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...
3y ago from GrandPrix247.com
Wolff: Red Bull raid no destabilization whatsoever
According to Mercedes team boss Toto Wolff, Red Bull's raid on Mercedes...
3y 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...
3y 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...
3y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia provides update on Suzuka 8 Hours...
Two-time MotoGP champion Francesco Bagnaia has provided an update on a...
2h ago from MotorsportWeek.c...
Francesco Bagnaia: Jorge Martin ‘impossible to...
Ducati’s Francesco Bagnaia has conceded that it was “impossible to...
23h ago from MotorsportWeek.c...
Pedro Acosta says his first MotoGP win is...
Pedro Acosta thinks he is 'getting closer and closer' to achieving his...
20h ago from MotorsportWeek.c...
How Michael Jordan inspires Acosta to bet on KTM for...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
Alex Palou officially accepts title at IndyCar’s...
The NTT IndyCar Series held its annual post-season Victory Lap...
22h ago from MotorsportWeek.c...
Kyle Kirkwood sees season-ending pole, performance as...
No description available...
1d ago from Motorsport.com
Confirmed: Michael Andretti transitioning out of...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Alonso: Third F1 title my "only priority",...
No description available...
2h ago from Motorsport.com
Ekstrom joins Ford’s Dakar team for 2025 after Audi...
No description available...
1d ago from Motorsport.com
Tanak: Neuville is “not safe yet” in WRC title...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I didn't know he had this much in his armoury' –...
No description available...
59m ago from SportsKeeda.com
Chelsea rival Liverpool for versatile star, Arsenal...
Chelsea are reportedly keeping tabs on Bayer Leverkusen's versatile...
39m ago from CaughtOffside.com
Arsenal monitoring 25-year-old England international...
Arsenal are tracking the progress of Crystal Palace midfielder Adam...
39m ago from CaughtOffside.com
“We will need him and that energy” - Ian Wright's...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Norris suffers HUGE loss after major statement released
Lando Norris is facing a bitterly disappointing... Read More »
5h ago from GPFans.com
F1 team project ROCKED after team boss exit confirmed
A Formula 1 team project has been rocked by the... Read More »
3h ago from GPFans.com
Alonso admits Triple Crown dream likely over
Fernando Alonso’s pursuit of motorsport’s... Read More »
3h ago from F1i.com