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 »
Full Story »
4y ago from PlanetF1.com
0
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
Joan Mir: Honda expectations increase after podium at...
No description available...
8h ago from Motorsport.com
Fabio Quartararo '99% sure' Yamaha will go all-in on...
No description available...
12h ago from Motorsport.com
Toprak Razgatlioglu backs Nicolo Bulega ahead of...
Former WorldSBK champion Toprak Razgatlioglu has shown his full support...
15h ago from MotorsportWeek.c...
Marc Marquez’s shoulder injury “serious” as...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Caio Collet advances up to IndyCar with AJ Foyt Racing
AJ Foyt Racing has announced that Caio Collet will drive for the team in...
9h ago from MotorsportWeek.c...
McLaren’s lawsuit against IndyCar champ Alex Palou...
The lengthy court battle between McLaren and Alex Palou is nearing a...
9h ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year IndyCar extension with...
Andretti Global has announced that Kyle Kirkwood has signed an extension...
3d ago from MotorsportWeek.c...
Kyle Kirkwood signs multi-year extension with Andretti...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Japan: Kalle Rovanpera crashes early in SS3...
No description available...
1h ago from Motorsport.com
Ott Tanak tight-lipped on WRC future as speculation...
No description available...
16h ago from Motorsport.com
WRC Rally Japan: Kalle Rovanpera grabs early lead,...
No description available...
16h ago from Motorsport.com
Hyundai signings bolster WEC and WRC resources
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal set asking price for their most...
Real Madrid will have to break the bank and fork out 150 million to sign...
11h ago from CaughtOffside.com
Mikel Merino: Through the Looking Glass
I started writing this column in February 2011, the week before Arsenal...
14h ago from Arseblog.com
Hincapie: Defensive 'beast' who 'broke the GPS'...
Independiente del Valle's coaching staff initially found the numbers hard...
14h ago from SkySports.com
“You’ve got to look at them being the...
Former Manchester City star Joleon Lescott snubbed Arsenal while naming...
15h ago from SportsKeeda.com
Comments
Hottest News
F1 fans stunned as Williams announce another change
Williams F1 fans have been left stunned on social... Read More »
4h ago from GPFans.com
Aston Martin in radical shake-up as multiple figures to...
Aston Martin is preparing for a radical Adrian... Read More »
9h ago from RacingNews365.com
Hamilton questions 'secrecy' of F1 stewards' decisions...
Lewis Hamilton has questioned the stewards'... Read More »
5h ago from SkySports.com
