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 »
9y 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...
9y ago from GrandPrix247.com
Mercedes-Benz Power for Manor Marussia
Following the agreement of a multi-year deal, Manor Marussia will race...
9y ago from TheCheckeredFlag....
Reader Rights: TV blackouts and Bernie Ecclestone
The controversial TV blackout for Mercedes during the 2015 Japanese Grand...
9y ago from GrandPrix247.com
Manor secures 'multi-year' Mercedes engine deal
The Manor Marussia F1 Team will switch from Ferrari power to Mercedes for...
9y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin explains contrast between his MotoGP...
No description available...
11h ago from Motorsport.com
What is going on with Francesco Bagnaia in MotoGP?
No description available...
17h ago from Motorsport.com
How Max Verstappen and Lewis Hamilton are racing to...
No description available...
20h ago from Motorsport.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
2d ago from TheGuardian.com
Popular On IndyCarToday.com
Christian Lundgaard calls first McLaren season a...
No description available...
9h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1w ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
6d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“Just cash in and sell him” - Martin Odegaard...
Arsenal captain Martin Odegaard has revealed that he would opt to sell...
9h ago from SportsKeeda.com
Report: Crystal Palace have agreement in place to land...
Crystal Palace are set to sign Dan Casey from Arsenal. According to a...
6h ago from CaughtOffside.com
Report: Arsenal looking to land 24-year-old...
Real Madrid are interested in signing the VfB Stuttgart midfielder Angelo...
8h ago from CaughtOffside.com
Report: Man United preparing 40 million offer to sign...
Manchester United are interested in signing the Sporting CP defender Zeno...
10h ago from CaughtOffside.com
Comments
Hottest News
Secret to captivating Max Verstappen cooldown room moment...
The secret to a captivating cooldown room moment... Read More »
6h ago from GPFans.com
Max Verstappen race engineer 'embarrassed' over team radio...
Gianpiero Lambiase has playfully reminisced about... Read More »
7h ago from GPFans.com
Hamilton and Verstappen in sensational 'team ownership' move
F1 stars Lewis Hamilton and Max Verstappen are... Read More »
11h ago from GPFans.com
