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F1 2023

Entry fees for 2023 F1 teams: Red Bull face sky-high bill

Every year, Formula 1 teams pay entry fees to compete in the premier class of motorsport. The amounts for 2023 are now known and Red Bull, as the World Champions, pay the most by far.

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Every year, Formula 1 teams pay an entry fee to compete in the premier class, with the amount consisting of two elements; each team pays the standard fee of $617,687, and on top of that there is an amount per World Championship point scored in the previous season.

Additionally, the team that became champions also pay a higher amount per point, meaning that Red Bull are the outfit hit with the highest bill for 2023.

Like the other nine teams, the 2022 Constructors' Champions pay the same standard amount but have to pay $7,411 per point, while the rest pay $6,174 per point.

In total, the Milton Keynes-based squad have to pay by far the most to compete again in 2023, with a bill of exactly $6,242,636.

Curious about the amounts that the other F1 teams will have to pay? Find them below.

2023 F1 team entry fees

Team Basic fee Total fee for each 2022 point Total
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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