Each year the price increases based on the US Consumer Price Index (CPI), and it means for Y 2019 that all teams have to pay a basic entry fee of US$546,133, and then an extra amount depending on where they finished last year.
The constructors’ champion, MercedesAMG has to pay $6553 per point scored, while all the other teams pay $5459 per point.
When MercedesAMG enjoyed a hugely dominant Y 2016 season, it was left facing a bill of more than $5.25-M for entry to the following campaign.
Ferrari’s (NYSE:RACE) resurgence has meant that MercedesAMGs’ points scoring has not been so rampant over the last 2 seasons, thus bringing its payment down. Even so, MercedesAMG has to pay more than $4.8-M in total for its Y 2019 entry, with 5 teams paying more than $1-M.
Here is a run down of the Y 2019 entry fees for the Top 3, and how they compare to last year, as follows:
2019 fee: $4,838,348
2018 fee: $4,653,720
2019 fee: $3,663,222
2018 fee: $3,210,170
Red Bull Racing
2019 fee: $2,833,454
2018 fee: $2,415,376
All fees in USDs
Have a terrific week