2016 F1 Entry Fee $4.8 Million – A bill of $6,194 per point added to the record Formula 1 Championship entry fee
Mercedes AMG 2016 F1 entry fee is off the charts. Setting a record entry fee for their 2016 Formula 1 Championship contention.
Mercedes AMG F1 was forced to pay a big fee for this year under the revamped F1 entry fee system. Scoring a total of 703 points during the 2015 season was great as the season went along.
However, in 2016 scoring all those points has backfired a bit for the Mercedes AMG Petronas F1 Team.
The base F1 entry fee’s are up from last year, but that’s not what raised the entry to $4.8 Million. Mercedes must pay $6,194 per point scored in 2015 season. That per point fee is on top of a base entry fee of $516,128.
“Expensive,” Wolff told Motorsport.com about the scale of its entry fee. “It is always sad signing it off. It was a system being set up a couple of years ago now.
“Nevertheless we are here for sporting success and scoring that many points means we had a really good season. Therefore maybe there is a bitter-sweet feeling in signing it off.”
“There are many metrics that we monitor, and which are important to us,” he added. “The maximum number of points is not the most obvious one – it is winning the championship and winning many races and being on pole.”
“There is sporting reliability, mechanical reliability, and overall continuing to develop your team – or the team developing itself. For me personally the number of points, the highest ever points scoring, is just a figure in a book. It is of no great interest.”
2016 F1 Team Entry Fee
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Interview by Jonathan Noble
Photo: Mercedes AMG F1