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Home » Entry fees for 2023 F1 season: how much each team has to pay to compete in premier class

Entry fees for 2023 F1 season: how much each team has to pay to compete in premier class. Entry fees for 2023 F1 season.

As is always the case ahead of any Formula 1 championship, teams and drivers pay an entry fee for the following season, with each driver paying a standard amount of €10,400. However, what differentiates the total amount are the points scored by each driver in the previous world championship. By regulation, each participant pays an extra fee of 2100 euros for each point won, to be added to the already mentioned 10,400 base.

Consequently, it is no surprise that the heaviest bill of all goes to reigning world champion Max Verstappen, as Red Bull will have to pay more than any of his other opponents. The Dutchman from Red Bull, also thanks to the record of victories scored in a single season (15), ended the 2022 Formula 1 world championship not only in the lead, but also with 454 total points, 146 more than those of his main rival Charles Leclerc.

Now, looking forward to the 2023 Formula 1 season, Max Verstappen is inevitably destined to reach a new record: that of the highest amount to be paid to obtain registration for the next F1 campaign. In fact, in addition to the 10,400 equal for all, Max Verstappen will have to add 2,100 euros for each of the 454 points. In total, therefore, the bill comes to 963,800 euros.

Ferrari will have to pay $4,038,083 based on the number of points scored in 2022, plus an additional million for Charles Leclerc and Carlos Sainz:

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Entry fees for the 2023 championship for each driver

DRIVERPOINTS 2022FEE (euros)
Max Verstappen454963,800
Charles Leclerc308657,200
Sergio Perez305650,900
George Russell275587,900
Carlos Sainz246527,000
Lewis Hamilton240514,400
Lando Norris122266,600
Esteban Oconninety two203,600
Fernando Alonso81180,500
Valtteri Bottas49113,300
Kevin Magnussen2562,900
Pierre Gasly2358,700
Lance Stroll1848,200
Yuki Tsunoda1235,600
Guanyu Zhou623,000
Alexander Albon418,800
Nyck de Vries214,600
Nico Hulkenberg010,400
Oscar Piastri010,400
Logan Sargeant010,400

2023 F1 TEAM ENTRY FEES

TeamBasic feeTotal fee for each 2022 pointTotal
Red Bull$617,687$5,624,949$6,242,636
Ferrari$617,687$3,420,396$4,038,083
Mercedes$617,687$3,179,610$3,797,297
Alpine$617,687$1,068,102$1,685,789
McLaren$617,687$981,666$1,599,353
Alfa Romeo$617,687$339,570$957,257
Aston Martin$617,687$339,570$957,257
Haas$617,687$228,438$846,125
AlphaTauri$617,687$216,090$833,777
Williams$617,687$49,392$667,079
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