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Mercedes pays $4.87m in 2016 entry fees
– Reigning World Champions Mercedes' entry fee for the 2016 season is almost $5 million, as a result of its success in the 2015 campaign.Prior to the start of 2013, an amended system mandated every team to pay a flat entry fee of $516,128 – indexed by the US CPI [Consumer Price Index] – in addition to a sliding scale depending on its success in the previous Formula 1 season.The Constructors' Champions must pay $6,194 for every point scored, with the other teams having to hand over $5,161 per point.That means Mercedes, which accrued 703 points as it retained both Drivers' and Constructors' trophies in 2015, had to pay $4,870,510 by November 30.However, as it scored 701 points in...
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