Which Grand Prix pays the highest host fee to F1?
Cities and race circuits pay massive sums every year to host an F1 Grand Prix.
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Charles Leclerc and Max Verstappen at Las Vegas GP (Via IMAGO)
Multiple racing destinations on the current F1 calendar have a lot of history and racing legacy. Venues such as Monaco, and Spa-Francorchamps have been part of the sport for a very long time now. F1 secures long-term deals with various cities and circuits for hosting rights of the races in massive contracts.
Additionally, racing destinations for a singular country often change after a few years. For example, Madrid’s upcoming street circuit would host the Spanish Grand Prix instead of Circuit de Barcelona. Hence, F1 continuously upgrades its calendar to make the sport and races more exciting. Notably, F1 has been increasing American involvement in the sport. As millions of new fans in the US have started watching the pinnacle of motorsport.
The venues hosting an F1 Grand Prix pay an annual fee to the sport for this privilege. Although the exact deals aren’t revealed, sources estimate them based on the sport’s annual generated revenue. Currently, the Losail Circuit in Qatar and the Baku Circuit in Azerbaijan both pay $55 Million as an annual fee to host a race in the country during an F1 season. Additionally, depending on the revenue and attendance, subsequent countries also pay specific amounts to F1 for hosting the races.
What do other countries pay F1 for hosting the races?
The three American races are the ones with a lot of show and glamor to the races during the race weekend. Hence, F1 exclusively owns the hosting of the Las Vegas GP, and it collaborates to host the Miami GP. The respective state of Texas hosts the US GP with a contract lasting up to at least 2026 for the COTA race.
Other tracks such as the Sakhir International Circuit pay an estimated $45 Million for hosting the Bahrain GP with the contract lasting up to at least 2036. The majority of the circuits pay an estimated $ 20-40 million. Here is a table with all the countries and their corresponding contracts.
| Country | Circuit | Approximate annual fee ($) | Contract expiration year |
| Bahrain | Sakhir | $45 Million | 2036 |
| Saudi Arabia | Jeddah | $55 Million | 2030 |
| Australia | Albert Park | $35 Million | 2037 |
| Japan | Suzuka | $25 Million | 2024 |
| China | Shanghai | $50 Million | 2025 |
| US | Miami | Collaboration with F1 | 2031 |
| Italy | Imola | $20 Million | 2025 |
| Monaco | Monte Carlo | $15 Million | 2025 |
| Canada | Montreal | $30 Million | 2031 |
| Spain | Madrid | N/A (yet to be unveiled) | 2035 |
| Austria | Red Bull Ring | $25 Million | 2030 |
| Great Britain | Silverstone | $25 Million | 2024 |
| Hungary | Hungaroring | $40 Million | 2032 |
| Belgium | Spa | $22 Million | 2025 |
| Netherlands | Zandvoort | $32 Million | 2025 |
| Italy | Monza | $25 Million | 2025 |
| Azerbaijan | Baku | $55 Million | 2026 |
| Singapore | Marina Bay | $35 Million | 2028 |
| US | Austin | $25 Million | 2026 |
| Mexico | H. Rodriguez | $25 Million | 2025 |
| Brazil | Interlagos | $25 Million | 2030 |
| US | Las Vegas | Owned by F1 | 2025/2032 |
| Qatar | Losail | $55 Million | 2032 |
| Abu Dhabi | Yas Marina | $40 Million | 2030 |
Some other circuits such as the Suzuka circuit in Japan and the Silverstone circuit in Britain have expiring contracts in 2024. Hence, a renewal for these destinations is in the works as these circuits are also very imperative to the sport of Formula 1.
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Aditya Pandya
(1440 Articles Published)