Saturday, November 3, 2012

Red Bull accepts entry fee hike

Red Bull says it has little choice but to accept the dramatic hike in entry fees it is facing to compete in Formula 1 next year. As AUTOSPORT originally revealed, the FIA has pushed through an overhaul of the entry fee system for 2013 - which will result in a championship-winning team like Red Bull facing a cost of more than $4 million USD to compete.

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/red-bull-accepts-entry-fee-hike

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