How much does it cost to race in F1? Entry costs revealed
As part of a restructuring of Formula 1’s finances from the start of 2013, the FIA has calculated its entry fee for teams based on the number of points scored in the previous season.
F1 2019
The 2019 FIA Formula 1 World Championship starts in Melbourne on March 17 – and here you will find F1 news, photos and videos covering many topics such as: technological advancements, 2019 F1 rules, team and driver articles, in-depth analysis and expert opinion, and much more. You can also check out the 2019 F1 calendar, buy F1 event tickets and merchandise.
Each year the price increases based on the US Consumer Price Index, and it means for 2019 all teams have to pay a basic entry fee of $546,133, and then an extra amount depending on where they finished last year.
The constructors’ champion (Mercedes) has to pay $6553 per point scored, while all the other teams pay $5459 per point.
When Mercedes enjoyed a hugely dominant 2016 season, it was left facing a bill of more than $5.25 million for entry to the following campaign.
Ironically, Ferrari’s resurgence has meant that Mercedes’ points scoring has not been so rampant over the last two seasons – bringing its payment down. Even so, Mercedes has to pay more than $4.8 million in total for its 2019 entry – with five teams paying more than $1 million.
Here is a full run down of the 2019 entry fees, and how they compare to last year.
- 2019 fee: $4,838,348
- 2018 fee: $4,653,720
- 2019 fee: $3,663,222
- 2018 fee: $3,210,170
- 2019 fee: $2,833,454
- 2018 fee: $2,415,376
- 2019 fee: $1,212,131
- 2018 fee: $810,305
- 2019 fee: $1,053,820
- 2018 fee: $758,695
- 2019 fee: $884,591
- 2018 fee: $670,958
- 2019 fee: $830,001
- 2018 fee: $1,481,235
- 2019 fee: $808,165
- 2018 fee: $541,933
- 2019 fee: $726,280
- 2018 fee: $789,661
- 2019 fee: $584,346
- 2018 fee: $944,491
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