News Details
Title winners Mercedes post £77m loss
Despite winning both titles, Mercedes all-conquering 2014 season sees German team post £77m loss. The loss is revealed in company accounts filed today, and comes at a time Red Bull is considering its future in the sport, Renault is poised to buy Lotus and the EU is about to investigate F1's governance and how the prize money is shared out. Whilst turnover, which includes income from sponsors and prize money was £146.9m - up form £125.2m in 2013, operating costs were up from £190.7m to £240.2m, which, according to the company was due to 'significantly higher bonuses payable as a consequence of the record-breaking level of sporting performance and also increased...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
Mercedes announces losses of £77million for 2014...
Mercedes-Benz Grand Prix Ltd have announced their losses made during the...
10y ago from F1Hub.net
Mercedes lost £76.9m in winning 2014 F1 title
The Mercedes Formula 1 team posted a loss of £76.9m during its...
10y ago from Motorsport.com
Arrivabene says lottery style luck needed to win 2015...
Ferrari team boss Maurizio Arrivabene has played down his team's chances...
10y ago from GrandPrix247.com
F1 2015 title like ‘winning the lottery’ –...
F1 2015 title like ‘winning the lottery' – Arrivabene Posted...
10y ago from ThisIsF1.com
Elsewhere On The Network
Popular On MGPToday.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
16h ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
17h ago from MotorsportWeek.c...
Michelin boss reveals potential cause of ‘never...
Marc Marquez admits the puncture that cost him a podium finish at the...
17h 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...
1d 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
Video: Arsenal star spotted trolling Brighton manager...
Arsenal defender Piero Hincapie could be seen shushing Brighton manager...
1h ago from CaughtOffside.com
Brighton 0-1 Arsenal: Saka's goal makes it a big night...
Match report – Player ratings – Arteta reaction 8 games to go....
11m ago from Arseblog.com
“It was a bit nervy” - Martin Keown suggests...
Former Arsenal centre-back Martin Keown has said that midfielder Declan...
3h ago from SportsKeeda.com
Mikel Arteta issues 3-word response after Brighton...
Mikel Arteta gave a three-word response when asked about Brighton & Hove...
2h ago from SportsKeeda.com
Comments
Hottest News
Ollie Bearman 'in talks' with Ferrari as Lewis Hamilton...
British F1 starlet Ollie Bearman admits he is in... Read More »
1h ago from GPFans.com
'Like being electrocuted!' – Aston Martin reveal shocking...
Aston Martin chief Adrian Newey has suggested... Read More »
2h ago from SkySports.com
Aston Martin drivers facing nerve damage due to engine...
In a revelation that has left the F1 paddock in a... Read More »
1h ago from F1i.com
