FIA Superlicense gets exponential increase in price

Never mind all the adrenaline, the horsepower and the glory. The coolest part of being an F1 driver could very well be the Superlicense. That's the prerequisite certification that any F1 driver needs to get from the FIA before driving in Formula One. Now, however, the World Motorsport Council has decided to raise the fees, and not by a little, either.

Until now, the standard fee for a Superlicense was €1,690 for a newcomer – a sizeable chunk of money compared to the standard fee that you and I pay down at the DMV, but not entirely unreasonable in relation to all the money being spent in F1 altogether. On top of the base fee is an additional €447 for each championship point scored in the previous season by a returning driver. The new fee structure, however, has gone up exponentially: €10,000 base fee, plus €2,000 per championship point. That means that for Kimi Raikkonen to get recertified after having won the championship last year, he'll have to pay €230,000 (over $336k) – that's a staggering €199,255 more than last year. Gulp.

Sure, that's no big deal for a driver pulling in millions each year, and the teams will likely pick up the fee for their drivers. But it does seem to run counter to the cost-cutting measures that the FIA itself has been putting in place.

[Source: Autosport]

Reader Comments (Page 1 of 1)








Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

Featured Galleries

  • 2011 Chevrolet Cruze
  • 2011 BMW 5 Series sedan
  • Texas unveils new Vanity Plates
  • Spy Shots: Next-gen Buick Excelle for China
  • 2011 Cadillac CTS Coupe
  • Hyundai 2.4L Theta-II GDI
  • Ginetta G50EV and John Surtees at the Channel Tunnel
  • 2010 Toyota Land Cruiser
  • Review: 2009 Infiniti G37x S Sedan
  • Quick Spin: Superformance MKIII-R
  • 2011 Buick Regal Live Unveiling
  • BMW Concept 6

AOL Autos

Find Your Next Car

Autoblog Video


Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum