The FIA is making $27 million in F1 entry fee from teams and drivers for 2023, a figure Max Verstappen has called 'absurd'. Here's a full breakdown:
Drivers and teams are charged a fee to participate in the world championship based on their results the previous year, with a flat fee adding to a set amount per point scored.
With 23 races and six sprints, there will be 443 more points available in 2023 than five years ago, before the advent of sprints and bonus points for the fastest lap. The driver fees are not made public, but Motorsport.com has learned that for 2023 their points-based fee has been increased by nearly 30% from $1,623 to $2,100 per point scored.
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