The FIA has announced a dramatic rise in the entry fees for the 2013 Formula One World Championship, with a new system being introduced that will see the fee paid being dependent on past performance.
Previously, teams paid a standard entry fee each year, with the figure being set at 309,000 Euro – or around $398,000 US - for the 2012 season.
That means the FIA would have taken a total of almost $4.8 million in entry fees from the twelve teams for the current campaign.
Under the revised fees however, teams will pay a flat fee of $500,000 US with additional payments beyond that dependent on championship positions this season.
The winning team in the constructors' championship will be forced to pay an additional $6,000 US for each point scored this season, while remaining teams will pay an additional $5,000 US for every championship point.
While that means the likes of Marussia, Caterham and HRT are set to pay the basic entry of $500,000, Red Bull already face the prospect of paying more than $2.9 million with three races still to run this season.
Had the rule been in place this season, Red Bull would have faced an entry fee of $4.4 million thanks to its success in 2011 while McLaren – who finished second in 2011 – would have paid $2.985 million.
The entry fees currently facing the teams, based on the championship standings heading into the Abu Dhabi GP are as follows:
1. Red Bull Racing
7. Force India
9. Toro Rosso