News Details
Red Bull spent over $300-million for 2019 F1 campaign
Red Bull Racing spent £237.3 million ($304.84 million) in finishing third in Formula 1 last season and recognised ‘adaptions' would be needed to meet a $145-million cost cap coming in for 2021. The Honda-powered team, one of two owned by the Austrian energy drink company, reported a profit of £618,000 compared to a previous £923,000 in the year ending 31 December The expenditure compared to £239.6-million in 2018, when British-based Red Bull were also third and using Renault engines. Turnover was £245.4-million, up slightly from a previous £245.1-million. 'Costs remain under control and the team is mindful of adaptions necessary for new FIA Financial Regulations coming into...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Hamilton Reportedly Agrees £120mn Contract ‘In...
Lewis Hamilton has agreed a £120 million contract “in principle”...
5y ago from Formula1News.co.uk
‘Never Say Never’: Wolff Doesn’t Rule Out...
Earlier this week, it was reported that Lewis Hamilton had agreed a £120...
5y ago from Formula1News.co.uk
Sergio Perez Says He Would Definitely Accept Red Bull...
Sergio Perez, who is currently without an F1 drive for the 2021 season,...
5y ago from Formula1News.co.uk
Fernando Alonso starts 2021 prep with first visits to...
Fernando Alonso has spent two days at Renault's bases at Enstone and...
5y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
7h ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
9h ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
1d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
1d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
4h ago from Motorsport.com
Elfyn Evans in charge on Rally Sweden
Ice, sunshine and flat-out driving was the order of the day on Rally...
4h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Liverpool icon Didi Hamann claims he can see Arsenal...
Former Liverpool midfielder Dietmar Hamann believes Bayern Munich can stop...
10h ago from SportsKeeda.com
“Ultimately, I didn’t like him” - Dirk Kuyt...
Former Liverpool forward Dirk Kuyt shared his thoughts on former Reds...
14h ago from SportsKeeda.com
Sources: Liverpool 'frontrunners' for £95m-rated...
Liverpool are currently looking like the early frontrunners for a...
14h ago from CaughtOffside.com
Arsenal & Spurs given transfer update on...
Arsenal and Tottenham are reportedly among the potential transfer suitors...
16h ago from CaughtOffside.com
Comments
Hottest News
'One more year in hell' for Fernando Alonso as Aston Martin...
With all the talk around the possible retirements... Read More »
2h ago from GPFans.com
F1 star George Russell gets near-perfect WikiFeet rating as...
George Russell can now add a shockingly high... Read More »
1h ago from GPFans.com
Lewis Hamilton confirms Ferrari 'discoveries' as Max...
Check out the biggest stories of the day with the... Read More »
2h ago from RacingNews365.com
