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Home » A look at how much circuits pay to host Formula 1 races

A look at how much circuits pay to host Formula 1 races. How much circuits pay to host Formula 1 races.

The 2022 Formula 1 world championship has not yet begun, but it can already boast a curious record: that of the largest number of events scheduled on the calendar. One year after the previous record set in 2021, the next season will include a total of 23 evens, thanks to the debut of the Miami GP and the great return of other venues that have been excluded in the last two years due to the Covid emergency.

However, the current calendar – already very busy, could even include other races in the near future: in fact, in addition to the ongoing negotiations for the inclusion of the Las Vegas GP, there are still valid contracts with F1 for China and Qatar, with the latter remaining however excluded from the world championship. In this way, therefore, it is necessary to understand which are the current GPs close to end their contracts, as opposed to others who instead have a long-term deal.

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In the first case, there are in fact several nations that, in the absence of any negotiations, could welcome their latest edition right at the end of this world championship: in this case, they are Belgium, Monte Carlo, Bahrain, France, Austria and Mexico. All of these, however, would already be working to renew their stay in Formula 1, almost a given for some of the symbolic venues in F1 history. The only exceptions would be – the conditional is a must – for France and Mexico, which have not yet announced the start of an agreement. Unlike the latter, moreover, there is the case of Austin and Singapore, with contracts expired last year and in full negotiation for an extension of the agreement. Since both are included on the 2022 calendar, the agreement with F1 would seem to have already been reached, even if there is still no official announcement. Completely different, however, is the question of long-term circuits, which pay the highest sums to host a GP: among these, the most significant example can be identified in Qatar, which pays out 55 million dollars to accommodate Formula 1 from 2023 and for the next ten years. In addition to the latter, there are other examples of important expenditure, coming from other Arab countries in addition to China, Russia and Azerbaijan. A unique case, finally, for Miami, with F1 collaborating with the organizers – assuming part of the costs – to appear in Florida from this year for the next ten seasons. Below is the situation relating to how much the circuits pay to host F1 and the existing contracts with Liberty Media as reported by the well-informed journalist Dieter Rencken and presented by formulapassion.it

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Dieter Rencken.

CountryCircuitCost to host a GP ($)Contract untilNote
BahrainSakhir45 million2022Renewal coming soon
Saudi Arabia Jeddah55 million2025
AustraliaAlbert Park35 million2023
ItalyImola20 million2025Renewal coming soon
United StatesMiamiIn progress2031Work in progress
SpainBarcelona25 million2026
MonacoMonte Carlo15 million2021*Negotiating renewal
AzerbaijanBaku55 million2024
CanadaMontreal30 million2029
FrancePaul Ricard22 million2022
AustriaRed Bull Ring25 million2022Option for renewal
UKSilverstone25 million2024
HungaryHungaroring40 million2027
BelgiumSpa22 million2022 Negotiating
DutchZandvoort32 million2023 Option for renewal
ItalyMonza25 million2024
RussiaSochi50 million2025From 2023
SingaporeMarina Bay35 million2021In calendario ed in trattativa
JapanSuzuka25 million2024
MexicoH. Rodriguez25 million2022
United StatesAustin25 million2021 Negotiating renewal
BrazilInterlagos25 million2025
Abu DhabiYas Marina40 million2030
ChinaShanghai50 million2025To return in 2023
QatarLosail55 million2031 To return in 2023
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