Components 1 ticket costs are set to rise on common 8-10% in 2024. With most races now on sale, Hungary nonetheless affords the most affordable tickets on the complete calendar.
*Tickets aren’t but on sale for the 2024 Chinese language Grand Prix. When Shanghai was final on the calendar in 2019, it supplied a few of the season’s least expensive tickets.
This evaluation is predicated on ticket value knowledge from 17/24 F1 races deliberate for 2024, in addition to restricted knowledge from the stateside races in Miami and Austin, the place some tickets are already on sale. The next races aren’t included within the evaluation, as 2024 tickets aren’t but on sale: China, Azerbaijan, Las Vegas, Qatar and Abu Dhabi.
Ticket costs are taken from official sources and don’t embody any processing or supply charges. Costs are for 3-day tickets, until said in any other case. Conversions from native foreign money to USD have been made at present trade charges (December 2023).
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Verify 2024 F1 Tickets, Experiences and Lodges
Learn our detailed rating of 2023 Components 1 ticket costs
With little greater than three months till the brand new challengers hit Bahrain Worldwide Circuit for the primary race of the 2024 Components 1 season subsequent March, tickets are already on sale for almost all of races subsequent season. Components 1 tickets are occurring sale sooner than ever and a few of the hottest races are already near promoting out.
Analyzing accessible tickets for subsequent yr for our annual rating of Components 1 ticket costs (which we anticipate to publish round March 2024), we are able to observe that costs are on the rise on the majority of races.
Rating 2024 F1 Ticket Costs in USD: Hungary Most cost-effective, Mexico Metropolis Most Costly
With 17 of 24 races analyzed for 2024, the Hungarian Grand Prix stays the most affordable F1 race to attend. Tickets for the Hungaroring value on common $207 USD, a yr on yr improve of 12.5%. Regardless of not all race tickets being on sale but for 2024, it seems probably that Hungary will retain its standing as the most affordable race to attend subsequent yr. The one potential competitors that the Hungaroring might face shall be from the Chinese language Grand Prix. When Components 1 final raced in Shanghai in 2019, China supplied a few of the least expensive tickets on that season’s calendar.
Japan narrowly edges out Bahrain to be the second least expensive race to purchase tickets for in 2024, whereas the typical ticket value for Australia (aided by a positive trade price) can be below $300 USD. Tickets are additionally low-cost for Canada (additionally due to a positive trade price), whereas reasonably priced races to attend in Europe embody each races in Italy, and the Spanish and Austrian Grands Prix.
On the different finish of the dimensions, the Mexico Metropolis Grand Prix is the most costly to attend of the 17 races analyzed to this point, although that is largely because of the very excessive value of Important Grandstand seats at Autódromo Hermanos Rodríguez. The costliest races to attend in Europe are the Monaco Grand Prix and the British Grand Prix, although Silverstone’s use of dynamic pricing makes it exhausting to investigate ticket costs for this race. Patrons who secured their seats early for the 2024 British Grand Prix could have paid so much lower than at the moment marketed costs.
Most cost-effective Components 1 Tickets 2024 ($USD)
RaceRank2024 Common (Change)Basic AdmissionCheapest GrandstandMain Grandstand
Hungary1$207 (+12.5%)$131$153$338
Japan2$264 (+14.3%)$81$169$541
Bahrain3$265 (0%)$172$172$451
Australia4$290 (+5.1%)$184$301$384
Italy (Monza)5$328 (+3.1%)$130$205$650
Canada6$336 (+13.1%)$210$232$567
Spain7$365 (+11.3%)$191$305$599
Austria7$365 (+16.6%)$147$267$681
Italy (Imola)9$367 (-0.7%)$97$292$712
Saudi Arabia10$391 (0%)$138$267$767
Belgium11$407 (3.5%)$223$316$681
São Paulo12$441 (13.1%)$252$252$819
Netherlands13$503 (+5%)$287$432$790
Singapore14$557 (+5.7%)$260$372$1,038
Britain15$689 (+23.9)$517$580$971
Monaco16$764 (+12.8%)$318$903$1,071
Mexico City17$783 (+13.8%)$212$390$1,746
Native Forex: Common F1 Ticket Costs 8-10% Larger in 2024
Evaluating the three most important classes of tickets in our evaluation – normal admission, the most affordable grandstand seats and seats reverse the beginning grid – ticket costs have risen on common 8-10% from 2023 to 2024 when expressed in native foreign money.
The largest value rises might be seen at a few of 2023’s least expensive races (e.g. Australia, Japan, Canada, Austria, Hungary). With costs at these races coming off a comparatively low base, they continue to be low-cost when in comparison with the remainder of the calendar, particularly when expressed in USD.
The promoters of the races in Belgium, the Netherlands, Italy (Monza) and Mexico Metropolis have raised costs roughly according to inflation, including round 5% on common to 2024 ticket costs.
Some races which have been already on the costly facet have additionally raised their costs for 2024, notably the Monaco Grand Prix, the place grandstand seats are 10-15% costlier. Cheaper ticket classes on the Singapore Grand Prix have seen value will increase of 15-25%, whereas costlier ticket classes have unchanged costs for 2024.
Costs aren’t increased at each race, although. Ticket costs in Bahrain, Saudi Arabia and Italy (Imola) stay just about unchanged for 2024.
Costs Fall within the USA; Stay Excessive Relative to Different Races
While not all tickets are on sale but for the stateside races in Miami and Austin (and in no way for Las Vegas), we are able to already observe that the seemingly unstoppable rise of F1 ticket costs within the USA appears to have come to an finish. Grandstand tickets for the 2024 Miami Grand Prix* are 15-30% cheaper on common than 2023, whereas 3-day Basic Admission tickets for the 2024 United States Grand Prix* are being bought for $349 USD, 26.5% cheaper than this yr. Regardless of the heavy low cost, Basic Admission tickets for the USGP are nonetheless the second most costly of the 18 races analyzed; solely Britain is costlier for unreserved entry.
Attending a race within the USA in 2023 value on common twice as a lot because the season common. And it looks like Individuals had a restrict as to how a lot they have been ready to pay, as not all tickets have been bought and others needed to be steeply discounted within the weeks main as much as this yr’s three races within the USA.
In addition to costlier tickets, different components could have additionally contributed to much less demand for F1 tickets in 2023, particularly within the USA. These embody the dominance of Max Verstappen, who gained 19 out of the 22 races this season, and had wrapped up the title with six races remaining (earlier than the races in Austin and Las Vegas), in addition to increased inflation and rates of interest, which negatively impacted funding markets, client confidence and spending.
*Not all ticket classes are on sale but for the 2024 Miami and United States Grands Prix. Tickets aren’t but on sale in any respect for the 2024 Las Vegas Grand Prix.
Japan affords the most affordable Basic Admission tickets (West Open Space) on the 2024 F1 calendar, with three day entry for simply $81 USD. Additionally priced under the $100 USD mark are tickets for Basic Admission (Circolare) on the 2024 Emilia Romagna Grand Prix. GA tickets are additionally reasonably priced on the Italian, Hungarian, Austrian and Saudi Arabian Grands Prix, costing lower than $150 USD for 3 days. On the different finish of the dimensions, Basic Admission tickets are most costly at Silverstone, Monaco and Circuit of The Americas. The common value of Basic Admission tickets for the 18 races at the moment on sale for 2024 is $217 USD. Be taught Extra: High Ten Components 1 Races for Basic Admission Tickets in 2024
The Bronze 1/2 grandstands on the Hungaroring are the most affordable seated tickets at the moment accessible in 2024, priced at $153 USD for 3 days. Grandstand G in Japan and the Victory Grandstand in Bahrain are additionally priced under $200 USD in 2024. A superb variety of races supply seats priced between $200-300 USD, together with Italy (Imola & Monza), Canada, São Paulo, Austria and Saudi Arabia. Alternatively, the most costly grandstand seats might be present in Britain (Farm Curve Grandstand), Miami (Seaside Grandstand) and Monaco (X1/X2 Grandstands). The common value of the most affordable grandstand in 2024 (from the 18 races analyzed to this point) is $345 USD.
Grandstand seats reverse the pits and beginning grid are usually amongst the most costly accessible at every circuit. Of the 18 races the place such tickets are already accessible for 2024, costs vary from a low of $338 USD for Tremendous Gold (Row 1-12) seats in Hungary to a excessive of $1,746 USD for Important Grandstand seats in Mexico Metropolis. Seats reverse the pits value lower than $500 USD in Australia (Fangio Grandstand) and Bahrain (Important Grandstand), whereas the typical for the 18 races analysed to this point is $801 USD.
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