News Details
Mercedes put a £324m price on its 2020 world championship
Reigning F1 world champions Mercedes spent £324m to win the world championship in 2020, but despite the hefty expense and the impact of the Covid-19 crisis on F1, the German outfit still racked in a profit last year. Newly released company accounts show that the Brackley squad's revenue fell only slightly from £363.6M to £355.5m in its fiscal year 2020. The numbers reflect the sport's overall drop in revenue due to the lesser amount of races last season but also a surprising boost in sponsorship income for Mercedes that mitigated F1's reduced payments to teams. Furthermore, Daimler's contribution last year was fractionally reduced compared to 2019, the manufacturer supporting its F1...
Full Story »
Full Story »
You May Also Be Interested In...
Wolff: Unless Bottas can't drive he will be in the car
Formula 1 champions Mercedes will not be replacing Valtteri Bottas this...
4y ago from GrandPrix247.com
Wolff: Red Bull raid no destabilization whatsoever
According to Mercedes team boss Toto Wolff, Red Bull's raid on Mercedes...
4y ago from GrandPrix247.com
Grosjean to return to F1 in one-off Mercedes test
Romain Grosjean will drive a Formula One car for the first time since his...
4y ago from espnF1.com
Wolff: No doubt Hamilton can race into his 40s
August has been pencilled in as time for Lewis Hamilton to sign a...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
1d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
2d ago from Motorsport.com
MotoGP: Qatar GP ‘unlikely', but a ‘plan...
MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
David Malukas earns Phoenix IndyCar pole as Will Power...
No description available...
14h ago from Motorsport.com
IndyCar's David Malukas eager to convert Phoenix pole...
No description available...
11h ago from Motorsport.com
IndyCar Phoenix – Qualifying Results
IndyCar’s busy Friday continued with a single-car, two-lap qualifying...
14h ago from MotorsportWeek.c...
IndyCar veterans praise Mick Schumacher for...
No description available...
12h ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
1d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
14 G/A star puts Arsenal on alert as he's open to...
Arsenal are reportedly interested in a potential transfer swoop for Paris...
14m ago from CaughtOffside.com
'My agent's calling me…' – Former Arsenal...
Former Arsenal star Alex Iwobi has revealed the chaotic way his exit from...
1h ago from CaughtOffside.com
Andrea Berta working on risky Arsenal signing, agent...
Arsenal sporting director Andrea Berta is reportedly working on signing...
2h ago from CaughtOffside.com
Rotation options limited for Mansfield FA Cup trip
Morning all. It's going to be a very quick blog this morning because it's...
2h ago from Arseblog.com
Comments
Hottest News
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
1h ago from GPFans.com
Lewis Hamilton raises suspicion over Mercedes 'extra power'
Lewis Hamilton was left surprised by Mercedes'... Read More »
2h ago from RacingNews365.com
Lando Norris says George Russell only one saying Australian...
Lando Norris did not have the best of starts to... Read More »
1h ago from GrandPrix247.com
