News Details
Tricky accounting allows Formula 1 to pay almost no tax
It has emerged that due to a complex tax arrangement, Formula 1 pay a minuscule amount of tax relative to the huge earnings generated by the sport. Writing in The Independent, leading Formula 1 business journalist Christian Sylt said the sport paid less than $1.5 million in tax in 2011, despite making a profit of [...]
Full Story »
Full Story »
12y ago from GrandPrix247.com
0
You May Also Be Interested In...
Mercedes backs Wolff amid the Formula 1 sharks
Mercedes has thrown its full support behind their recently appointed...
12y ago from GrandPrix247.com
Hungary preview quotes - Mercedes, Williams, Sauber &...
Round 10, the last Grand Prix before the August summer break, sees the...
12y ago from Formula1.com
Hungary preview quotes - Caterham, Pirelli, Marussia &...
Round 10, the last Grand Prix before the August summer break, sees the...
12y ago from Formula1.com
Hungary preview quotes - Marussia, Red Bull, Lotus &...
Round 10, the last Grand Prix before the August summer break, sees the...
12y ago from Formula1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
15h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Use that fuel’: Mikel Arteta and David Raya urge...
t;li>Team will not panic in wake of City and Southampton defeatsRaya...
4h ago from TheGuardian.com
The FA Cup still has an important place. This weekend...
m exposed anxieties to unexpected heroes, this weekend’s cup contests...
5h ago from TheGuardian.com
Two key stars out for Arsenal, as Arteta confirms...
Arsenal will be up against Sporting CP in the UEFA Champions League...
5h ago from CaughtOffside.com
FA Cup quarter-finals: talking points from the men’s...
by’s class helps stun Arsenal, Palmer shows leadership potential for...
5h ago from TheGuardian.com
Comments
Hottest News
'I'm the guy': Hollywood A-lister tells Mercedes he can...
If you're a Mercedes F1 reserve driver then look... Read More »
3h ago from GPFans.com
How data analytics is transforming modern F1 strategy
Formula 1 has long been a sport where margins... Read More »
1h ago from MotorsportWeek.com
Legendary Ayrton Senna car to go under the hammer for eye...
A Toleman from the maiden F1 season of legendary... Read More »
5h ago from MotorsportWeek.com
