Red Bull will have to pay almost £6 million as an entry fee before the start of the 2024 Formula 1 season - a record amount for any team.
The Milton Keynes-based outfit enjoyed a record-breaking season in which they racked up 21 race victories out of a possible 22, and scored a scintillating 860 points on their way to the constructors' championship.
In this sense, Red Bull are a victim of their own success as entry fees in the sport are judged off how many points teams score, and an extra surplus for being constructors' champions.
In 2013, it was decided as part of the Concorde Agreement that every team would pay a base entry fee of $500,000 (around £400,000) plus $5000 (around £4000) per point scored. The constructors’ champion would then pay another $6000.
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.
We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.