since Liberty Media took over Formula 1 in 2017, the growth of the sport...
1y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia steamrolls to Thai MotoGP pole

Two-time MotoGP champion Francesco Bagnaia steamrolled the field to secure...

Popular On IndyCarToday.com

IMS debuts 11 special Taylor Swift helmets to...

Indianapolis Motor Speedway revealed 11 special racing helmets on Friday,...

Graham Rahal hoping better luck helps him rebound in...

Graham Rahal believes a continued streak of bad luck has played a major...

Popular On TotalWRC.com

Kuldar Sikk recovering from broken spine at Central...

Kuldar Sikk broke his spine and underwent emergency surgery after an...

Popular On GunnersToday.com

Sunday's Premier League predictions including Arsenal...

Sports Mole provides score predictions and previews for all of today's...
1h ago from SportsMole.co.uk

'Where does he play?' | Which RB makes a combined...

Robbie Lyle and Manny debate who fills the right-back spot on Saturday...
11m ago from SkySports.com

Arsenal 'register interest' in £46m attacker as Mikel...

Arsenal and Aston Villa reportedly express an interest in signing...
8h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.