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Red Bull to pay whopping F1 entry fee for 2024

There is one less pleasant side to Red Bull Racing and Max Verstappen's record season. Each team's entry fee for the next F1 season is determined by the number of points gained in the previous season. For Red Bull, a record season, but also a record entry fee. Drivers also pay a kind of entry fee on their points earned in Formula 1. So Max Verstappen is already expected to pay a record amount this year. The Dutchman is even expected to break the "magic limit" of 1 million for renewing his F1 superlicence. Where Verstappen pays for his licence, his team pays for re-registration to the F1 championship
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