15 replies to this topic

[Murdoch]

I've been looking for a list but Google has let me down

I assume the 'list' (as it were) is not available for public consumption?

[Lotus53B]

Too much, is a simple answer

[Amphicar]

I've been looking for a list but Google has let me down

I assume the 'list' (as it were) is not available for public consumption?

Each promoter strikes an individual deal with Bernie Ecclestone and the details of the deal (apart from the length of the contract) are normally treated as commercially confidential. However the value (to CVC) of some deals has become public - for example, the 17 year deal agreed by the BRDC in 2009 is reputedly worth £310 million and it is generally thought that Monaco pays nothing, such is the glamour and prestige of the Monaco Grand Prix.

[RobertoLarcos]

It was revealed recently (leaked by an anti-F1 newspaper!) that Melbourne pays about $30m (Australian) each year to Bernie, which increases by 5% per year apparently.

As the previous poster said, the sanctioning fees are usually kept secret.

A quick google search suggests that Singapore has the highest fees on the calendar, at around $60m (US) per year


Edited for links:

Oz (almost certainly correct)

Singapore (likely pure speculation though)

This link also has rough figures (in US$) for Bahrain (37m), Silverstone (18m) and the US (23m).

Edited by RobertoLarcos, 07 March 2013 - 11:47.

[HuddersfieldTerrier1986]

Also true that most (all?) races have a rising escalator. Not sure if it's the same amount for each circuit, but as a general rule of thumb, they have a rising escalator built in. With Monaco being the only 'free' race on the calendar as it were, that's likely the only race that doesnt, given that as far as I know, it still doesn't pay anything.

[onemoresolo]

Silverstone reportedly paid £11.6m in 2011, rising by 5% each year. Assuming that is compound, this year's fee will be about £12.8m. Source

Korea around $53m Source

Edited by Gareth, 07 March 2013 - 14:44.

[Murdoch]

So far then we have (in sterling):-

Australia - 19.9 PA
Korea - 35 PA
Britain - 12.8 PA
Monaco - Zilch PA
Singapore - 39.8m

[onemoresolo]

Might be worth updating the original post with what fees people can find (obviously all speculation) so that people have a quick point of reference? It'd be interesting if we can get decent estimates for all of the tracks.

[onemoresolo]

Bahrain $40m Source

Singapore $12m Source (I think previous one was hosting fee and cost of actually running the weekend, so total cost, rather than hosting alone)

Circuit of the Americas $25m Source

China "less than previous $40m" Source ($35m would be my estimate)

Edited by onemoresolo, 07 March 2013 - 11:36.

[r4mses]

in 2011 racingblog.de claimed it was

- Hockenheimring $9-12m (after Bernie's discount)
- Montreal $22m
- Korea (similar to the Arabic states) $30m

[HuddersfieldTerrier1986]

Remember Murdoch in your 'so far' post that that's estimates, and for this year only, due to the escalator in effect on pretty much all fee paying contracts.

[RobertoLarcos]

Singapore $12m Source (I think previous one was hosting fee and cost of actually running the weekend, so total cost, rather than hosting alone)

$12m seems rather low for a sanctioning fee for Singapore, given that the new races tend to pay higher fees.

Unless Bernie somehow gives Singapore a cut in the race fees, since it's such an important event for F1 in terms of sponsorship and other commercial deals. Unlikely though!

Interesting thread

[Amphicar]

$12m seems rather low for a sanctioning fee for Singapore, given that the new races tend to pay higher fees.

Unless Bernie somehow gives Singapore a cut in the race fees, since it's such an important event for F1 in terms of sponsorship and other commercial deals. Unlikely though!

Interesting thread

A couple more sources quoting guesstimates for the Singapore sanction fee:

1) The Age (Aus) says $62.5 million http://www.theage.co...90313-8xxq.html

2) Asiaone (Singapore) says $35-40 million http://www.asiaone.c...921-372945.html

The Age article also suggests that the average race sanctioning fee is $37 million.

Of course, if you have £349 to spare you could buy a copy of Formula Money, which claims to include a complete schedule of race sanction fees as of 2010 http://www.formulamoney.com/intro.html

[Craigster]

Not sure about the charges of each individual race but this claims that the total fees in 2011 were 512 million Dollars which is 27 million on average
http://www.autoweek....15/f1/121119903

[BigCHrome]

Too much, is a simple answer

[sennafan]

Belgium has got a big reduction on the price but are not allowed to say how much.