News Details
Red Bull spent over $300-million for 2019 F1 campaign
Red Bull Racing spent £237.3 million ($304.84 million) in finishing third in Formula 1 last season and recognised ‘adaptions' would be needed to meet a $145-million cost cap coming in for 2021. The Honda-powered team, one of two owned by the Austrian energy drink company, reported a profit of £618,000 compared to a previous £923,000 in the year ending 31 December The expenditure compared to £239.6-million in 2018, when British-based Red Bull were also third and using Renault engines. Turnover was £245.4-million, up slightly from a previous £245.1-million. 'Costs remain under control and the team is mindful of adaptions necessary for new FIA Financial Regulations coming into...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Hamilton Reportedly Agrees £120mn Contract ‘In...
Lewis Hamilton has agreed a £120 million contract “in principle”...
5y ago from Formula1News.co.uk
‘Never Say Never’: Wolff Doesn’t Rule Out...
Earlier this week, it was reported that Lewis Hamilton had agreed a £120...
5y ago from Formula1News.co.uk
Sergio Perez Says He Would Definitely Accept Red Bull...
Sergio Perez, who is currently without an F1 drive for the 2021 season,...
5y ago from Formula1News.co.uk
Fernando Alonso starts 2021 prep with first visits to...
Fernando Alonso has spent two days at Renault's bases at Enstone and...
5y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP’s ‘Concorde Agreement’ remains...
No description available...
17h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
21h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Why WorldSBK leader Nicolo Bulega could miss out on a...
Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
13h ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
1d ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
8h ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
22h ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
7 shots, 93% pass accuracy: Arsenal transfer target...
Khvicha Kvaratskhelia has been linked with Arsenal recently and his...
39m ago from CaughtOffside.com
A European trip
Good morning. Here's a really quick blog for you because I'm heading back...
1h ago from Arseblog.com
Chelsea lead race for £70m wide man but Arsenal could...
Chelsea and Arsenal are interested in signing the Newcastle United...
10h ago from CaughtOffside.com
White-out: 4 replacements Arsenal are targeting to...
Arsenal’s search for right-back depth has taken on extra intrigue after...
15h ago from FreshArsenal.com
Comments
Hottest News
Breaking: Max Verstappen loses right-hand man Gianpiero...
A major blow for Red Bull, which is once again... Read More »
1h ago from RacingNews365.com
Red Bull to lose Max Verstappen ally in major McLaren...
Red Bull has been braced for a major personnel... Read More »
1h ago from MotorsportWeek.com
FIA weighing up rule changes to save the 2026 Formula 1...
Plans are being made to fix the shambolic 2026... Read More »
49m ago from GrandPrix247.com
