It’s no secret that Formula One is one of the most lucrative sports of our time. Involving some of the most reputable brands in the world, it comes as no surprise that the 2023 F1 season will in fact be the longest-ever season, consisting of 24 races.
This season will also be expanding to new destinations such as Miami and Las Vegas, which have joined the list of host cities. With so many exciting locations to choose from, it begs the question – where are the most expensive F1 destinations and just how much does it really cost to be a Formula One fan today?
As one of the top bingo sites in the UK, the experts at Slingo decided to take a closer look at the different racing locations around the world for the 2023 season. By looking at various factors such as race tickets, hotel prices, flights and VIP experiences, we reveal the most expensive Formula One destination as well as the most affordable.
Most Expensive Formula One Destinations
1. Suzuka, Japan
Circuit: Suzuka International Racing Course
Average cost of ticket + hotel + flight: £4,899 | €5,467 | $5,899
In first place on our list as the most expensive Formula One destination is none other than the Suzuka International Racing Course. Located in Suzuka, Japan the average price of a ticket, a hotel and flights included costs approximately £4,899 (€5,467 | $5,899) in total.
2. Austin, Texas
Circuit: Circuit of the Americas
Average cost of ticket + hotel + flight: £4,423 | €4,938 | $5,330
The Circuit of the Americas situated in Austin, Texas ranks in second place. Following closely behind Japan, this Formula One destination costs an average of £4,423 (€4,938 | $5,330). This includes the cost of a race ticket as well as the hotel and flight prices.
3. Marina Bay, Singapore
Circuit: Singapore Circuit
Average cost of ticket + hotel + flight: £3,788 | €4,231| $4,563
The Singapore Circuit, located in the Marina Bay area comes in third place. Considering that Marina Bay is one of the most luxurious destinations in Singapore, it’s unsurprising that the full cost of a ticket, hotel and flights cost an average of £3,788 (€4,231| $4,563.
Most Affordable Formula One Destinations
1. Barcelona, Spain
Circuit: Circuit de Barcelona-Catalunya
Average cost of ticket + hotel + flight: £773 | €866 | $936
On the other hand, when it comes to more affordable Formula One destinations, the Circuit de Barcelona-Catalunya takes the top spot. Situated in one of Spain’s most popular cities, it costs just around £773 (€866 | $936) in total for a ticket, hotel and a return flight.
2. Spielberg, Austria
Circuit: Red Bull Ring - Spielberg
Average cost of ticket + hotel + flight: £922 | €1,031 | $1,112
The Red Bull Ring in Spielberg, Austria is also one of the more affordable options when it comes to the total price of a ticket, hotel and flights. On average it costs approximately £922 (€1,031 | $1,112).
3. Monza, Italy
Circuit: Monza Circuit
Average cost of ticket + hotel + flight: £1,143 | €1,278 | $1,381
The Italian Grand Prix, set to happen at the Monza Circuit, takes third place as one of the most affordable Formula One destinations. As a popular racecourse in Italy, it is also reasonably priced, the average cost of a race ticket, hotel and flight is approximately £1,143 ( €1,278 | $1,381) in total.
Most Expensive Formula One Tickets
1. Suzuka, Japan
Circuit: Suzuka International Racing Course
Average 3-day ticket price: £3,904 | €4,356 | $4,699
The destination with the most expensive Formula One ticket is Japan’s Suzuka International Racing Course. Famed for its figure eight layout, the cost of a three-day ticket at this circuit is priced at an average of £3,904 (€4,356 | $4,699).
2. Austin, Texas
Circuit: Circuit of the Americas
Average 3-day ticket price: £3,430 | €3,827 | $4,128
In second place is the Circuit of The Americas. Set on 1,500 acres in the rolling hills just outside downtown Austin, this popular racecourse has hosted the biggest names in racing. It, therefore, comes as no surprise that it is one of the most expensive Formula One destinations. The average three-day ticket price is £3,430 (€3,827 | $4,128).
3. Marina Bay, Singapore
Circuit: Singapore Circuit
Average 3-day ticket price: £2,811 | €3,136 | $3,383
Costing an average of £2,811 (€3,136 | $3,383) for a three-day ticket, the Singapore Circuit follows behind in third place. This street track is surrounded by the city’s famous skyline, making a spectacular backdrop. It’s, therefore, no wonder it makes it onto our list as having one of the most expensive tickets.
Most Affordable Formula One Tickets
1. Barcelona, Spain
Circuit: Circuit de Barcelona-Catalunya
Average 3-day ticket price: £353 | €394 | $425
The most affordable Formula One ticket on our list is the Circuit de Barcelona-Catalunya. With a capacity of 140,700, this all-rounder circuit costs just £353 (€394 | $425) on average for the three-day ticket price.
2. Spielberg, Austria
Circuit: Red Bull Ring - Spielberg
Average 3-day ticket price: £423 | €472 | $509
In second place is the Red Bull Ring - Spielberg circuit. Located in a breathtaking region with beautiful countryside, the Austrian Grand Prix is currently priced at an average of £423 (€472 | $509) for a three-day ticket.
3. Baku City, Azerbaijan
Circuit: Baku Circuit
Average 3-day ticket price: £531 | €592 | $639
The Baku Circuit, located in Baku City, Azerbaijan ranks in third place. This motor racing street circuit was constructed near Baku Boulevard. On average it costs around £531 (€592 | $639) in total for a three-day ticket.
Formula One Destinations with the Most Expensive VIP Experiences
1. Doha, Qatar
Circuit: Losail International Circuit largest venues in Doha
Average VIP ticket price: £7,329 | €8,146 | $8,820
For Formula One fans who enjoy luxury, Doha, Qatar might just be the best location to indulge in a truly VIP experience.
The Losail International Circuit is not only one of the largest venues in the city but it is also one of the best race tracks in the Middle East. It’s, therefore, no wonder that on average it costs a whopping £7,329 (€8,146 | $8,820) to bask in the top-tier VIP treatment.
2. Jeddah, Saudi Arabia
Circuit: Jeddah Circuit
Average VIP ticket price: £6,930 | €7,702 | $8,340
The Jeddah Circuit, located in Saudi Arabia also offers one of the most expensive VIP experiences. This race track hosted its first Formula One race in December 2021, becoming the fastest street circuit on the calendar.
This stunning new racecourse also offers some stellar options when it comes to its VIP experiences. The average cost of a VIP ticket is a hefty £6,930 (€7,702 | $8,340).
3. Las Vegas, US
Circuit: Las Vegas Circuit
Average VIP ticket price: £6,923 | €7,695 | $8,332
Taking place in the United States, the Las Vegas Grand Prix also takes a top spot on our list, providing one of the highest-priced VIP experiences. This event will be taking place in Nevada on a temporary street circuit that includes the Las Vegas strip.
On average, VIP tickets at this venue are currently priced at an estimated £6,923 (€7,695 | $8,332) making it the third most expensive on our list.
Formula One Destinations with the Most Affordable VIP Experiences
1. Spielberg, Austria
Circuit: Red Bull Ring - Spielberg
Average VIP ticket price: £1,608 | €1,787 | $1,935
If you’re looking to still enjoy the VIP experience without breaking the bank, then the Red Bull Ring - Spielberg in Austria might just be your best bet. This Formula One location comes out as the most affordable on the list, with the average VIP ticket price costing around £1,608 (€1,787 | $1,935).
2. Stavelot, Belgium
Circuit: Circuit de Spa-Francorchamps
Average VIP ticket price: £1,809 | €2,010 | $2,177
The Circuit de Spa-Francorchamps in Stavelot, Belgium is also one of the more affordable options for a good VIP experience. Consisting of an exclusive pit lane walk, a guided track tour and more, this ticket costs a total of £1,809 (€2,010 | $2,177) on average.
3. Zandvoort, Netherlands
Circuit: Circuit Zandvoort
Average VIP ticket price: £1,825 | €2,029 | $2,197
Ranking in third place is the Circuit Zandvoort in the Netherlands. This location offers VIP experiences that include a pit grandstand seating, a championship trophy photo and more. On average, this VIP ticket costs approximately £1,825 (€2,029 | $2,197).
Formula One Destinations with the Most Expensive Hotels
1. Monte Carlo, Monaco
Circuit: Circuit de Monaco
Average 3-star hotel price: £607 | €687 | $748
When it comes to the average price of a one-night stay at a hotel, Monte Carlo is the most expensive Formula One destination on our list. According to Kayak, it costs approximately £607 (€687 | $748) a night to stay at a three-star hotel.
2. Sakhir, Bahrain
Circuit: Sakhir Circuit
Average 3-star hotel price: £517 | €585 | $637
Also ranking high on the list is Sakhi, Bahrain. Situated in the heart of the Sakhir desert, the Sakhir Circuit is a unique and contemporary sports venue that attracts many visitors. Hence, it comes as no surprise that this destination is said to cost on average £517 (€585 | $637) for an overnight stay at a three-star hotel.
3. Marina Bay, Singapore
Circuit: Singapore Circuit
Average 3-star hotel price: £264 | €299 | $320
The Marina Bay located in Singapore is another top destination for racing. Conveniently situated in a luxurious area, it’s unsurprisingly that the average price for a one-night stay at a three-star hotel costs around £264 ( €299 | $320).
Formula One Destinations with the Most Affordable Hotels
1. Suzuka, Japan
Circuit: Suzuka International Racing Course
Average 3-star hotel price: £61 | €69 | $75
When it comes to Formula One locations with the most affordable hotels, Suzuka, Japan tops the list. Interestingly, despite having the most expensive three-day race ticket, hotel prices in this city are very inexpensive. On average it costs just £61 (€69 | $75) per night to stay at a decent three-star hotel.
2. Imola, Italy
Circuit: Autodromo Enzo e Dino Ferrari
Average 3-star hotel price: £91 | €103 | $112
In second place on the list is Imola. Located in Italy, this destination is one of the cheapest places for an overnight stay. It costs an average of £91 (€103 | $112) to stay at a three-star hotel in this city.
3. Spielberg, Austria
Circuit: Red Bull Ring - Spielberg
Average 3-star hotel price: £93 | €106 | $113
Spielberg, Austria follows closely behind in third place as one of the most affordable locations for a one-night stay. According to Kayak, the average price at a three-star hotel comes at a total of just £93 (€106 | $113).
Formula One Destinations with the Most Expensive Flights
1. Melbourne, Australia
Circuit: Albert Park Circuit
Average 'cheapest' flight price: £1,381 | €1,541| $1,664
According to Skyscanner, the most expensive flights on the list are to Melbourne. Located in Australia, the city’s motorsport street racecourse, Albert Park Circuit, curves around Albert Park Lake.
On average flight tickets to Melbourne from the UK cost around £1,381 (€1,541| $1,664) for a return.
2. Suzuka, Japan
Circuit: Suzuka International Racing Course
Average 'cheapest' flight price: £934 | €1,042 | $1,125
Next on the list is Suzuka, Japan. This Formula One destination is not only known for its racecourse - the Suzuka International Racing Course - but it is also a very popular tourist destination. As a result, even the cheapest ticket prices are around £934 (€1,042 | $1,125) on average for a return.
3. Austin, US
Circuit: Circuit of the Americas
Average 'cheapest' flight price: £803 | €896 | $968
Austin, Texas follows behind in third place with an average flight price of £803 (€896 | $968) for a return. Austin’s racecourse - Circuit of the Americas - is said to be a premier destination for world-class motorsports in the US. It is no wonder, this Formula One destination makes it on the list as having one of the most expensive flights.
Formula One Destinations with the Most Affordable Flights
1. Zandvoort, Netherlands
Circuit: Circuit Zandvoort
Average 'cheapest' flight price: £96 | €107 | $116
If you're looking to fly to a major Formula One destination on a budget, then Zandvoort, Netherlands is the place for you! This location costs just £96 | €107 | $116 on average for a return flight from the UK.
2. Silverstone, Great Britain
Circuit: Silverstone Circuit
Average 'cheapest' flight price: £111| €124 | $134
Considering that the Silverstone Circuit is already located in the UK, flight tickets are relatively cheap. In fact, travelling anywhere from the country to the popular racecourse by flight costs approximately £111 (€124 | $134) for a return.
3. Stavelot, Belgium
Circuit: Circuit de Spa-Francorchamps
Average 'cheapest' flight price: £117 | €130 | $141
Located in Stavelot, Belgium, the Circuit de Spa-Francorchamps is said to be one of the most beautiful circuits in the world. It is a classic racecourse and is highly beloved by drivers and spectators alike. As a result, many people travel to this location. It is very affordable by air as it costs just £117 (€130 | $141) for a return.
Methodology
To find the list of official race countries, we used the Formula1 website. This shows the race calendar for the 2023 season. We then created a list of the closest cities each race circuit is in.
Using this information, we then looked at the average price of a one-night stay at a three-star hotel in each city by using Kayak. This showed the average overnight stay for each month, using this data we then found the annual average in order to get an estimate for a nightly cost.
For the average price of a return flight to each country, we used Skyscanner. By researching the relevant dates for each Grand Prix we took an average of five different flight prices from various parts of the UK by looking at the ‘cheapest’ section on the site. However, for Monaco, we looked at the average price of flights going to Nice which has the closest airport.
Using sources such as Formula1, F1 Experiences and Race Experiences we collected the average three-day ticket prices, including the cost of VIP experiences.
Please note, for cases where the price of a ticket, VIP experience, hotel or flight could not be provided or its average could not be calculated, these destinations were not added to the overall ranking.
The currencies have been converted into GBP, EUR and USD using the currency rates at the time of conversion.
