F1 2013 Entry fees

[woof]

The new structure replaces the flat 309,000 Euros fee with a sliding scale. Each team must now make a basic $500,000 payment, with the constructors' champions then paying $6000 per point scored and every other team paying an extra $5000 per point. Which means the bottom 6 teams are paying less then 2012 but the top 6 and paying alot more !

The full scale of fees for the 12 F1 teams is:

1. Red Bull Racing 460 points $3.26 million
2. Ferrari 400 points $2.5 million
3. McLaren 378 points $2.39 million
4. Lotus 303 points $2.015 million
5. Mercedes 142 points $1.21 million
6. Sauber 126 points $1.13 million
7. Force India 109 points $1.045 million
8. Williams 76 points $0.88 million
9. Toro Rosso 26 points $0.63 million
10. Caterham 0 points $0.5 million
11. Marussia 0 points $0.5 million
12. HRT 0 points $0.5 million

[Podie]

So how long before Bernie changes it to 100 points for a win?

[FurtiveFreddy]

woof said:

1. Red Bull Racing 460 points $3.26 million

Assuming a very conservative 75% margin on sales of their drinks, this equates to about 8 hours-worth of annual worldwide sales.

[SmoothCriminal]

How does that work out if the fee was 309,000 euros then $500,000 is more than that so bottom teams are not playing less?

[Crafty_]

Apparently HRT have until midnight to pay entry fee for next year - obviously not going to happen, but without it the team is utterly worthless.

22 car grid next year then...

[RockDoctor]

Interesting fact: Ferrari still got more prize money than Red Bull this year, despite coming second!

[MartG]

Podie said:

So how long before Bernie changes it to 100 points for a win?

Just for a change, Bernie doesn't get any of this, it all goes to the FIA

[woof]

SmoothCriminal said:

How does that work out if the fee was 309,000 euros then $500,000 is more than that so bottom teams are not playing less?

2012 fee wasn't $500k flat - additional amounts on top of that

[craigjm]

RockDoctor said:

Interesting fact: Ferrari still got more prize money than Red Bull this year, despite coming second!

How?

[MartG]

craigjm said:

RockDoctor said:

Interesting fact: Ferrari still got more prize money than Red Bull this year, despite coming second!

How?

They have a special deal with Bernie for an extra slice of prize money

[Scuffers]

love to understand why it needs to be so much in the first place?

is the FIA trying to turn a profit or something?

[woof]

Scuffers said:

love to understand why it needs to be so much in the first place?

is the FIA trying to turn a profit or something?

Running costs and to fund their various campaigns.

[RockDoctor]

craigjm said:

RockDoctor said:

Interesting fact: Ferrari still got more prize money than Red Bull this year, despite coming second!

How?

Ferrari gets 2.5% of the total prize fund for being the oldest team on the grid.

[Scuffers]

woof said:

Scuffers said:

love to understand why it needs to be so much in the first place?

is the FIA trying to turn a profit or something?

Running costs and to fund their various campaigns.

well, at this rate they are pulling in well over $100M PA just from F1

how much do they actually need?