New dynamic pricing system sees $183 rise in 2023 British GP ticket within 20 minutes

The tickets for the 2023 British GP went on sale recently, causing a stir among the fans with its new dynamic pricing system.

Earlier this month, Silverstone announced that the tickets for the 2023 British GP would be online soon but with a new dynamic pricing system. This meant that the prices of the keys would increase based on demand.

The cheapest ticket that covers FP1 and FP2 costs $100. 3-day General Admission tickets, in which fans will only get to watch the race on a giant screen, costs $250. Meanwhile, the cheapest grandstand ticket costs $335.

When tickets went on sale, Silverstone had announced that the prices would increase as the tickets sold out, and therefore they would keep bumping the prices and refresh the system every 90 seconds.

There is also a $114 early bird offer that will offer fans to buy tickets 48 hours before the sale and get notifications.

Within 20 minutes, this dynamic system saw an increase of $183 in ticket price. The prices jumped from $400 to $583 for a seat at the national pits straight.

Also Read: British GP to lure prospective customers with luxury apartments overlooking the circuit

2023 British GP has disappointed the F1 fans

The exorbitant prices disappointed the fans as it has become relatively inaccessible. Besides the surging ticket prices, even the hotel rooms near the circuit have gone out of budget for many F1 enthusiasts.

On F1 Twitter, a fan revealed that one night stay at the Holiday Inn in Milton-Keynes costs $575 for one room.

Also Read: F1 Twitter fumes over expensive 2023 British GP tickets starting at $250