News Details
Daimler boss wants to see Mercedes F1 make a profit
It's often said that that the way to make a small fortune in Formula 1 is to start with a big fortune, but Daimler is looking to change that adage and put its championship-winning Mercedes team into profitability. In recent seasons the team is reported to have spent over $400m per season to clinch the constructors title over a record seven consecutive occasions. That's offset by its value in advertising for the brand and by the development of in-house technical expertise. But this year sees a spending cap being introduced to the sport. It limits the teams to an operating budget of no more than $145m which will be further reduced over the next two seasons. With lower costs, Daimler is now...
Full Story »
Full Story »
You May Also Be Interested In...
Daimler CEO clarifies choice for INEOS: "Win-win...
In February 2020, Mercedes announced that they had attracted a new main...
5y ago from GPBlog.com
Jordan: If I were Daimler's boss, I would show Lewis...
While Lewis Hamilton has yet to sign an extension with Mercedes, former...
5y ago from GrandPrix247.com
Daimler target profitable Mercedes F1 team
Daimler chairman Ola Källenius hopes INEOS's investment, combined with...
5y ago from PlanetF1.com
‘The World Is On Fire’: Ex-F1 Driver Lambasts...
Sir Lewis Hamilton and Mercedes have failed to agree terms of a...
5y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang test: Schedule, entry list and how to...
No description available...
15h ago from Motorsport.com
Fabio Quartararo responds to speculation about Honda...
No description available...
18h ago from Motorsport.com
Alex Marquez: "Gresini is the most solid option,...
No description available...
21h ago from Motorsport.com
This is how every bike on the 2026 MotoGP grid looks
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Nolan Siegel says pressure of contract year...
No description available...
15h ago from Motorsport.com
IndyCar announces Donald Trump-backed race on National...
IndyCar has announced an inaugural race on America's National Mall,...
1d ago from MotorsportWeek.c...
Will Power: Andretti “will be the best team in the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
4d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Madueke to haunt Chelsea after getting off mark at...
Noni Madueke made use of the time wisely. With around 20 minutes until...
1h ago from SkySports.com
Arsenal vs Chelsea live on Sky: Gunners waiting on...
No description available...
1h ago from SkySports.com
‘One to watch' – Arsenal given hope of...
Arsenal’s transfer strategy has been forced into an unexpected turn...
2h ago from CaughtOffside.com
Advantage Arsenal, but still work to do to reach...
Morning all. It's a big one this evening as we take on Chelsea in the...
2h ago from Arseblog.com
Comments
Hottest News
Williams bank new partner to unite 'two British icons'
Williams has announced the signing of a new... Read More »
59m ago from RacingNews365.com
Alonso x Newey: The star pupil has a new teacher and it's...
F1 legend Fernando Alonso has heaped praise on... Read More »
59m ago from GPFans.com
Esteban Ocon says it looks to be difficult to pass with...
Haas driver Esteban Ocon warned that overtaking... Read More »
59m ago from GrandPrix247.com
