News Details

Red Bull Racing saw revenue boost in 2023 but meager profit

©RedBull Michael Delaney 03/10/2024 at 12:5203/10/2024 at 12:50 Red Bull Racing has unveiled its financial report for the 2023 season, a year marked by unprecedented sporting success and a complex financial landscape. Despite dominating the Formula 1 world championship with a record 21 victories and securing their sixth Constructors' title, the team's bottom line experienced a downturn. Red Bull Racing's 2023 revenue reached £307,472 million ($402 million), up from £278,026 million in 2022, marking a 10.6% rise, a boost attributed to increased sponsorship, promotions, prize money, and contributions toward the race program. The team's dominant on-track performances significantly boosted...
Full Story »
9mo ago from F1i.com 0
Share

You May Also Be Interested In...

Helmut Marko claims Daniel Ricciardo lost...

Red Bull advisor Helmut Marko has contended that Daniel Ricciardo's...
9mo ago from MotorsportWeek.com

Yuki Tsunoda witnesses premature end to Red Bull F1...

Yuki Tsuonda took to the cockpit of a Red Bull Racing car after the...
9mo ago from MotorsportWeek.com

Red Bull exodus fulfills Jos Verstappen’s worst fears

© XPB  Phillip van Osten 01/10/2024 at 16:0701/10/2024 at 14:51...
9mo ago from F1i.com

Red Bull lays out clear path for Verstappen to secure...

© XPB  Phillip van Osten 30/09/2024 at 13:2430/09/2024 at 12:22...
9mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...
15h ago from MotorsportWeek.c...

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Former Arsenal captain agrees deal to return...

A former Arsenal captain is on the verge of a sensational return to the...
2h ago from FreshArsenal.com

Arsenal star reluctant to sign new deal until 2032...

William Saliba remains a key player at Arsenal despite Real Madrid's...
6h ago from SportsKeeda.com

Arsenal set to seal £55m deal as player flies to...

Arsenal are wasting no time in strengthening their squad for the new...
6h ago from FreshArsenal.com

How Arsenal player has just reacted to Romano transfer...

Arsenal are reportedly closing in on the capture of the Sporting CP...
7h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.