Mercedes to pay highest ever Formula One entry fee in 2020

F1 Grand Prix of Abu Dhabi

Mercedes’ success in its record breaking 2019 F1 season translates to the highest ever FIA entry fee for next year, according to Motorsport, despite scoring fewer points than in 2016.

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.

Lewis Hamilton took home his sixth world title, whilst with the help of Valtteri Bottas, the duo saw off Ferrari and Red Bull with ease.

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 Brackley-based outfit hit with a slightly higher rate per point.

The FIA has set the basic 2020 entry fee for all teams at $566,509, plus $6,677 per point scored in the 2019 season for the wining constructor and $5,563 per point for all other teams.

Talk about being a victim of your own success.

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 in 2018.

The FIA has slightly increased the points-based fee in the past two years based on the US Consumer Price Index, which means Mercedes must pay more than ever for its F1 entry for 2020.

At the other end of the spectrum, the Williams team’s poor season means it has comfortably the smallest points-based fee of $5,563.

F1 Grand Prix of Abu Dhabi

Team-by-team total entry fee costs for 2020

Mercedes - $5,490,812
Ferrari - $3,360,261
Red Bull - $2,876,280
McLaren - $1,363,144
Renault - $1,062,742
Toro Rosso - $1,029,364
Racing Point - $962,608
Alfa Romeo - $873,600
Haas - $712,273
Williams - $562,072

News Now - Sport News