News Details
Red Bull Spent £237mn On Its 2019 F1 Campaign
Red Bull spent £237.3 million on its 2019 Formula One campaign, in which the Milton Keynes-based team finished third in the Constructors’ Standings. Company filings show that the team generated a small profit of just over £600,000 last season. READ: Red Bull Might Sack Albon & Sign Hulkenberg Or Perez For 2021 With all F1 constructors limited to spending a maximum of $145 million next year due to the introduction of a budget cap, Red Bull will have to make sizeable cost-savings. However, it should be stressed that this $145 million budget cap doesn’t include all expenditures. For example, driver salaries – which cost the top teams around $20 million to $60 million per season –...
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4y ago from Formula1News.co.uk
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