F1 News, Reports and Race Results

After Red Bull, Verstappen set to fork out big bucks to FIA

Like his Red Bull team, Max Verstappen will also be reaching deep into his wallet to fork out to the FIA a record amount for the privilege of racing in 2023.

Yesterday, we revealed that Red Bull's banner year, during which it won F1's Constructors' title and 17 races, will equate to a $6,242,636 pay-out to the FIA to secure its entry fee for 2023.

The lump sum paid by the Milton Keynes-based outfit is based on a basic fee on top of which is added $7411 per point scored.

But like their teams, F1's drivers don't get a free pass when it comes to gracing the grid, as each driver must pay the FIA for their mandatory F1 Super Licence.

And Red Bull's star driver, thanks to his remarkable 2022 campaign, will once again be leading his rivals when he foots the bill for his precious racer's permit.

Calculating the fee disbursed by each driver follows the same base fee augmented by a dollars-per-point scheme as applied to the teams.

So, according to RacingNews365, each driver will pay a base fee – in euros – of €10,400, plus €2,100 per point scored during the 2022 season.

Verstappen's record 15 wins in a single season therefore entails a total pay-out for the Dutchman's Super Licence of 963,400 euros!

And for good measure, that's a new record for a Super Licence. Well done, Max!

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

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