Subscribe

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Autosport Plus

Discover premium content
Subscribe

Max Verstappen to be hit with shocking fee following 2023 Formula 1 success - how much will the drivers pay?

Max Verstappen will be hit by a shocking charge after securing his third Formula 1 world drivers' championship.

Sergio Perez, Red Bull Racing, Max Verstappen, Red Bull Racing, Lewis Hamilton, Mercedes-AMG, George Russell, Mercedes-AMG, the 2023 drivers line up on the grid

Photo by: Mark Sutton / Motorsport Images

Verstappen will be reportedly charged over €1.2 million to secure the superlicense he needs to compete again next year. The three-time world champion won 19 of the 22 races in 2023 which, with licenses increasing in cost for every point a driver scores, will result in a massive charge from the FIA.

Thankfully for Verstappen though, the hefty fee for next year won’t be paid by himself, as he revealed: “The team pays that, fortunately.” He also told Dutch broadcaster Viaplay: “I do think there should be some normal ratio in that. But you know, things like that get written down, and I don’t think anybody expected that there would end up being that many points scored.”

Red Bull is the only team to confirm they will pay the superlicence fee for Verstappen and it is not known whether his team-mate Sergio Perez or other drivers will have to pay their own fees. 

Verstappen finished the season with 575 points in 2023, which is the most points ever secured by a driver in a season. However, Verstappen’s dominance has left the driver with an eye-watering cost to ensure he can drive next year. 

The Dutchman had previously branded the costs as “absurd” where he added: “I don’t think it’s right that we have to pay so much. It’s not the case in other sports either. And there are more and more races.” 

Fortunately for Red Bull the driver salaries and fees are not included in the FIA’s budget cap which ensures teams limit spending and gives a more level playing field to each team. Team principal Christian Horner also told Viaplay: “I mean, it’s a luxury problem to have because we’ve had to score the points to generate the invoice. Thankfully, it’s outside of the budget cap. But yeah, it’s a big cheque to be writing to the FIA.” 

What is a superlicence?

An FIA superlicence is the highest type of licence available and is a mandatory requirement by any driver who wants to compete in Formula 1. The licence is awarded to drivers by the F1 governing body, the FIA.

The superlicence was first introduced in the 1990s, but a governing age was added in 2015, following Verstappen’s debut in 2015. Verstappen was 17 years and 166 days old when he first made his F1 debut, with the FIA adding the rule to prevent potentially unsafe and inexperienced drivers from competing.

Max Verstappen, Toro Rosso

Photo by: Sutton Images

Max Verstappen, Toro Rosso

How do you get a superlicence?

Drivers must complete a series of requirements to be rewarded their superlicence, including being at least 18 years old when they would first compete in F1, hold a valid driving licence and pass an FIA theory test of the F1 sporting codes and regulations.

Those who have held a superlicence for the previous three seasons are still eligible to apply for a new one if they plan to make their return to F1. This means that drivers such as Nyck De Vries, who was dropped from AlphaTauri in the first half of the 2023 season, could reapply for their superlicence and make his F1 return in the next few years.

How much does a superlicence cost?

The mandatory superlicence reportedly consists of a €10,400 base figure that every driver must pay to ensure they can compete in the following season. There is also a reported additional charge of €2,100 for every point scored in the season that has just passed.

How much will Verstappen have to pay for his superlicence for 2024?

Verstappen secured 575 points in the 2023 season which comes with a staggering additional cost to the drivers superlicence, with each point achieved costing the driver an additional €2,100. Having scored 575 points in 2023, Verstappen’s licence fee is sat at €1,217,900.

How much will the F1 drivers pay for their superlicence for 2024?

Here’s the full list of how much each driver will reportedly have to pay for their 2024 superlicence:

Name 

Points  

Total Cost 

Max Verstappen 

575 

€1,217,900 

Sergio Perez 

285 

€608,900 

Lewis Hamilton 

234 

€501,800 

Fernando Alonso 

206 

€443,000 

Charles Leclerc 

206 

€443,000 

Lando Norris 

205 

€440,900 

Carlos Sainz 

200 

€430,400 

George Russell 

175 

€377,900 

Oscar Piastri 

97 

€214,100 

Lance Stroll 

74 

€165,800 

Pierre Gasly 

62 

€140,600 

Esteban Ocon 

58 

€132,200 

Alex Albon 

27 

€67,100 

Yuki Tsunoda 

17 

€46,100 

Valtteri Bottas 

10 

€31,400 

Nico Hulkenberg 

€29,300 

Daniel Ricciardo 

€23,000 

Zhou Guanyu 

€23,000 

Kevin Magnussen 

€16,700 

Liam Lawson 

€14,600 

Logan Sargeant 

€12,500 

Be part of the Autosport community

Join the conversation
Previous article New CEO reaffirms Audi's commitment to join F1 in 2026
Next article When F1's heavy-handed charm offensive has left a bad taste

Top Comments

There are no comments at the moment. Would you like to write one?

Sign up for free

  • Get quick access to your favorite articles

  • Manage alerts on breaking news and favorite drivers

  • Make your voice heard with article commenting.

Autosport Plus

Discover premium content
Subscribe