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The price of success: Mercedes to pay record F1 entrance fee

Mercedes will pay Formula 1's highest-ever entrance fee for the 2020 FIA Formula 1 World Championship following its sixth successive Constructors' title victory. The entrance fee is calculated based on a standard fee plus a value assigned to each championship point scored over the course of the previous season, with the champions hit by a higher per-point rate than its rivals. Mercedes, which scored 739 points over the course of the 2019 season, must pay the base rate of $556,509, plus $6,677 per point, giving a total entry fee of $5,490,812 – which beats the previous record of $4,934,303, also set by Mercedes in 2016 when it scored a record points tally of 765. The...
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