Max Verstappen’s Record-Breaking Investment: The FIA Fee That Redefines Formula 1

Max Verstappen’s Record-Breaking Investment: The FIA Fee That Redefines Formula 1

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Max Verstappen will have to pay a heavy sum to race in Formula 1 in 2024, having broken the record for most expensive super licence ever.

Max Verstappen had a record-breaking year, but there is one record he probably doesn’t want: having the most expensive super licence in Formula 1 history. Each driver must pay an entry fee based on their championship standings, and for the 2024 season, Verstappen will have to pay €1.2 million, or a little over £1 million GBP, because he scored 575 points in the previous season. This fee includes a base amount of €10,400 (£9,017 GBP) plus €2,100 (£1,820 GBP) per point. Other drivers’ fees will vary depending on their championship standings.

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