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"Incredible," says Horner of whopping '23 entry fee

NEWS STORY
14/12/2022

"I didn't realise how much we had to pay the FIA," admits Christian Horner as Red Bull literally pays the price for success.

Along with the prestige, winning the world championship means an eye-watering financial hit in terms of entry to the following season's grid.

For 2023 each team is liable to a $617,687 (£502k) flat fee, plus a further $6,174 (£5,027) per point won in the 2022 Constructors' Championship. However, in terms of the championship winners this rises to $7,411 (£6,034) per point.

Based on the consumer price index, the 2023 entry fees see an increase on this year which saw the basic fee at $572,278, with (champions) Mercedes paying $6,925 for each of its 613.5 points and the rest $5,770.

In total therefore, Red Bull pays $6,242,636 (£5.08m) - just slightly under the $7m it was fined for its budget cap breach - while runner-up Ferrari pays $4,038,083 (£3.3m).

Mercedes pays $3,797,297 (£3.1m), Alpine $1,685,789.00 (£1.4m), McLaren $1,593,179 (£1.3m), Alfa Romeo and Aston Martin $957,257 (£780k), Haas $846,125 (£688k), AlphaTauri $833,777 (£678k) and Williams $654,731 (£532k).

"I didn't realise how much we had to pay the FIA for the points," admitted Christian Horner at Friday's FIA Awards Gala. "I got the bill the other day, it was incredible."

The 2023 Sporting Regulations dictate that the fees had to be paid on Friday (10 December).

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READERS COMMENTS

 

1. Posted by Paulinho, 14/12/2022 9:37

"Surely the return is far greater, but then again math's never has been Red Bulls strong point #joke "

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2. Posted by ian_w, 13/12/2022 12:35

"Next year, should they secure the world championship, as soon as they have the titles, just withdraw from the rest of the races as a cost savings measure! A few opening lap "crashes" between Max and Checo and no one will suspect a thing!"

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3. Posted by Motorsport-fan, 13/12/2022 9:39

"Just like printing money."

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4. Posted by didaho, 12/12/2022 23:34

"Doing it for how long and this is now a surprise?
"

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5. Posted by Simon in Adelaide, 12/12/2022 20:34

"Does the entry fee come out of the capped budget?"

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6. Posted by BillH, 12/12/2022 18:02

"Penalised for success?
Not the best incentive system."

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7. Posted by JamesD, 12/12/2022 14:38

"I do hope the bill was made out to Whinger Spice"

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