Red Bull face F1 entry fee hike after 2021 success
After their added points haul in 2021, the effect of the Formula 1 entry fee system will mean Red Bull face an increase in how much they have to pay to enter the new season.
This will be set to amount to an extra fee of around $1.4million [£1.05million] to get themselves on the grid in 2022, with the Constructors’ Championship runners-up facing the biggest increase in payment of all the teams, according to figures published by Speedcafe.
Was Masi 'screwed over' in Abu Dhabi finale?
MotoGP boss says F1 controversy is ‘not’ the dream
Drivers given a bit more leeway with reprimand system
Red Bull RB18 has been 'given the all-clear'
Allison warns ‘one or two’ teams will get new rules badly wrong
Mercedes believe new cars will have similar performance to 2021
It’s not just Vettel who Schumacher turns to for advice
Alfa Romeo won’t run Ferrari’s gearbox, nor rear suspension
Ferrari ‘very optimistic they will be in the fight’
Hamilton's silence has 'everyone talking'
Hill confident Hamilton will want to help Russell
Fittipaldi backs Ferrari to ‘surprise’ in 2022
The cost to enter Formula 1 is set at a flat basic rate of $556,509 [£410,000] per team, according to the Formula 1 Sporting Regulations, but the fee only increases from there – with the amount payable dependent on the previous season’s results.
The teams also pay an extra fee per point scored, with $5563 added onto the price for each point by nine of the teams, with the Constructors’ Championship winners due to pay $6677 per point.
The countdown begins #RB18 coming
@TAGHeuer pic.twitter.com/u2udXo064h
— Red Bull Racing (@redbullracing) February 3, 2022
This puts Mercedes’ entry fee far clear of the rest of the field, having to pay a reported $4.65million to put their