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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...
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1y ago from Formula1News.co.uk
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