Feature

Entry fees: How much is each team paying in 2018?

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This year, Mercedes will paying $4.6m in entry fees for privilege of taking part in the 2018 Formula 1 world championship. While that's a still rather a lot to anyone, it's actually more than half a million less than they paid in 2016.

The reason for the reduction is that the title battle was a much closer run affair last year than it had been previously. While they still picked up their fourth consecutive title double, the victory wasn't as overwhelming has it had been before.

Under the current 2013 sporting regulations governing Formula 1, all teams pay a base entry fee of $516,128 indexed by the US consumer price index of annual inflation. But the champions also have to pay a further $6,194 per point scored, while other teams pay the discount rate of $5,161. The amount has to be paid upfront by teams in November.

Mercedes won the constructors title with 668 points in 2017, compared with 765 the previous year. That means a reduction in entry fees of $600,818 - the smallest bill for Mercedes since 2014.

But Ferrari are paying the price of their improved form in 2017. Maranello will be coughing up $639,964 more this year. Overall, Force India, Renault, Haas and Sauber are all paying slightly more this year, while Red Bull, Williams, Toro Rosso and McLaren are paying less. In total, the FIA is raking in $16,276,544 in entry fees.

F1 Technical has crunched the numbers and come up with a list of all the entry fees being paid by the ten teams lining up on the Formula 1 grid this year...

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Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.