Checo Pérez’s Formula 1 license for the 2024
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Checo Pérez’s Formula 1 license for the 2024 season will come with a high cost, considering the points he accumulates.
In this regard, competing in Formula 1 can become a significant expense for drivers, who have to pay the FIA for each point earned throughout the season.
Checo Pérez’s Formula 1 license will require the Mexican driver to disburse over 10 million pesos for the 2024 season.
It is essential to note that the native of Guadalajara has accumulated 258 points in the championship, and the amount of money Checo Pérez will have to pay for the 2024 campaign could increase.
This is because there are still 52 points at stake with the pending races in Las Vegas and Abu Dhabi.
Bianca Garloff, a journalist from Auto Bild Magazin, revealed that each driver has to meet a base fee of 10,400 euros, and this amount increases for every point they earn throughout the year.
Checo Pérez’s Formula 1 license
For 2023, the journalist pointed out that the amount given for each point is 2,100 euros, equivalent to 40,000 pesos. This amount has resulted in Checo Pérez’s Formula 1 license, up to this point, totaling 552,200 euros, translating to 10,507,315 pesos.
Max Verstappen’s season will set a record amount of money paid to the FIA, as the three-time world champion has 524 points, which translates to 1,188,556 dollars.
On the other hand, he could add two more victories to the season given his dominance in the category.
Reports from some specialized media indicate that the fee set by the FIA increased by 7% this year, so Max Verstappen could pay up to 1.3 million euros, representing 24 million pesos.
We recall that the Formula 1 Superlicense requires some requirements:
- Being at least 18 years old
- Holding a driver’s license
- An impeccable driving record
- Having an international Grade A license as a pilot
- Passing a written test
- Competing for at least two years
- Completing at least 300 km of testing in a Formula 1 car
- Accumulating 40 points in the Superlicense points system
- Being able to afford it, as its price ranges from 10,000 to 20,000 euros.
Also read: Checo Pérez Misses the Podium by 53 Thousandths in the 2023 Brazilian Grand Prix.