Mercedes to pay highest ever F1 entry fee in 2020 - Sports history

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Thursday, December 5, 2019

Mercedes to pay highest ever F1 entry fee in 2020

Mercedes to pay highest ever F1 entry fee in 2020 season.





Mercedes' success in its record-breaking 2019 Formula 1 season means it must pay its highest-ever FIA entry fee for next year, despite scoring fewer points than in 2016.

Lewis Hamilton won his record F1 sixth world titles, the Silver Arrows became the first team in F1 history to win six consecutive title doubles by clinching the Drivers’ and Constructors’ Championships this year.




Mercedes to pay highest ever F1 entry fee in 2020 season.



The FIA mandates a basic fee for all teams to enter the F1 world championship plus extra for each point gained in the previous season, with the constructors' world champion hit with a slightly higher rate per-point.

 The FIA has set the basic 2020 entry fee for all teams at $556,509, plus $6,677 per point scored in the 2019 season for the winning constructor and $5,563 per point for everybody else.

That amounts to $4,934,303 for Mercedes' 739-point haul this year, just under $200,000 more than its points-based fee from 2016 and over $600,000 higher than 2019.

Runners-up teams in 2019 Formula 1 championship Ferrari must pay $2.8m for the 504 points it scored this year, taking its total fee to $3.3m.



 Top 10: F1 Team-by-team entry fee costs for 2020.




Team Points     Points-based fee    Total entry fee
Mercedes 739   US$4,934,303 US$5,490,812
Ferrari 504 US$2,803,752 US$3,360,261
Red Bull 417 US$2,319,771 US$2,876,280
McLaren 145 US$806,635 US$1,363,144
Renault 91 US$506,233 US$1,062,742
Toro Rosso         85 US$472,855 US$1,029,364
Racing Point 73 US$406,099 US$962,608
Alfa Romeo 57 US$317,091 US$873,600
Haas 28 US$155,764 US$712,273
Williams 1 US$5,563 US$562,072




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