The entry fees for a new Formula One championship are determined according season are based off the overall results from the previous season, which means that Mercedes and Red Bull have to pay the most in order to take part in the 2022 Formula 1 campaign.
As reported by speedcafe.com, the world champions have had to pay more than $4 million in order to compete in this year’s Formula 1 world championship, while its main rival from last season, Red Bull, about $3.8 million.
After a close battle last year, Mercedes won the Constructors title with 613.5 points over the latter on 585.5 points.
The Maranello team finished the season in third place, just ahead of McLaren and has paid nearly half of Mercedes’ total to race in the new season. Ferrari scored just 323.5 points, scarcely more than half of Mercedes’ tally, while McLaren accumulated 275 across the 22 races.
As stated by the Formula 1 Sporting Regulations, a basic fee of $556,509 is payable to the FIA for all teams that want to take part in the world championship.
Then, there is an additional $6677 for each point scored by the world championship winning team, and $5563 per point for all other teams.
As a result, Mercedes’ tally is $4,652,848.50 while its arch-rivals will have to stump up $3,813,645.50 to compete.
However, those values could increase as the monetary figures outlined in the regulations “will be adjusted annually by the US CPI Index,” with the rules currently citing the 2020 figure in the interim.
While for Mercedes the cost to enter is broadly similar to what it paid to compete in 2021, $4,482,898, it’s a steep increase for Red Bull and Ferrari.
The latter finished the 2020 championship with just 131 points, versus the 323.5 it scored last year, making an entry fee increase of $1,041,310.50.
Red Bull’s entry fees rose even more, after paying $2,384,737 to race in 2021.
While McLaren dropped a spot in the constructors’ championship, a larger points haul has seen its fee rise by more than $350,000, while Aston Martin’s reduced by almost $700,000.
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It should be noted that the 2020 season featured 17 races, while 2021 had 22 grands prix.
The basic fee was also slightly more expensive, at $569,308, and the points fees slightly more at $6830 for the title winners and $5691 for the rest of the field.
That resulted in a total entry fee increase of almost $6.9 million for the FIA, a figure explained by the difference in the number of races and the points therefore available to teams.
The 2022 campaign starts with the Bahrain Grand Prix on March 20, but teams will also have two pre-season testing sessions to prepare for the beginning of Formula 1’s new era given the majore rule changes.
Formula 1 entry fees 2022
| Team | 2022 | 2021 | Difference |
| Mercedes | $ 4,652,848.50 | $ 4,482,898.00 | $ 169,950.50 |
| Red Bull | $ 3,813,645.50 | $ 2,384,737.00 | $ 1,428,908.50 |
| Ferrari | $ 2,356,139.50 | $ 1,314,829.00 | $ 1,041,310.50 |
| McLaren | $ 2,086,334.00 | $ 1,718,890.00 | $ 367,444.00 |
| Alpine | $ 1,418,774.00 | $ 1,599,379.00 | -$ 180,605.00 |
| AlphaTauri | $ 1,346,455.00 | $ 1,178,245.00 | $ 168,210.00 |
| Aston Martin | $ 984,860.00 | $ 1,679,053.00 | -$ 694,193.00 |
| Williams | $ 695,584.00 | $ 569,308.00 | $ 126,276.00 |
| Alfa Romeo | $ 628,828.00 | $ 614,836.00 | $ 13,992.00 |
| Haas | $ 556,509.00 | $ 586,381.00 | -$ 29,872.00 |
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