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Formula One's Lucrative Entry Fees

Who knew that racing in the most prestigious championships in the world would cost so much for the teams? It would stand to reason that with the lavish prize they give out, they need a lot of money to fund the whole thing.

The entry fees include a base amount of $546,000. Then the points each team gained the previous season are multiplied by around $6500 and $5500 for the champion and the other racers, respectively which are added to the base amount. Here is a list of how much each team needs to pay for their entry fees in 2019.

(Image credit: Chuttersnap/Unsplash)

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