Azerbaijan pays more than any other country to host Formula One races, with an annual hosting fee of 57 million U.S. dollars. The circuit with the lowest annual hosting fee was Monaco's Monte Carlo, at 20 million U.S. dollars.
Fees paid to host Formula One races in 2023, by circuit
(in million U.S. dollars)
Characteristic
Hosting fee in million U.S. dollars
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RacingNews365. (February 9, 2023). Fees paid to host Formula One races in 2023, by circuit (in million U.S. dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1360331/formula-1-hosting-fees/
RacingNews365. "Fees paid to host Formula One races in 2023, by circuit (in million U.S. dollars)." Chart. February 9, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1360331/formula-1-hosting-fees/
RacingNews365. (2023). Fees paid to host Formula One races in 2023, by circuit (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1360331/formula-1-hosting-fees/
RacingNews365. "Fees Paid to Host Formula One Races in 2023, by Circuit (in Million U.S. Dollars)." Statista, Statista Inc., 9 Feb 2023, https://www.statista.com/statistics/1360331/formula-1-hosting-fees/
RacingNews365, Fees paid to host Formula One races in 2023, by circuit (in million U.S. dollars) Statista, https://www.statista.com/statistics/1360331/formula-1-hosting-fees/ (last visited July 27, 2024)
Fees paid to host Formula One races in 2023, by circuit (in million U.S. dollars) [Graph], RacingNews365, February 9, 2023. [Online]. Available: https://www.statista.com/statistics/1360331/formula-1-hosting-fees/