The 2023 Formula 1 season is about to begin. For teams and drivers, this year will prove to be the toughest with 23 races on the cards. Flagging off in Bahrain on 5 March, the season will end at the finale on 26 November at Abu Dhabi. For fans though it will be an exciting season, but also an expensive one because attending Formula 1 Grand Prix races comes at a steep price.
Thanks to a recent study, we can now ascertain, which are the most expensive Formula 1 Grand Prix races to attend in 2023. By analysing the average prices of weekend tickets for each race on the 2023 calendar as well as the average cost of accommodation in the same area, the study reveals just how much it costs to attend each race.
Most expensive Formula 1 races in 2023
It comes at no surprise that the most expensive race to attend this year is the Las Vegas GP. Taking place from 16-18 November, the debut race in ‘Sin City’ costs an average £5,849 (INR 5,85,805.25) for the weekend. A three-day general admission ticket for the Last Vegas GP costs SGD665 to SGD15,995 (INR 40,654.90 – INR 9,77,857.36) for the top range “F1 Experiences Champions Club 3-Day Package”. Average costs for a stay during race weekend is around SGD1,099 (INR 67,172.15).
The United States claims the rights to both the second and third priciest Grand Prix races on the 2023 calendar. The Miami Grand Prix held from 5-7 May costs an average of £3,817 (INR 3,82,342.02) with stays averaging around INR 1,09,897.21. Austin, Texas, which hosts Round 19 of the 2023 season from 20-22 October averages at £3,064 (INR 3,06,950.83). Accommodations in Austin for the weekend, average at SGD960 (INR 58,704.39).
Further down on the list, the Azerbaijan Grand Prix in Baku (28 to 30 April) comes in fourth with a total average cost of £3,064 (INR 3,06,972.03) for the weekend. The top five closes with the Saudi Arabian GP which will take place from the 17th to the 19th of March in Jeddah. Average costs for the weekend to attend this Formula 1 race will cost £2,716 (INR 2,72,103.93).
In case you’re wondering where Singapore ranks on the list of most expensive Formula 1 Grand Prix races of 2023, well it comes in at number nine. The average price to attend the Singapore Grand Prix from 15-17 September is INR 2,93,592.99.
Hero image: Courtesy Abed Ismail/Pexels; Featured image: Courtesy Hanson Lu/Unsplash
(All £ conversions done at the time of writing)
This story first appeared on Augustman Singapore.