Red Bull has copped a massive hike when it comes to F1 entry fees for 2023
Entry fees for next year’s F1 season have been revealed with Red Bull having to wear a steep increase following its success in this year’s championship.
Red Bull amassed 759 points across the 22-race season in which it claimed its first constructors’ championship since 2013.
Max Verstappen wrapped up his second drivers’ championship, too, with a comfortable 146-point margin to Charles Leclerc in second.
The Dutchman won a record 15 grands prix, while team-mate Sergio Perez claimed two of his own.
With entry fees based on the points attained in the preceding year, Red Bull, therefore, copped an eye-watering bill of $6.2 million simply for the rights to line up on next year’s grid.
A flat fee of $617,687 is payable by every team on the grid, plus a dollar value per point.
For the constructors’ championship winners, that is $7411 per point, with the nine other teams required to pay $6174.
As a result, Red Bull’s entry fee for the 2023 F1 season will be $6,242,636 – an increase of just under $2.3 million based on its entry fee for 2022.
There have been changes based on the CPI indexing, which last year saw the basic entry fee at $572,278, $6925 per point for the winner, and $5770 for all other teams.
As Mercedes won the constructors’ championship last year, its entry fee was $4,825,765, while Red Bull paid $3,955,613.
Under the 2023 Sporting Regulations, fees were payable to the FIA last Friday (December 10).
2023 Formula 1 entry fees
| Pos | Team | 2022 Points | 2023 Entry Fee | 2022 Entry Fee | Difference |
| 1 | Red Bull Racing | 759 | $ 6,242,636.00 | $ 3,955,613.00 | $ 2,287,023.00 |
| 2 | Scuderia Ferrari | 554 | $ 4,038,083.00 | $ 2,443,873.00 | $ 1,594,210.00 |
| 3 | Mercedes-AMG F1 Team | 515 | $ 3,797,297.00 | $ 4,825,765.50 | $ -1,028,468.50 |
| 4 | Alpine F1 Team | 173 | $ 1,685,789.00 | $ 1,471,628.00 | $ 214,161.00 |
| 5 | McLaren F1 Team | 158 | $ 1,593,179.00 | $ 2,164,028.00 | $ -570,849.00 |
| 6 | Aston Martin F1 Team | 56 | $ 963,431.00 | $ 1,021,568.00 | $ -58,137.00 |
| 7 | Alfa Romeo F1 Team | 55 | $ 957,257.00 | $ 652,288.00 | $ 304,969.00 |
| 8 | Haas F1 Team | 37 | $ 846,125.00 | $ 577,278.00 | $ 268,847.00 |
| 9 | Scuderia AlphaTauri | 35 | $ 833,777.00 | $ 1,396,618.00 | $ -562,841.00 |
| 10 | Williams Racing | 6 | $ 654,731.00 | $ 709,988.00 | $ -55,257.00 |