2021 Formula 1 entry fees confirmed by FIA Date published: December 18 2020 The FIA have finalised the entry fees which teams will be required to pay for the upcoming 2021 Formula 1 season. $556,509 was the basic total which a team had to pay to take part in the 2020 season, and then additional sums were calculated based on every point that team scored in the previous year’s Championship. That basic rate has now risen to $569,308 for the 2021 campaign, a 2.3% increase in line with the inflation rate in the United States, with a fee for each point scored in 2020 then calculated. Since Mercedes won the 2020 Constructors’ Championship, the seventh time in a row they have collected that prize, their sum for points scored increases compared to the remaining teams.