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Aston Martin report huge loses
Aston Martin's 2022 financial year was seemingly not a good one, as the Silverstone-based team declared a loss of £53 million, compared to their 2021 financial loss of £44 million. The British outfit lost more money in 2022 despite having actually increased its turnover by £32 million, with the team having turned over £188,728,000 last year, according to figures released to the public, as reported by Motorsport.com. The new aerodynamic regulations are largely to blame for the outfit's loss, who now operate under the AMR GP Limited name, a subsidiary of AMR GP Holdings Limited. In order to race in every round of Formula 1 last season, Aston Martin spent an astonishing £152,046,00,...
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11mo ago from Formula1News.co.uk
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