News Details
Healthy profits continue to roll in for Mercedes in F1
Another banner year for Mercedes in 2018 produced another round of healthy profits for the championship winning team according to its latest accounts. Mercedes AMG F1's revenues, sourced from its prize money sponsorship and parent company Daimler AG, improved only slightly from £337.2m in 2017 to £338.4m in 2019. Overall costs year-over-year rose from £309.7m to £311.4m, leaving the Brackley squad with a nice post-tax profit of £13.3m. Mercedes sacks Brackley employees after racism complaint Relatively stable regulations in Formula 1 kept R&D levels in check, but Mercedes' payroll continued to rise - from £87.2m to £93.7m - as it boosted its headcount once again. Daimler AG's...
Full Story »
Full Story »
You May Also Be Interested In...
Hamilton's bold new set of Mercedes wheels
©Mercedes Mercedes-Benz has gone back to the future with its latest...
6y ago from F1i.com
Hamilton admits Mercedes 'not where it wants to be'
Lewis Hamilton admitted that Mercedes was not where it wants to be versus...
6y ago from F1i.com
Mercedes will 'turn weaknesses into strengths' - Wolff
Mercedes boss Toto Wolff says the Silver Arrows outfit's defeat in...
6y ago from F1i.com
Bottas: Crucial tyre choice set up Mercedes for...
Both Toto Wolff and Valtteri Bottas agree that Mercedes' decision to...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Brazilian GP: Marc Marquez scores comeback win...
No description available...
13h ago from Motorsport.com
Marc Marquez: Brazil GP sprint would have been...
No description available...
11h ago from Motorsport.com
Fabio Di Giannantonio secures pole position on...
VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...
18h ago from MotorsportWeek.c...
Marc Marquez takes victory in first-ever Brazilian...
Marc Marquez claimed his first Sprint victory of the season in the...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
9h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Carabao Cup final preview: A chance for silverware and...
Morning all, it's Carabao Cup final day. It's our first final since the FA...
1h ago from Arseblog.com
‘One-nil down, two-one up’: when Arsenal won their...
enal hope to win the trophy for a third time against Manchester City on...
3h ago from TheGuardian.com
‘We enjoy it’: Gabriel relishing Carabao Cup final...
der of Arsenal’s defence ‘gives everything for the badge’ and hopes...
10h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Max Verstappen disqualified after race win...
Four-time F1 champion Max Verstappen was... Read More »
1h ago from GPFans.com
Mercedes issue official statement after shock Max...
Max Verstappen, Dani Juncadella and Jules Gounon... Read More »
2h ago from RacingNews365.com
Max Verstappen Red Bull Nurburgring ban confirmed - 'Too...
Four-time F1 champion Max Verstappen may have... Read More »
2h ago from GPFans.com
