| 18 January |
The price of admission |
Descending from Scottish heritage I can tell you that laying out hundreds of dollars for a ticket to an F1 race causes my heart to ache. I take some consolation though when a race is as exciting as the 2007 Montreal Grand Prix but decidedly not from a race like the catastrophe that was the 2005 USGP.
But, imagine yourself having to shell out nearly a quarter million euro to get through the gates. That’s exactly what Kimi Raikkonen will have to pay this year to race in F1. Lewis Hamilton and Fernando Alonso will be paying nearly as much. Its all because of the new costs for an FIA issued super-license.
For the privilege of racing in the upcoming season, drivers will have to pay a flat fee of €10,000 plus an additional 2000€ for each point they scored during the 2007 season. The previous rates were €1690 plus another €447 for each point earned the previous year. For Raikkonen, that works out to €230,000 in super-license fees for 2008 while under the old licensing model, Kimi would only have had to pay €50,860. For the entire grid to license itself this season (22 drivers including 3 rookies) the total will be €1, 504,000. Quite the cash cow for the FIA.
The speculation behind this raise in fees is that it will help deter unqualified drivers from obtaining a super-license. I think that the FIA could prevent unqualified drivers from obtaining a super-license by just saying “No” to the applicant. In 2001, the FIA did this in the case of then rookie, Kimi Raikkonen whom they considered to be too inexperienced to race in F1. They ended up only issuing him a probationary license.
Even if they looked rather stupid after the fact in the case of Raikkonen - he scored a point in his debut, the FIA still stepped in as the regulator of the sport and evaluated the driver regardless of whether or not the fee had been paid. Could they not carry out the same process with any driver who applied to race in Formula 1?
Instead of consistently enforcing rules that would only allow the qualified onto the grid, the FIA has happily allowed the likes of Gaston Mazzacane, Alex Yoong and Yuji Ide into the exclusive ranks of Formula 1 drivers. Pay drivers like these three typically bring millions of dollars into a backmarker F1 team each year through their personal sponsorship deals with companies. Raising licensing fees, even as drastically as the governing body have done for 2008 will not keep pay drivers out of F1, it only insures a bigger slice of the pie for the FIA.
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