The 2012 constructors champions Red Bull Racing currently face a $3.26 million entry fee to race in 2013.
The triple world champions have to pay so much thanks to a sharp increase in entry fee costs, in the hope of the FIA gaining more revenue.
The deadline for entering the F1 2013 season closes today (Friday 30th November) at midnight. Whilst Red Bull have the funds to enter, back markers HRT, who are currently up for sale, do not have the money to pay for the fee unless they find a late buyer.
The new structure replaces the 309,000 Euro (or $400,000) fee where there was a sliding the scale, constructors champions at the top and a 12 place finishers at the bottom.
Now each team must make a basic payment of $500,000 before an additional $6,000 per point for the constructors champions and $5,000 for all the other teams.
The rise in fee's has caused some controversy within Formula 1, but FIA boss Jean Todt thinks the new scheme is much fairer.
Talking to Autosport, he said "The smallest teams will pay less, as they will pay $500,000 - $800,000. So that is about six teams out of 12, the biggest teams with the biggest revenues will pay more,"
"I feel in any democratic country you are paying your taxes depending on your income. So it will generate about 30 per cent more from this side."
Red Bull have already lodged their huge sum for 2013, but HRT's fate is less likely.
(c) Autosport
The full scale of fees for the 12 F1 teams is:
 |
| (c) Octane Photographic |
The deadline for entering the F1 2013 season closes today (Friday 30th November) at midnight. Whilst Red Bull have the funds to enter, back markers HRT, who are currently up for sale, do not have the money to pay for the fee unless they find a late buyer.
The new structure replaces the 309,000 Euro (or $400,000) fee where there was a sliding the scale, constructors champions at the top and a 12 place finishers at the bottom.
Now each team must make a basic payment of $500,000 before an additional $6,000 per point for the constructors champions and $5,000 for all the other teams.
The rise in fee's has caused some controversy within Formula 1, but FIA boss Jean Todt thinks the new scheme is much fairer.
Talking to Autosport, he said "The smallest teams will pay less, as they will pay $500,000 - $800,000. So that is about six teams out of 12, the biggest teams with the biggest revenues will pay more,"
"I feel in any democratic country you are paying your taxes depending on your income. So it will generate about 30 per cent more from this side."
Red Bull have already lodged their huge sum for 2013, but HRT's fate is less likely.
(c) Autosport
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
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