Entry fees in the world of F1 are a bit strange. And world domination is expensive.
For the sixth year in a row, the Mercedes F1 Team has claimed the F1 Constructors’ Championship. That brings their championship winning percentage up to 60% in the history of the team.
In 2019, the team scored 80% of the total points available. And that’s the expensive part.
The base F1 entry fee is $556,509. Additionally, returning teams pay plus $5,563 per point. However, the winning team in the constructors championship pays the premium rate of $6,677 per point scored in the 2019.
In 2019, Mercedes took 739 points with the help of championship driver Lewis Hamilton and his teammate Valtteri Bottas.
In 2016, Mercedes actually grabbed more, 765 points. However the rate per point has increased since the 2016 season. The increase has been in place for the past two years. The FIA notes the US Consumer Price Index for the increased.
That means Mercedes is set to pay the highest F1 entry fee in the history of the sport.
2020 F1 Entry Fees
Pos | Points (2019) | Entry Fee (US$)
1. Mercedes F1 Team
$5,490,812 | 739
2. Scuderia Ferrari
$3,360,261 | 504
3. Red Bull F1 Team
$2876,280 | 417
4. McLaren F1
$1,363,144 | 145
5. Renault Sport
$1,062,742 | 91
6. Toro Rosso
$1,029,364 | 85
7. Racing Point
$962,608 | 73
8. Alfa Romeo
$873,600 | 57
9. Haas F1 Team
$712,273 | 28
10. Williams F1 Team
$562,072 | 1
Mercedes F1 Entry Fee
Year | Points | Entry Fee (US$)
2020
$4,934,303 | 739
2019
$4,292,215 | 655
2018
$4,137,592 | 668
2017
$4,738,410 | 765
2016
$4,354,382 | 703
2015
$4,341,994 | 701
More
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2019 F1 entry fees are outrageous
2021 F1 rules released; New car design
Links
Mercedes AMG F1 | Scuderia Ferrari | F1 | FIA