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 »
Full Story »
You May Also Be Interested In...
Helmut Marko claims Daniel Ricciardo lost...
Red Bull advisor Helmut Marko has contended that Daniel Ricciardo's...
1y 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...
1y 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...
1y 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...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
12h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
14h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
4d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
11h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
8h ago from CaughtOffside.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
8h ago from CaughtOffside.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
17h ago from SkySports.com
Arsenal latest: Kepa ready for Chelsea reunion in...
No description available...
17h ago from SkySports.com
Comments
Hottest News
F1 Academy reveals where it will support Formula One in 2026
F1 Academy, the female-only, Formula-4 level... Read More »
2h ago from F1Technical.net
Ferrari suggests that it could take some positives despite...
On the back of a disastrous season for the... Read More »
2h ago from F1Technical.net
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
10h ago from RacingNews365.com
