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 Jorge Martin is back - but not at his best yet in...
No description available...
8h ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
14h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
1d ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
3h ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
7h ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
1d ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eye statement signing of 19-G/A attacker who...
Arsenal are looking to sign the PSG attacker Khvicha Kvaratskhelia at the...
4h ago from CaughtOffside.com
Liverpool eye key replacement as Arsenal & Man...
Arsenal, Manchester United and Liverpool are reportedly interested in...
4h ago from CaughtOffside.com
Arsenal plot 35M raid for one of Brazil's brightest...
Arsenal are looking to sign a quality right back in the summer, and they...
5h ago from CaughtOffside.com
Arsenal latest: 'Gunners target summer deal for PSG's...
No description available...
5h ago from SkySports.com
Comments
Hottest News
F1 legend Martin Brundle reveals the thing he hates about...
Sky F1 pundit and TV icon Martin Brundle has... Read More »
1h ago from GPFans.com
Lewis Hamilton leaves F1 fans in awe with mega drive ahead...
Lewis Hamilton's arrival in Tokyo was marked with... Read More »
2h ago from GPFans.com
Major Japanese GP threat reduced as Max Verstappen issues...
Check out the biggest stories from Wednesday,... Read More »
2h ago from RacingNews365.com
