I think this sums up the people incharge really. This will just end up forcing out many young talented drivers from taking up a career in single seaters and its going to further increase the difficulties on the smaller teams who have to cough up the money for this.

The cost of Formula One superlicences has shot up this year in a move that should dissuade less-qualified drivers from applying for one, this week's Autosport reveals.

A superlicence is a mandatory requirement for an F1 driver and last season one only cost 1,690 Euros, plus an additional 447 Euros per point scored in the previous year's championship.

However, the FIA's World Motor Sport Council recently approved a huge price hike that will see the licence now cost 10,000 Euros plus an additional 2,000 Euros per point.

That means world champion Kimi Raikkonen's superlicence will cost 230,000 Euros - and increase of almost 199,255 Euros on what it cost him in 2007. For Ferrari, the total bill for their two drivers will be 428,000 Euros.

No official reason has been given for the increase in costs, but Autosport reports that the increased fees may be aimed at discouraging lesser qualified drivers from applying for a superlicence and to preserve F1's exclusivety.

In my opinion the Super Licence isn't a licence at all, it's a TAX.