Why do Red Bull need to pay the FIA over £5 million for F1 2023?
In accordance with F1’s regulations, each const♒ructor must pay an entry fee to the F𒁏IA every season, in conjunction with an amount per point scored.
Effectively, each team 🌠must pay the basic entry feeඣ of $617,687 plus $7,411 for each point scored across the 2022 F1 season.
With Red Bull scoring 759 points, they will✅ pay the FIA $6,242,636 (just over £5 million).
The goo▨d news is that this fee🔯 is exempt from the cost cap.
Ahead of the FIA’s Prize Giving Gala on Friday, team boss Christian Horner joked: “I didn’t realise how much we had to pay the FIA for the poi💃nts—I got the bill the other day 🦩and it was incredible.”
What do the other teams have to pay?
2nd - Ferrari - $4,038,083
3rd - Mercedes $3,797,297
4th - Alpine $1,685,789
5th - McLaren $1,599,353
6th/7th - Alfa Romeo and Aston Martin $957,257
8th - Haas $846,125
9th - AlphaTauri $833,777
10th - Williams $667,079
With a sharp eye for F1’s controversies and storylines, Connor is the 🧜heartbeat of our unbiased♏ reporting.
