News Details
Mercedes put a £324m price on its 2020 world championship
Reigning F1 world champions Mercedes spent £324m to win the world championship in 2020, but despite the hefty expense and the impact of the Covid-19 crisis on F1, the German outfit still racked in a profit last year. Newly released company accounts show that the Brackley squad's revenue fell only slightly from £363.6M to £355.5m in its fiscal year 2020. The numbers reflect the sport's overall drop in revenue due to the lesser amount of races last season but also a surprising boost in sponsorship income for Mercedes that mitigated F1's reduced payments to teams. Furthermore, Daimler's contribution last year was fractionally reduced compared to 2019, the manufacturer supporting its F1...
Full Story »
Full Story »
You May Also Be Interested In...
Wolff: Unless Bottas can't drive he will be in the car
Formula 1 champions Mercedes will not be replacing Valtteri Bottas this...
4y ago from GrandPrix247.com
Wolff: Red Bull raid no destabilization whatsoever
According to Mercedes team boss Toto Wolff, Red Bull's raid on Mercedes...
4y ago from GrandPrix247.com
Grosjean to return to F1 in one-off Mercedes test
Romain Grosjean will drive a Formula One car for the first time since his...
4y ago from espnF1.com
Wolff: No doubt Hamilton can race into his 40s
August has been pencilled in as time for Lewis Hamilton to sign a...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
21h ago from Motorsport.com
MotoGP Spanish GP: Alex Marquez ends Aprilia’s...
No description available...
7m ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
23h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Oliver Solberg crashes out of...
No description available...
1h ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
2h ago from MotorsportWeek.c...
Sebastien Ogier hangs on to Rally Islas Canarias lead...
Sebastien Ogier started Saturday with a relatively handy lead of 8.9...
19h ago from MotorsportWeek.c...
WRC Canary Islands: Ogier hails ‘intense’ Solberg...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Declan Rice sets target for Arsenal after win over...
Arsenal midfielder Declan Rice has called for his teammates to work hard...
1h ago from SportsKeeda.com
‘He's struggling in the games' – Neville...
Mikel Arteta might be breathing a massive sigh of relief today, but the...
56m ago from CaughtOffside.com
'This could be a cracking deal for them' - Pundit tips...
Pundit Angelina Kelly has urged Arsenal to sign Manchester United loanee...
1h ago from SportsKeeda.com
Arteta issues Havertz injury update ahead of Premier...
Just as Arsenal fans thought their injury curses were finally lifting, the...
3h ago from CaughtOffside.com
Comments
Hottest News
Kimi Antonelli issues defiant message to F1 title rivals...
Andrea Kimi Antonelli has opened up about his... Read More »
2h ago from MotorsportWeek.com
James Vowles reveals shunning three F1 rivals for Williams...
James Vowles has described the reasons why he... Read More »
2h ago from MotorsportWeek.com
Who is Stefano Domenicali? From tax expert and Ferrari team...
The battle for the soul of F1 is raging right... Read More »
2h ago from GPFans.com
