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Mercedes 2019 F1 campaign cost almost half-a-billion dollars
Formula 1 champions Mercedes spent $442-million in winning both titles last year but still reported a profit, according to the team's published 2019 accounts. Mercedes are on course to win both titles again this season for the seventh year in a row, with six-times world champion Lewis Hamilton 47 points clear of his closest rival Max Verstappen after seven races. The results to end-December showed Mercedes made a post-tax profit of $19.5-million, compared with a previous $16.7 million. They won 15 races last year, including nine one-two finishes, and 32 podium places in all. The accounts said Mercedes had enjoyed a 23.6% share of television coverage, generating a cumulative television...
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4y ago from GrandPrix247.com
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