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

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Popular On IndyCarToday.com

Pato O’Ward fastest in opening practice in Laguna...

Laguna Seca was the setting for IndyCar’s first practice session on...

Arrow McLaren set to move into new race facility in...

Arrow McLaren has officially taken ownership of what will be its new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Gyokeres medical today, but will he go on tour?

It's Saturday in Singapore! The big news this morning is that Saturday in...
5h ago from Arseblog.com

Arsenal vs Newcastle United Prediction and Betting...

Arsenal will lock horns against Newcastle United at the Singapore National...
11h ago from SportsKeeda.com

Report: Arsenal preparing a strong push to sign...

Arsenal are interested in securing the services of the Ajax defender...
13h ago from CaughtOffside.com

Viktor Gyokeres to wear iconic Arsenal jersey number...

Viktor Gyokeres will reportedly wear the jersey number 14 for Arsenal...
15h ago from SportsKeeda.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.