News Details
Aston Martin F1 posts £53m loss despite revenue increase
The Aston Martin Formula 1 team reported a £53 million loss for its fiscal year 2022, an increase of £9 million compared to the deficit incurred by the Silverstone-based outfit in the previous year. Aston’s larger loss has come despite the team boosting its overall revenue by more than £32 million thanks to increased sponsorship and prize money. But a significant general rise in costs in 2022 linked to F1’s regulation overhaul has more than offset the team’s improved turnover. Following a restructuring, the team now operates under the name of AMR GP Limited, a subsidiary of AMR GP Holdings Limited. Figures revealed that the team's total revenue in 2022 amounted to £188,728,000,...
Full Story »
Full Story »
You May Also Be Interested In...
Lewis Hamilton speaks out after Mercedes...
Lewis Hamilton was delighted to have qualified seventh on Saturday at the...
1y ago from Formula1News.co.uk
Fernando Alonso lashes out at Aston Martin as...
Fernando Alonso was left frustrated by Aston Martin's strategy at the...
1y ago from Formula1News.co.uk
Oscar Piastri’s mother rejects McLaren offer
McLaren Formula One team principal, Zak Brown, has extended a...
1y ago from Formula1News.co.uk
Mercedes confirm they'll internally discuss Lewis...
Mercedes' Bradley Lord confirmed after the Japanese Grand Prix that Lewis...
1y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Here’s what MotoGP riders think about Liberty...
No description available...
9h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia praise MotoGP...
No description available...
13h ago from Motorsport.com
Fabio Quartararo knows he can “fight at the front”...
No description available...
14h ago from Motorsport.com
BMW: Losing Toprak Razgatlioglu to MotoGP feels like...
BMW says losing Toprak Razgatlioglu departure from its WorldSBK team to...
17h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
9h ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
2d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
4d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Here's how Hyundai’s driver cooling system will...
No description available...
14h ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
18h ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
24-G/A star ‘not closing any doors' amid...
RB Salzburg attacker Dorgeles Nene has been linked with a move away from...
5h ago from CaughtOffside.com
Barcelona Transfer News Roundup: Catalans eyeing...
Barcelona are looking to improve their squad after an impressive 2024-25...
8h ago from SportsKeeda.com
Report: Arsenal keen on 26-year-old Brazilian Berta...
Arsenal are considering a move for the Inter Milan defender Carlos Augusto...
8h ago from CaughtOffside.com
Report: Arsenal now negotiating their second signing...
Arsenal are working on a deal to sign the Chelsea attacker Noni Madueke...
10h ago from CaughtOffside.com
Comments
Hottest News
Brad Pitt admits huge 'love' for F1 star and it's NOT Lewis...
Brad Pitt has admitted his ‘love’ for a... Read More »
6h ago from GPFans.com
Tsunoda targets 'consistency' at this weekend's Austrian...
On the eve of this weekend's Austrian Grand Prix,... Read More »
1h ago from F1Technical.net
Sainz wants to try 'a lot with my FW47' at Spielberg
Ahead of this weekend's Austrian Grand Prix,... Read More »
2h ago from F1Technical.net
