F1’s high 10 most costly races as £533m internet hosting charges for 2022 circuits come to mild

Components One is a multi-billion pound trade, with the 2023 season set to be the biggest in the sport’s history.

Las Vegas was added to the calendar final week, with the street circuit around the city’s famous strip turning into the third United States monitor. The hosts of the races should pay extremely excessive charges to F1 with a purpose to host a weekend spherical of motion.

That is significantly the case with the newer tracks on the calendar, similar to Qatar, Saudi Arabia and Azerbaijan. Different offers are additionally nonetheless within the midst of renegotiations as F1 continues to reshape and reform its season.

In response to Racing News 365, the highest-paying tracks on the calendar are Saudi Arabia, Qatar and Azerbaijan, who pay £42million every to host a race. Qatar will host a race for not less than a decade from 2023, with Azerbaijan extending their contract till 2024 just lately.

The way forward for the Saudi Arabian Grand Prix stays very a lot up within the air, with the drivers making their unhappiness at racing in Jeddah clear final week. The Center East nation at the moment holds a contract till 2025 however that might change following discussions set to happen between F1 and the drivers.

China will return to the calendar from subsequent season, paying a £38m payment to take action. However the monitor for 2022 that pays the second-most sum of money to host a race is Bahrain, who pay a £34m payment.

Saudi Arabia pays £42million to host their grand prix

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Two tracks pay a £30.5m payment to host a weekend of elite motorsport, with Hungary becoming a member of Abu Dhabi. The latter nation has an unique contract with F1 that ensures that the Yas Marina circuit performs host to the ultimate spherical of the season.

Australia will return from a two-year break with out internet hosting a race by paying £26.7m to host the third spherical of the 2022 season every week on Sunday. It will likely be the primary time the redesigned Albert Park circuit in Melbourne is used for an F1 weekend.

Singapore additionally pay £26.7m for its races, having hosted the game’s first-ever evening race in 2008. The Netherlands hosted an F1 race for the primary time in 36 years final yr, with the banked-track at Zandvoort paying out £24.5m within the phrases of its contract.

Very similar to Australia, it has been two years since Canada hosted a race, on account of nation’s coronavirus restrictions. However they are going to pay £28.8m for the race to return to Montreal in June, rounding out the highest 10 most costly tracks.

How a lot every monitor pays to host an F1 race

Bahrain – £34m

Saudi Arabia – £42m

Australia – £26.7m

Italy (Emilia-Romagna) – £15m

US (Miami) – Unknown

Spain – £19m

Monaco – £11.5m

Azerbaijan – £42m

Canada – £28.8m

France – £16.8m

Austria – £19m

UK – £19m

Sergio Perez gained final season’s Azerbaijan Grand Prix

Hungary – £30.5m

Belgium – £16.8m

Netherlands £24.5m

Italy (Monza) – £19m

Singapore – £26.7m

Japan – £19m

Mexico – £19m

US (Austin) – £19m

Brazil – £19m

Abu Dhabi – £30.5m

China – £38m

Qatar – £42m

US (Las Vegas) – Unknown

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