F1 News, Reports and Race Results

FIA collects its due on F1's Super Licence fees!

After a leisurely winter holiday, it's back to the grind for F1's drivers whose first order of business over the new year has been to sign a check to the FIA for the privilege of racing in 2023.

All teams are required to pay F1's governing body a significant entry fee for 2023 based on the amount of points scored during the previous season.

Red Bull's dominant 2022 campaign has cost the Milton Keynes-based outfit a cool $6,242,636.

But F1's drivers competing in 2023 don't get a free pass when it comes to racing as each participant must also pay the FIA for their mandatory F1 Super Licence.

And again, the final fee disbursed by each driver is based on a points related scheme.

Read also:

Specifically, each driver will pay a base fee – in euros – of €10,400, plus €2,100 per point scored during the 2022 season, for the chance to race in 2023.

Max Verstappen's gain last year is inevitably the Dutchman's pain this season.

The Red Bull charger's record 15 wins in 2022 equate to a pay-out for his Super Licence of €963,800, an all-time high!

It's an affordable expense however for Verstappen whose annual all-in retainer with Red Bull for his second championship-winning year was estimated at $30 million according to Forbes.

Verstappen's runner-up Charles Leclerc finished 145 points behind his arch-rival, but the Monegasque has been invoiced €657,200 by the FIA.

At the other end of the spectrum, Haas F1's Nico Hulkenberg, McLaren rookie Oscar Piastri and Williams apprentice Logan Sargeant are only required to dole out the basic Super Licence fee, or $10,400.

Keep up to date with all the F1 news via Facebook and Twitter

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.

Recent Posts

Monaco GP: Saturday's action in pictures

Saturday's qualifying at the Monaco GP will go down as one of the most tense…

47 minutes ago

Verstappen says Monaco making him ‘feel like myself again’

Max Verstappen left Saturday’s Monaco Grand Prix qualifying with an unusually upbeat assessment, saying the…

1 hour ago

Norris: Monaco qualifying ‘a reality check’ for struggling McLaren

Lando Norris concluded his Saturday in Monaco with a visibly hardened outlook on McLaren’s current…

2 hours ago

Antonelli hails Monaco pole as ‘one of those magic laps’

Once again, a sensational Kimi Antonelli delivered when it mattered in Saturday’s Monaco Grand Prix…

3 hours ago

Leclerc rues ‘extremely inconsistent’ Ferrari after Monaco setback

Charles Leclerc cut a dejected figure after qualifying for the Monaco Grand Prix, with the…

4 hours ago

Hamilton stripped of ‘confidence’ amid Monaco Ferrari mystery

Lewis Hamilton admitted that a sudden and unexplained change in Ferrari’s behaviour between Friday and…

5 hours ago