News Details
Mercedes lost £76.9m in winning 2014 F1 title
The Mercedes Formula 1 team posted a loss of £76.9m during its title-winning season in 2014, the company's annual accounts have revealed. The team also enjoyed substantially increased revenues, but the high costs of the hybrid V6 rule changes and bonuses paid as a result of the ongoing success ensured that costs increased at a far higher rate. In fact, the report for Mercedes-Benz Grand Prix Ltd reveals that turnover (essentially amounting to sponsorship and prize money) increased from £125.2m in 2013 to £146.9m in 2014, “due to higher sponsorship revenue and increased income from the Commercial Rights Holder flowing from improved track performance in 2013.” Meanwhile operating costs...
Full Story »
Full Story »
10y ago from Motorsport.com
0
You May Also Be Interested In...
Manor confirms Mercedes power from 2016
Following the conclusion of a multi-year supply agreement, Manor Marussia...
10y ago from GrandPrix247.com
Mercedes-Benz Power for Manor Marussia
Following the agreement of a multi-year deal, Manor Marussia will race...
10y ago from TheCheckeredFlag....
Reader Rights: TV blackouts and Bernie Ecclestone
The controversial TV blackout for Mercedes during the 2015 Japanese Grand...
10y ago from GrandPrix247.com
Manor secures 'multi-year' Mercedes engine deal
The Manor Marussia F1 Team will switch from Ferrari power to Mercedes for...
10y ago from GrandPrixTimes.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
3h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
2h ago from MotorsportWeek.c...
Jacob Abel prioritizing IMSA effort but still desires...
No description available...
2h ago from Motorsport.com
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
18h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
5h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
5d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool eye midfield fix with £100m Arsenal and Man...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
1h ago from CaughtOffside.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
3h ago from CaughtOffside.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
11h ago from CaughtOffside.com
Manchester United and Arsenal interested in signing...
Manchester United and Arsenal are reportedly interested in former Chelsea...
9h ago from SportsKeeda.com
Comments
Hottest News
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
5h ago from GPFans.com
Red Bull F1 boss to miss Bahrain testing
Red Bull F1 team principal Laurent Mekies will... Read More »
1h ago from GPFans.com
Cowell reportedly set to leave Aston Martin in coming months
Andy Cowell – the respected former Mercedes... Read More »
4h ago from F1i.com
