F1 Grand Prix Hosting Fees 2026: Race Fees & Contracts Revealed

Cost of hosting Formula 1 Grand Prix has been increasing over the last two decades — It is now big part of F1’s global revenue. In fact combined 'race fee' paid by grand prix orgnizers from around the world makes it the largest revenue streams for Formula 1 second only to F1 TV rights deals.

Every grand prix promoter pays a sanctioning fee 'race fee' that can range from $25 million a-year to massive $60 million a-year depending on grand prix or part of the world its taking place. F1 can generate a total of $700 million per-year from race fee revenue which represent around 25% of F1's total yearly revenue. 

Monaco were paying the lowest race fee of only $15 per-year under the previous contract thanks to historic value. However Monaco and F1 signed long-term contract extension until 2035 where Monaco agreed to pay double the race fee every year.  

2026 F1 Grand Prix Hosting Fees Revealed: Cheapest vs Most Expensive Races Ranked

*The race fee numbers doing the rounds on different F1 sites/blogs are not Audited numbers. F1 keep their financial details very confidential and rarely some leaks.