News Details
Caterham trebles F1 profits
Caterham drivers Kamui Kobayashi and Marcus Ericsson finished a lowly thirteenth and fourteenth in the team's home Grand Prix on Sunday but it still had reason to celebrate. Its latest accounts show a 117% boost in revenue which led to the team's net profits trebling to £4.8m according to an article in the Express{/} by Christian Sylt.Its profits accelerated when the revenue of its UK arm increased 117% to £46.7m in 2012 outstripping the rise in its costs. The additional revenue is understood to have been driven by sponsorship from American conglomerate GE.The UK division of the team, Caterham Sports, receives management fees from its parent in Malaysia which in turn gets...
Full Story »
Full Story »
11y ago from Pitpass.com
0
You May Also Be Interested In...
Caterham Pleased After Leapfrogging Marussia
Caterham had reason to celebrate their home Grand Prix with Kamui...
11y ago from TheCheckeredFlag....
Caterham performs below own expectations
Caterham had no reason to be happy after another troubled qualifying...
11y ago from F1Technical.net
Solid double finish for Caterham
Caterham enjoyed a trouble free race and finished the weekend with Kamui...
11y ago from F1Technical.net
Ericsson apologetic after disastrous session
– Marcus Ericsson has apologised to his Caterham team after he...
11y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
1d ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
14h ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1d ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
2d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
20h ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
20h ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
1d ago from Motorsport.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“Does not deserve to start”, “Just isn’t the...
Martin Odegaard has found himself at the center of criticism from Arsenal...
4h ago from SportsKeeda.com
Player ratings: Everton 0-1 Arsenal
Arsenal moved back to the top of the Premier League with a 1-0 win away at...
6h ago from FreshArsenal.com
Arsenal land Christmas No 1! Arteta has ‘belief and...
Arsenal manager Mikel Arteta insisted being top at Christmas again gave...
4h ago from SkySports.com
William Saliba looks lucky not to have conceded a...
Arsenal centre-back William Saliba was perhaps a bit lucky not to have...
7h ago from CaughtOffside.com
Comments
Hottest News
F1: Mercedes and Red Bull power units under scrutiny
Barely has the current season ended than two... Read More »
13h ago from Pitpass.com
The F1 legend that got 'told off' over Top Gear appearance
One F1 legend's Top Gear appearance didn't go to... Read More »
6h ago from GPFans.com
Max Verstappen issues early retirement threat to F1 unless...
Four-time F1 world champion Max Verstappen has... Read More »
9h ago from GPFans.com
