News Details

Aston Martin report huge loses

Aston Martin's 2022 financial year was seemingly not a good one, as the Silverstone-based team declared a loss of £53 million, compared to their 2021 financial loss of £44 million. The British outfit lost more money in 2022 despite having actually increased its turnover by £32 million, with the team having turned over £188,728,000 last year, according to figures released to the public, as reported by Motorsport.com. The new aerodynamic regulations are largely to blame for the outfit's loss, who now operate under the AMR GP Limited name, a subsidiary of AMR GP Holdings Limited. In order to race in every round of Formula 1 last season, Aston Martin spent an astonishing £152,046,00,...
Full Story »
Share

You May Also Be Interested In...

Aston Martin F1 posts £53m loss despite revenue...

The Aston Martin Formula 1 team reported a £53 million loss for its...
2y ago from F1i.com

Aston Martin reveal massive financial losses

The Aston Martin Formula 1 team faced a substantial financial challenge in...
2y ago from GPFans.com

Aston Martin reports mega loss on F1 operations in 2022

Aston Martin - and owner Lawrence Stroll in particular - is extremely...
2y ago from GPBlog.com

Potential F1 entrant secures $1 billion investment

Emerging motorsport team LKYSUNZ has announced a major breakthrough by...
2y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar grows international broadcast offerings for...

The NTT IndyCar Series has announced that its already extensive global...

Alexander Rossi fastest as rain disrupts second...

The NTT IndyCar Series completed the second and final day of testing at...
21h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Elfyn Evans wins Swedish showdown

Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...

Popular On GunnersToday.com

Newcastle star Anthony Gordon's preferred club amid...

Newcastle United star Anthony Gordon reportedly prefers a move to...
35m ago from SportsKeeda.com

Arsenal ready to complete attacking puzzle with move...

Arsenal remain interested in signing Nico Williams from Athletic Club...
1h ago from CaughtOffside.com

Arsenal & Man United have ‘significant'...

Karl Etta Eyong has been linked with a move away from Levante, and the...
1h ago from CaughtOffside.com

Report: Man Utd have discussed £95m Liverpool...

Manchester United have reportedly had some internal discussions about the...
7h ago from CaughtOffside.com

Comments

Hottest News

Aston Martin F1 agony laid bare in 87 painful seconds as...

Aston Martin's F1 testing agony was laid bare in... Read More »
3h ago from GPFans.com

F1: Test Times: Bahrain 19-02

Today's times from Manama, the second day of the... Read More »
5h ago from Pitpass.com

Lewis Hamilton's LIGHTNING F1 start blitzes rivals and...

Lewis Hamilton's rocketship speed trounced his F1... Read More »
2h ago from GPFans.com

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.