P1racenews AI automatic summary:
Just how much has each Formula 1 team paid to race in 2024?
In 2024, each Formula 1 team paid an entry fee based on the number of points they scored in the previous season. The base fee was $657,837, with an additional $6,575 per point and $7,893 per point for the constructors’ champion. Red Bull, having an exceptional season, faced the highest entry fee ever paid by a team. Mercedes’ entry fee was significantly lower than in previous years, as they finished second in the constructors’ standings. Ferrari saved money by finishing behind Mercedes. McLaren made a strong recovery after a difficult start to the season. Aston Martin had a remarkable season, but their entry fee did not reflect their early success. Alpine scored enough points but lacked consistency. Williams, despite starting with low expectations, had their highest points total since 2017. AlphaTauri missed out on seventh place in the constructors’ championship but added to their entry fee for 2024. Alfa Romeo missed opportunities to score points. Haas had the lowest entry fee due to their poor performance.
