F1 2024 entry fees: The jaw-dropping invoices for every team

The FIA have updated their Sporting Regulations and added a 6.5% increase (the US Consumer Price Index) to the entry fee required from each team next season.

The winners of the constructors’ championship, Red Bull, must fork out $657,837 (£543,294) plus an additional $7,893 (6,518.67) per point scored this year.

The other teams must pay $657,837 (£543,294) plus an additional $6,575 (£5,429).

So, based on every team's final points tally following the F1 Abu Dhabi Grand Prix, the invoices stand at...

• Red Bull - $7,445,817
• Mercedes - $3,347,012
• Ferrari - $3,327,287
• McLaren - $2,643,747
• Aston Martin - $2,498,837
• Alpine - $1,446,837
• Williams - $841,937
• AlphaTauri - $822,212
• Alfa Romeo - $763,037
• Haas - $736,737

Due to their incredible campaign, Red Bull are due to pay more than double what Mercedes will pay to enter 2024.

The full sum for entry into the 2024 F1 season must be paid by December 10, 2023.