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Formula One teams pay entry fees of $500,000, plus $5,000 per point scored the previous year or $6,000 per point for the winner of the Constructors' Championship. Formula One drivers pay a FIA Super Licence fee, which in 2013 was €10,000 plus €1,000 per point. [222] There have been controversies with the way profits are shared among the teams.
A team that relies too heavily on pay drivers can enter a downwards spiral; a pay driver may scare off sponsors, [2] which makes the team more dependent on that pay driver. For example, after wealthy Brazilian driver Pedro Diniz left the Forti team for Ligier after the 1995 season, Forti withdrew from Formula One midway through 1996 .
The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...
List of Formula One Grand Prix winners; List of Formula One polesitters; List of Formula One drivers who set a fastest lap; The driver's article; Articles in the Formula One drivers by country series (on the all time sections when present and the infobox) for drivers who have not raced in the past two seasons, or who have announced their ...
The 21-year-old German could wrap up the Formula Two championship in Bahrain this weekend. Michael Schumacher’s son Mick given Haas race seat for 2021 Formula One season Skip to main content
[12] 2009 Formula 1 World Driver's Champion Jenson Button objected, and expressed his position that all current F1 drivers should pay the same flat fee for their super licences: Personally I don't feel that we should be paying different super licence fees for different drivers and different point situations.
As Max Verstappen can wrap up the 2024 Formula 1 driver’s title this weekend in Las Vegas, the constructor’s championship is likely to go to the final race of the season. And Red Bull has very ...
The most recent driver to make their Formula One debut is Jack Doohan, who debuted at the 2024 Abu Dhabi Grand Prix. [ 18 ] This list includes all drivers who have entered a World Championship race, including participants of the Indianapolis 500 between 1950 and 1960 when it was part of the World Championship (although not being run according ...