News Details
Aston Martin F1 posts £53m loss despite revenue increase
The Aston Martin Formula 1 team reported a £53 million loss for its fiscal year 2022, an increase of £9 million compared to the deficit incurred by the Silverstone-based outfit in the previous year. Aston’s larger loss has come despite the team boosting its overall revenue by more than £32 million thanks to increased sponsorship and prize money. But a significant general rise in costs in 2022 linked to F1’s regulation overhaul has more than offset the team’s improved turnover. Following a restructuring, the team now operates under the name of AMR GP Limited, a subsidiary of AMR GP Holdings Limited. Figures revealed that the team's total revenue in 2022 amounted to £188,728,000,...
Full Story »
Full Story »
You May Also Be Interested In...
Lewis Hamilton speaks out after Mercedes...
Lewis Hamilton was delighted to have qualified seventh on Saturday at the...
1y ago from Formula1News.co.uk
Fernando Alonso lashes out at Aston Martin as...
Fernando Alonso was left frustrated by Aston Martin's strategy at the...
1y ago from Formula1News.co.uk
Oscar Piastri’s mother rejects McLaren offer
McLaren Formula One team principal, Zak Brown, has extended a...
1y ago from Formula1News.co.uk
Mercedes confirm they'll internally discuss Lewis...
Mercedes' Bradley Lord confirmed after the Japanese Grand Prix that Lewis...
1y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Aprilia to run “special test” for Jorge Martin...
No description available...
6h ago from Motorsport.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
6h ago from MotorsportWeek.c...
Watch: “Feels like yesterday” - Alex Criville...
No description available...
9h ago from Motorsport.com
Liberty Media given “unconditional” green light...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
21h ago from Motorsport.com
Winners and Losers from IndyCar’s Road America...
No description available...
1d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
1d ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
6d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
2w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
5 replacements for Thomas Partey that Arsenal could...
The Athletic reported today that Arsenal will definitely seek a...
2h ago from FreshArsenal.com
Revealed: Jose Mourinho has spoken with Man Utd star...
Fenerbahce have made an offer to Manchester United attacking midfielder...
5h ago from CaughtOffside.com
'Heartbroken' Arsenal target has informed club of...
Transfer journalist Fabrizio Romano has provided an update on the...
8h ago from CaughtOffside.com
Arsenal to compete with Tottenham for experienced star...
Arsenal and Tottenham Hotspur are set to compete for the Brentford...
7h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin STUNNED by Adrian Newey methods
2016 F1 world champion Nico Rosberg has suggested... Read More »
6h ago from GPFans.com
Vettel confirms talks with Marko over Red Bull return
Four-time F1 world champion Sebastian Vettel has... Read More »
4h ago from F1i.com
Cadillac F1 top brass to visit British GP for key driver...
With Cadillac F1’s highly anticipated F1 debut... Read More »
1h ago from F1i.com
