News Details

Double title-winning 2020 cost Mercedes £324m

Mercedes dominated the 2020 campaign, winning both the Drivers' and Constructors' titles, and it cost them £324.9 million. Financial information from company accounts revealed the continued scale of Mercedes' investment in its Formula 1 outfit, but when crunching the figures it showed that the team actually is in good financial shape. The 2020 season was shortened to just 17 rounds due to the pandemic, with the first race taking place in Austria in July rather than March as scheduled since the Australian Grand Prix was cancelled. Still though Mercedes saw only a slight drop in their revenue from £363.6m to £355.5m. Once again the team were in profit at a £13.6m gain. And although...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Marko: Mercedes offered to double salary of Red Bull...

Red Bull advisor Helmut Marko has said that Mercedes offered to double...
4y ago from GrandPrix247.com

Mercedes offering staff double pay to avoid exodus –...

Helmut Marko says Mercedes is offering to "double the salary"...
4y ago from F1i.com

Mercedes explain F1 power loss issue that cost Bottas...

Bottas bounced back from a disastrous race at Imola to take pole position...
4y ago from Crash.net

Alpine explain issues that cost it ‘weeks of...

After a promising end to the 2020 campaign which saw the rebranded French...
4y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

VR46 boss defends Franco Morbidelli after...

VR46 Ducati Team Manager Pablo Nieto has defended Franco Morbidelli...
17h ago from MotorsportWeek.c...

VR46 Ducati launches 2026 MotoGP livery

Pertamina Enduro VR46 Ducati presented its newest livery for the 2026...
19h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Popular On TotalWRC.com

Popular On GunnersToday.com

Defender could make January return to Arsenal but...

Nottingham Forest are seriously considering terminating Oleksandr...
1h ago from CaughtOffside.com

Troy Deeney claims Chelsea ‘can’t be serious’...

Pundit Troy Deeney has hit out at Chelsea for their perceived lack of...
1h ago from SportsKeeda.com

“That’s where the frustration comes from” -...

Jamie Redknapp identified an issue in Bukayo Saka’s game that he...
1h ago from SportsKeeda.com

“He can do whatever he wants” - Mikel Arteta...

Arsenal manager Mikel Arteta has heaped praise on Martin Zubimendi after...
1h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.