Max Verstappen’s incredible success on the track comes with a hefty price tag, as he will have to pay over a million dollars for his F1 super license in 2024.
The F1 super license is a necessary requirement for drivers, but it also comes with a significant cost. In order to race in F1 in 2023, drivers must pay a base fee of 10,400 euros, plus an additional 2,100 euros for each point they accumulate in the 2022 season (Max Verstappen will be paying a record-breaking amount for his 2023 participation).
According to Speedcafe, these fees will be increased significantly before 2024 due to rising inflation. With Max Verstappen already earning 524 points, the projected cost for his super license in 2024 could reach a staggering 1,188,556 euros.
Prior to the current season, Max Verstappen expressed his dissatisfaction with the amount the FIA requires drivers to pay for participating in Formula 1.
“I find the amount absurd,” Verstappen told the Austrian channel Servus TV last February. “I don’t think it’s fair that we have to pay such exorbitant fees. Other sports don’t have this requirement, and the number of races is increasing.”
However, Max Verstappen’s concerns may be mitigated by the assistance of Dr. Helmut Marko.
“I’m afraid we have to pay that, if I remember our contract correctly,” said the Austrian, his face showing a hint of concern.