Max Verstappen enjoyed a fantastic year of racing in F1 this year as he won 19 of the 22 races. However, his success is going to cost him dearly as the three-time world champion is expected to shell out a whopping $1.4 million for his 2024 super license under the FIA regulations, per Speedcafe.com.
Verstappen scored 575 points in his RB19 this year. The number of points he scored becomes a crucial part of his super license fee calculations. While the exact figures are yet to be confirmed, the base fee for a super license is expected to rise by 7% for next year once all amounts are adjusted to inflation.
Breaking F1 Record! Max Verstappen faces an unprecedented €1.188M super license fee for 2024. Is F1’s cost of success too high? Share your thoughts! #F1 #Verstappen #SuperLicenseFee
Join the discussion! pic.twitter.com/e217qt3YAw— Formula 1nform (@F1nform) November 10, 2023
According to the report, the base fee for a 2024 super license is going to cost around $12,170 for Verstappen. On top of that, the Dutchman is going to have to pay an additional $2,457 (approx.) for every championship point he has earned in 2023. Hence, the $1.4 million figure.
While Verstappen will have to pay more than a million dollars, Red Bull are expected to pay the FIA $7.4 million for winning the Constructors’ Championship. Since F1 is one of the only sports where the competitors have to pay to compete, Verstappen is not a fan of the same.
Max Verstappen is frustrated by “absurd” FIA mandate
2023 isn’t the only year when Max Verstappen has had to pay the FIA a million dollars. After successfully defending his title in 2022 with 454 points, the Dutchman paid an eye-watering $1,054,103 for his 2023 super license.
He wasn’t too pleased about it as he slammed this FIA mandate by saying, “I think the sum is absurd. I don’t think it’s right that we have to pay so much. That’s not the case in other sports either. And there are more and more races”.
F1: Verstappen must pay $1.04 million to race in F1 in 2023 – https://t.co/BQzqIYEv96
World Champion Max Verstappen will be required to pay the highest Super License fee in Formula 1 history in order to race in the 2023 season, as he goes in search of a third Drivers’ title i… pic.twitter.com/5loPYELpiJ— AutoRacing1.com (@AutoRacing1) January 12, 2023
His rivals, on the other hand, have to pay much lesser. Since Sergio Perez scored only 258 points in 2023, he will have to pay $646,214, which is $753,786 less than Verstappen’s burden. Meanwhile, Lewis Hamilton has to pay $567,573 after finishing third in the championship with 226 points.