News Details
Mercedes lost £76.9m in winning 2014 F1 title
The Mercedes Formula 1 team posted a loss of £76.9m during its title-winning season in 2014, the company's annual accounts have revealed. The team also enjoyed substantially increased revenues, but the high costs of the hybrid V6 rule changes and bonuses paid as a result of the ongoing success ensured that costs increased at a far higher rate. In fact, the report for Mercedes-Benz Grand Prix Ltd reveals that turnover (essentially amounting to sponsorship and prize money) increased from £125.2m in 2013 to £146.9m in 2014, “due to higher sponsorship revenue and increased income from the Commercial Rights Holder flowing from improved track performance in 2013.” Meanwhile operating costs...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Manor confirms Mercedes power from 2016
Following the conclusion of a multi-year supply agreement, Manor Marussia...
10y ago from GrandPrix247.com
Mercedes-Benz Power for Manor Marussia
Following the agreement of a multi-year deal, Manor Marussia will race...
10y ago from TheCheckeredFlag....
Reader Rights: TV blackouts and Bernie Ecclestone
The controversial TV blackout for Mercedes during the 2015 Japanese Grand...
10y ago from GrandPrix247.com
Manor secures 'multi-year' Mercedes engine deal
The Manor Marussia F1 Team will switch from Ferrari power to Mercedes for...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
17h ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
18h ago from MotorsportWeek.c...
Michelin boss reveals potential cause of ‘never...
Marc Marquez admits the puncture that cost him a podium finish at the...
18h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
1d ago from Motorsport.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
1d ago from MotorsportWeek.c...
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
2d ago from MotorsportWeek.c...
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
2d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
4d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Ref Watch LIVE! Leeds, Bournemouth penalty incidents...
No description available...
54m ago from SkySports.com
Brighton 0-1 Arsenal: Saka's goal makes it a big night...
Match report – Player ratings – Arteta reaction 8 games to go....
1h ago from Arseblog.com
Man City vs Arsenal, Merseyside derby and Man Utd vs...
Manchester City's top-of-the-table showdown with Arsenal and the...
1h ago from SkySports.com
Hincapie tells Hurzler to SHUSH after time-wasting...
Piero Hincapie made a shushing gesture towards Fabian Hurzler after the...
1h ago from SkySports.com
Comments
Hottest News
Is this the moment Christian Horner forgot he was being...
Former Red Bull F1 team principal Christian... Read More »
54m ago from GPFans.com
Fixing Aston Martin: Inside the plan to end Newey F1...
It won't be easy, but one Honda F1 chief has... Read More »
1h ago from GPFans.com
F1: Bottas grid penalty dropped
Valtteri Bottas will not have to serve the... Read More »
1h ago from Pitpass.com
