The FIA has collected $26.7m in licence fees from the F1 drivers and teams💲 Here's the full story and a breakdown of the fees ⬇️
Drivers and teams are charged a fee to participate in the world championship based on their results from 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 Autosport 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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