News Details
Red Bull Racing saw revenue boost in 2023 but meager profit
©RedBull Michael Delaney
03/10/2024 at 12:5203/10/2024 at 12:50 Red Bull Racing has unveiled its financial report for the 2023 season, a year marked by unprecedented sporting success and a complex financial landscape. Despite dominating the Formula 1 world championship with a record 21 victories and securing their sixth Constructors' title, the team's bottom line experienced a downturn. Red Bull Racing's 2023 revenue reached £307,472 million ($402 million), up from £278,026 million in 2022, marking a 10.6% rise, a boost attributed to increased sponsorship, promotions, prize money, and contributions toward the race program. The team's dominant on-track performances significantly boosted...
Full Story »
Full Story »
You May Also Be Interested In...
Helmut Marko claims Daniel Ricciardo lost...
Red Bull advisor Helmut Marko has contended that Daniel Ricciardo's...
2w ago from MotorsportWeek.com
Yuki Tsunoda witnesses premature end to Red Bull F1...
Yuki Tsuonda took to the cockpit of a Red Bull Racing car after the...
2w ago from MotorsportWeek.com
Red Bull exodus fulfills Jos Verstappen’s worst fears
© XPB Phillip van Osten
01/10/2024 at 16:0701/10/2024 at 14:51...
2w ago from F1i.com
Red Bull lays out clear path for Verstappen to secure...
© XPB Phillip van Osten
30/09/2024 at 13:2430/09/2024 at 12:22...
2w ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Lorenzo: “Aggressive” Marquez now has more respect...
No description available...
3h ago from Motorsport.com
FIM announces MotoGP engine-freeze from 2025 season
The FIM has announced that there will be a two-year engine freeze for all...
5d ago from MotorsportWeek.c...
FIM announces two-year MotoGP engine freeze from 2025
No description available...
5d ago from Motorsport.com
How Marquez is the only MotoGP rider keeping the 'old'...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Lundgaard feels “more natural pace” with Arrow...
No description available...
18h ago from Motorsport.com
Hailie Deegan shifting to Indy NXT for 2025 with HMD...
No description available...
1d ago from Motorsport.com
Alex Palou tops 11-car test session on Indianapolis...
11 IndyCar drivers turned laps around Indianapolis Motor Speedway on...
4d ago from MotorsportWeek.c...
Exclusive Q&A with Mark Miles: How the GP of Arlington...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport's 2025 WRC driver line-up plans "up in...
No description available...
1d ago from Motorsport.com
Consistency Neuville's first focus as maiden WRC title...
No description available...
1d ago from Motorsport.com
Solberg's failed Rally Chile protest to be reheard by...
No description available...
4d ago from Motorsport.com
Skoda reveals Rally2-inspired EV race car concept
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'Arsenal would be fantastic' – Striker opens...
Sturm Graz striker Mika Biereth, who left Arsenal just a few months ago in...
28m ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Arsenal warned of...
No description available...
58m ago from SportsKeeda.com
Arsenal handed boost as transfer target stalls on new...
No description available...
2h ago from SportsKeeda.com
Arsenal expected to make approach to sign Premier...
Arsenal have a long-standing interest in Alexander Isak and are expected...
2h ago from CaughtOffside.com
Comments
Hottest News
Radical McLaren F1 changes REVEALED ahead of US Grand Prix
McLaren have unveiled some radical new changes to... Read More »
2h ago from GPFans.com
Wild Red Bull rumour swirling around Oscar Piastri
Oct.16 A fascinating rumour about Oscar Piastri... Read More »
3h ago from OneStopStrategy.com
FIA urged to BAN key historic F1 feature
The FIA have been urged by Sky Sports F1 pundit... Read More »
5h ago from GPFans.com
