Most Expensive Formula 1 Grand Prix Revealed!
How much would it cost the average person to attend a Formula 1 event this year and which ones would set you back the most? We conducted a study to find out.
- Top 10 most expensive Formula 1 Grand Prix to attend
- The Las Vegas Grand Prix
- The Miami Grand Prix
- The United States Grand Prix
- The Azerbaijan Grand Prix
- The Saudi Arabian Grand Prix
- What is the most expensive Formula 1 Grand Prix to attend?
- Second and third most expensive F1 Grand Prix so far
- Where to travel to see the pricey F1 Grand Prix?
- What we learned from our most expensive F1 Grand Prix report?
Top 10 most expensive Formula 1 Grand Prix to attend
|Average ticket cost for the weekend
|Average accommodation cost for the weekend
|Total average cost
|United States (Austin)
How was the study conducted?
We analysed the average price of weekend tickets for each of the upcoming Grand Prix for the 2023 Championship and the average cost of accommodation in the same area to discover how much it costs to attend each race.
Formula 1 is synonymous with champagne, yacht parties and celebrities. Rock stars, sports stars, models and world leaders are often spotted at Grand Prix events around the world.
The Las Vegas Grand Prix
The Las Vegas Grand Prix, which will take place from the 16th to 18th of November 2023, ranks first in our list, with a total average cost of £5,849 for the weekend.
Las Vegas F1 Grand Prix tickets & accommodation
Tickets range from £413 for a 3-day general admission to a whopping £9,922 for the “F1 Experiences Champions Club 3-Day Package”, making the average cost for entrance £5,167.50.
Similarly, the cheapest accommodation cost for a weekend in Las Vegas is £124 for a hostel bed, while the most expensive, a 4 or 5-star hotel for three nights, will cost £1,240, for an average of £682.
The Miami Grand Prix
Second on the list is the Miami Grand Prix from May 5th to May 7th, 2023, with a total average cost of £3,817.50 for the whole weekend.
Miami Grand Prix total pricing
As general admission tickets for the event are around £488 while Champions Club 3-day packages are £5,786, the average entry fee will be around £3,317.
Accommodation-wise, a hostel bed in Miami is £124, while a 4-star hotel in Miami Beach is around £1,237, for an average of £680.50.
The United States Grand Prix
The United States Grand Prix in Austin, Texas, which will take place from the 20th to the 22nd of October, is the third most expensive, with a total average cost of £3,064.
The US Grand Prix spending value
This is the average cost for entry tickets which go from £392 to £4,546, for an average of £2,469, and the cost of accommodation in the city for the weekend, which ranges from £198 to £992, for an average of £595.
The Azerbaijan Grand Prix
Further down on the list, the Azerbaijan Grand Prix in Baku comes in fourth with a total average cost of £3,064 for the weekend.
The lowest ticket price available is £132, while the most expensive is around £4,878, for an average of £2,505.
At the same time, the average budget cost for accommodation is only £74, while a 4-star trackside hotel will cost £495 for three nights, for an average of £371.
The Saudi Arabian Grand Prix
The top five ends with the Saudi Arabian Grand Prix, which will take place from the 17th to the 19th of March in Jeddah, with the average cost for the weekend amounting to £2,716.50.
What is the price range for the Saudi Arabian Grand Prix?
General entry tickets are £124, while the most expensive tickets are £4,567, for an average of £2,345.5.
The cheapest accommodation in Jeddah costs around £123, while the most expensive is around £619, for an average of £371.
What is the most expensive Formula 1 Grand Prix to attend?
Our study found that the most expensive Formula 1 Grand Prix to attend this season will be the Las Vegas Grand Prix in November 2023.
Second and third most expensive F1 Grand Prix so far
The second-most expensive Grand Prix will be in Miami in May, while the third priciest Grand Prix will be the United States Grand Prix in Austin, which will take place in October.
Where to travel to see the pricey F1 Grand Prix?
Interestingly, out of all 23 Grand Prixes that will take place this year, the top three most expensive ones are those set to take place in the United States.
Why is the US a hotspot for F1 events?
This might be due to the high concentration of VIP guests that attend these events each year — such as actors, musicians and athletes.
The popularity that the sport is increasingly gaining in North America.
How much does it cost to attend the top five most expensive Formula 1 Grand Prix?
Our research found that, on average, it costs from £2,716.50 to £5,849 to attend a Formula 1 Grand Prix event in Las Vegas, Miami, the United States, Azerbaijan or Saudi Arabia.
What we learned from our most expensive F1 Grand Prix report?
For fans of the Formula 1 Grand Prix, the most expensive race to attend is the Las Vegas Grand Prix, followed by two other American races.
Given that the Las Vegas Grand Prix isn’t scheduled until November, that gives potential spectators time to save up.