The 2016 FIA Formula 1 World Championship entry fees have been revealed and Mercedes AMG Petronas F1 Team top the table following their success in 2015.
A flat fee of $516,128 is paid by all teams but an additional fee per championship point is added with Constructors’ Champions Mercedes paying $6,194 per point and all other teams paying $5,161 per point. During 2015 Mercedes accrued a total of 703 points across the Drivers’ and Constructors’ championships, bringing their total to $4,870,510, and increase of $12,388 on the 2014 total (in which they scored 701 points).
Scuderia Ferrari saw their fee rise as a result of Sebastien Vettel taking three victories as they regained previous form, this took their total from $1,630,904 last year to $2,725,036. In contrasting fortune Infiniti Red Bull Racing saw their 2015 fee of $2,606,333 drop to $1,481,235 for 2016.
Williams Martini Racing fee was helped with the exclusion of Felipe Massa in the Brazilian Grand Prix, saving them $20,644 on entry fee’s. Williams total goes from $2,167,648 to $1,842,505.
Sahara Force India F1 Team took fifth place in the championship but actually see a reduction in their total while Lotus F1 Team, Scuderia Toro Rosso and Sauber F1 Team all faced an increase.
McLaren Honda‘s disastrous year did have a silver lining in that they will save on fees for next year, having to pay just $655,475; Manor Marussia F1 Team are the only team that will pay less with the base fee of $516,128
Formula 1 team entry fees: 2015 / 2016
Mercedes: $4,858,122 / $4,870,510
Ferrari: $1,630,904 / $2,725,036
Williams: $2,167,648 / $1,842,505
Red Bull: $2,606,333 / $1,481,235
Force India: $1,316,083 / $1,218,024
Lotus: $567,738 / $918,686
Toro Rosso: $670,958 / $861,915
Sauber: $516,128 / $701,924
McLaren: $1,450,269 / $655,475
Manor: $526,450 / $516,128
Total sum: $15,791,528
