News Details
Merc lose millions despite title triumph
Mercedes F1 have posted a loss of £76.9million for the 2014 financial year, despite winning both the Drivers' and the Constructors' Championships. The Brackley-based team reported a substantial increase in revenue, but an even greater rise in cost means that the team walks away with significant losses, although they are 'within the pre-defined parameters set by the shareholders.' Mercedes' revenue, which primarily comes from sponsorship and prize money, increased from £125.2m in 2013 to £146.9m in 2014, while their operating costs rose from £190.7m to £240.2m, a figure put down to the high costs of the hybrid V6 rule changes. The financial report indicates...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Title winners Mercedes post £77m loss
Despite winning both titles, Mercedes all-conquering 2014 season sees...
9y ago from Pitpass.com
Vettel still targeting title despite gap
XPB Images
Sebastian Vettel says he will continue to target...
9y ago from F1i.com
F1 2015 title like ‘winning the lottery’ –...
F1 2015 title like ‘winning the lottery' – Arrivabene Posted...
9y ago from ThisIsF1.com
Mercedes lost £76.9m in winning 2014 F1 title
The Mercedes Formula 1 team posted a loss of £76.9m during its...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez tops first MotoGP practice in Brno
Factory Ducati's Marc Marquez topped the timesheets in the first MotoGP...
1h ago from MotorsportWeek.c...
Jorge Martin confirms decision to remain with Aprilia...
Reigning MotoGP World Champion Jorge Martin has reversed his decision to...
20h ago from MotorsportWeek.c...
Jorge Martin has no “regrets” after attempts to...
No description available...
18h ago from Motorsport.com
Yamaha V4 engine ‘two seconds slower' than...
Yamaha rider Alex Rins revealed that the manufacturer’s V4 project is...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
16h ago from Motorsport.com
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
18h ago from Motorsport.com
Taylor Barnard rejected McLaren IndyCar and WEC offers...
Taylor Barnard has turned down the chance to race for Arrow McLaren in...
1d ago from MotorsportWeek.c...
IndyCar Iowa – Race 1 Results
The first race of IndyCar’s double-header weekend from Iowa Speedway...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
21m ago from Motorsport.com
The key questions ahead of WRC Rally Estonia
No description available...
19h ago from Motorsport.com
Why Adrian Newey “goes to another office” to avoid...
No description available...
2d ago from Motorsport.com
Sudden failure forces Adrien Fourmaux out of Rally...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Journalist claims Arsenal have made concrete approach...
German football journalist Christian Falk has made the claim that Arsenal...
1h ago from CaughtOffside.com
Expert reveals CL giants have held talks over Arsenal...
Christian Falk reports that Arsenal duo Gabriel Martinelli and Leandro...
2h ago from CaughtOffside.com
“He’s a machine!” - John Obi Mikel names player...
Former Chelsea midfielder John Obi Mikel has heaped praise on Arsenal star...
2h ago from SportsKeeda.com
Episode 837 – Eze does it
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
11m ago from Arseblog.com
Comments
Hottest News
Mercedes replacing George Russell with Max Verstappen would...
2009 F1 World Champion Jenson Button has advised... Read More »
1h ago from MotorsportWeek.com
Ferrari update poised to be bad news for Red Bull and...
Ferrari is set to unveil its final major upgrade... Read More »
1h ago from RacingNews365.com
Struggling Renault tipped to offload Alpine F1 team
Jul.18 Staff and fans of Renault's Formula 1... Read More »
4h ago from OneStopStrategy.com
