Max Verstappen has earned his latest record in Formula 1 after winning the 2023 drivers’ championship. For the crime of winning the sport’s ultimate prize, the Dutchman will need to pay the highest ever fee to earn a super license to compete in the 2024 season.
The super license, among other criteria, expects drivers to pay a fee based on the amount of points they’ve scored in the previous F1 season and since Verstappen already holds the record for the most points in a season, he will pay the most money ever.
Verstappen will be the first to pay over a minimum of one million euros ($1,069,800m USD, or £871,700) as he quite literally pays for success.
The precise amount is yet to be determined but according to Speedcafe, he will pay €11,128 as a fixed sum and will have to cough up an extra €2247 per championship point amounting to €1,303,153 for his 2023 haul.
Verstappen is one of three drivers who will pay over €500,000 for their points scores, with his teammate Sergio Perez and his old rival, Lewis Hamilton, being the other two. However, as the world champion is on a salary reported to be in the region of €51m ($54m/£44m) it’s possible that he won’t even notice the money leaving his bank account.
Logan Sargeant is going to pay the least money, assuming he is renewed by Williams for the upcoming season, as he only scored one point in his rookie season which came at the United States Grand Prix.
When does Formula 1 return?
After a dominant performance by Verstappen in 2023 which no doubt left many fans bored, 2024 represents a new chance for McLaren, Mercedes, Ferrari and the rest of the chasing pack to force the Dutchman and his Red Bull team to work hard for any future victories.
But after a record 22 races including five races in seven weeks at the back end of the season, the teams and crews will enjoy a much needed rest and recharge with their families over the winter, or summer depending on their hemisphere.
Cars on track will return at pre-season testing which is scheduled for February 21 to February 23, 2024 in Sakhir. Competitive sessions get under the way at the 2024 Bahrain GP, which will take place on February 29 to March 2.
F1 2024 schedule
|February 29-March 2
|Saudi Arabian GP
|Emilia Romagna GP
|August 30-September 3
|Las Vegas GP
|November 29-December 1
|Abu Dhabi GP