News Details
Aston Martin declares huge loss for 2022 F1 campaign
Article To news overview © Aston Martin Aston Martin has revealed a loss of $53 million for last year’s Formula 1 campaign - an increase of the deficit declared in 2021. The loss comes despite its turnover increasing by over $32m due to sponsorship and prize money payments. Aston Martin has been expanding its F1 operation since it joined the grid in 2021, constructing a new factory at Silverstone, with its doors officially opening in July earlier this year. It was noted that “as of December 31 2021 the group was committed to capital expenditure of $64,985,490 relating to the development of the Aston Martin F1 Campus”. Working under the name of AMR GP Limited, figures released to the...
Full Story »
Full Story »
1y ago from RacingNews365.com
0
You May Also Be Interested In...
Tsunoda full of praise for AlphaTauri after...
Yuki Tsunoda earned himself a first Q3 appearance since May's Monaco Grand...
1y ago from MotorsportWeek.com
Lewis Hamilton claims he wants to help George Russell
Lewis Hamilton has extended his support to George Russell following the...
1y ago from Formula1News.co.uk
Why Hamilton contract negotiations were 'tricky' for...
Article To news overview © XPBimages Toto Wolff has offered an insight...
1y ago from RacingNews365.com
Oscar Piastri’s mother rejects McLaren offer
McLaren Formula One team principal, Zak Brown, has extended a...
1y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir suffers fracture after French GP collision...
No description available...
4h ago from Motorsport.com
Marc Marquez states importance of second at French GP...
No description available...
4h ago from Motorsport.com
Jack Miller "devastated" by French GP crash...
No description available...
4h ago from Motorsport.com
Johann Zarco says French GP win will help factory...
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou dominates IndyCar field, extends winning...
No description available...
22h ago from Motorsport.com
Here are IndyCar’s Winners and Losers heading to the...
No description available...
21h ago from Motorsport.com
IndyCar: Graham Rahal leaves Indy race yearning for...
No description available...
20h ago from Motorsport.com
Tire strategy undoes Graham Rahal’s best win chance...
Graham Rahal started in second place for Saturday’s Sonsio Grand Prix...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Discover the updated WRC 2027 rules presented to WRC...
No description available...
2d ago from Motorsport.com
Exclusive: Carlos Sainz Sr explains why “now is the...
No description available...
4d ago from Motorsport.com
Who is potential FIA presidential candidate Carlos...
No description available...
4d ago from Motorsport.com
Exclusive: Carlos Sainz Sr considering run for FIA...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arne Slot will pick Alexander-Arnold for Liverpool’s...
t;li>Defender booed by fans in Anfield draw with Arsenal‘The club...
1h ago from TheGuardian.com
Arsenal could start three emergency attackers against...
Arsenal boss Mikel Arteta faces the prospect of a double attacking blow...
3h ago from SportsMole.co.uk
Arne Slot gives his take on Trent Alexander-Arnold as...
Liverpool boss Arne Slot offered his thoughts on outgoing right-back Trent...
1h ago from SportsKeeda.com
Comments
Hottest News
Alonso hit by tragic death to long time ally as Imola grand...
Fernando Alonso has been hit by tragedy following... Read More »
29m ago from GPFans.com
Alonso: I’ll miss you, Fabri. Every single day
Fernando Alonso’s great friend and trusted... Read More »
3h ago from GrandPrix247.com
How long before Lindblad replaces Lawson at Racing Bulls?
Juan Pablo Montoya cast doubt on Liam Lawson’s... Read More »
2h ago from GrandPrix247.com
