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Mercedes spent $442 million in 2019
Formula One champions Mercedes spent 333 million pounds ($442 million) in winning both titles last year but still reported a profit, according to the team's published 2019 accounts. Mercedes are on course to win both titles again this season for the seventh year in a row, with six-times world champion Lewis Hamilton 47 points clear of his closest rival Max Verstappen after seven races. The results to end-December showed Mercedes made a post-tax profit of 14.7 million pounds, compared with a previous 12.6 million. They won 15 races last year, including nine one-two finishes, and 32 podium places in all. The accounts said Mercedes had enjoyed a 23.6% share of television coverage, generating...
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5y ago from espnF1.com
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