News Details
Aston Martin F1 posts £53m loss despite revenue increase
The Aston Martin Formula 1 team reported a £53 million loss for its fiscal year 2022, an increase of £9 million compared to the deficit incurred by the Silverstone-based outfit in the previous year. Aston’s larger loss has come despite the team boosting its overall revenue by more than £32 million thanks to increased sponsorship and prize money. But a significant general rise in costs in 2022 linked to F1’s regulation overhaul has more than offset the team’s improved turnover. Following a restructuring, the team now operates under the name of AMR GP Limited, a subsidiary of AMR GP Holdings Limited. Figures revealed that the team's total revenue in 2022 amounted to £188,728,000,...
Full Story »
Full Story »
You May Also Be Interested In...
Lewis Hamilton speaks out after Mercedes...
Lewis Hamilton was delighted to have qualified seventh on Saturday at the...
1y ago from Formula1News.co.uk
Fernando Alonso lashes out at Aston Martin as...
Fernando Alonso was left frustrated by Aston Martin's strategy at the...
1y ago from Formula1News.co.uk
Oscar Piastri’s mother rejects McLaren offer
McLaren Formula One team principal, Zak Brown, has extended a...
1y ago from Formula1News.co.uk
Mercedes confirm they'll internally discuss Lewis...
Mercedes' Bradley Lord confirmed after the Japanese Grand Prix that Lewis...
1y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez would “hate” Barcelona if it...
No description available...
20h ago from Motorsport.com
Luca Marini has “really high expectations” from...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
15h ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
15h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1d ago from MotorsportWeek.c...
IndyCar moves street race from Toronto to Markham for...
No description available...
16h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
3d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
3d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal expected to make 'official move' for...
Luiz Benedetti, the young centre-back from Palmeiras, has caught the...
1h ago from CaughtOffside.com
Champions League squad named: Dowman in, no place for...
Morning. It's Thursday and we're right into the Interlull now. If you want...
1h ago from Arseblog.com
“It just didn’t make any sense” - Craig Burley...
Former Chelsea midfielder Craig Burley has criticised Arsenal for not...
20h ago from SportsKeeda.com
“It’s easy to criticise if you’re not on the...
Viktor Gyokeres has shared his thoughts on Freddie Ljungberg's criticism...
21h ago from SportsKeeda.com
Comments
Hottest News
Hamilton set for trial by media as Ferrari exit rumours...
The spotlight will be on Lewis Hamilton this... Read More »
1h ago from GPFans.com
F1 News Today: Red Bull driver decision update issued as...
Red Bull F1 chief Helmut Marko has revealed when... Read More »
2h ago from GPFans.com
F1's 11th team - who are Cadillac?
Our Ask Me Anything team take a look at Formula... Read More »
47m ago from BBC.co.uk
