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Mercedes pays over $5m in 2017 Formula 1 entry fees

While the aim in Formula 1 is to score as many points as possible, they also come at a cost, as Mercedes discovered when it paid its entry fee to the FIA for the 2017 championship, following a record breaking season in which it scored an astonishing 765 points. All teams wishing to compete in the championship must pay a base entry fee of $516,128, irrespective of their classification in the previous year’s standings. Additional entry fees are based on points scored during the previous season and the winning constructor pays a premium of $1,033 per point more compared to their rivals. Consequently, Mercedes has paid $6,194 per point scored, while the other teams have paid $5,161....
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