News Details
Mercedes reports big financial loss for 2014
XPB Images
Mercedes' company accounts for the 2014 financial year have revealed just how costly winning the world championship can prove to be. According to the car manufacturer's official company financial report for last year, Mercedes AMG Petronas F1 Team posted a loss of £76.9 million ($117m) while clinching its first driver and constructor world championships since the marque returned to Formula One as a works team. A large portion of the costs were related to the development of the new hybrid V6 power unit which has proven the class of the field ever since it took to the track. Increased staff numbers (up from 663 in 2013 to 765) and bonuses calculated according to the...
Full Story »
Full Story »
You May Also Be Interested In...
Merc lose millions despite title triumph
Mercedes F1 have posted a loss of £76.9million for the 2014...
8y ago from PlanetF1.com
Title winners Mercedes post £77m loss
Despite winning both titles, Mercedes all-conquering 2014 season sees...
8y ago from Pitpass.com
Mercedes announces losses of £77million for 2014...
Mercedes-Benz Grand Prix Ltd have announced their losses made during the...
8y ago from F1Hub.net
Mercedes lost £76.9m in winning 2014 F1 title
The Mercedes Formula 1 team posted a loss of £76.9m during its...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Miller ‘quite dumbfounded' after Morbidelli...
KTM rider Jack Miller was left feeling 'quite dumbfounded' after an...
1h ago from MotorsportWeek.c...
Marquez 'doesn't have just one option' for 2025...
No description available...
5h ago from Motorsport.com
Yamaha's turning woes led to arm pump for Quartararo...
No description available...
18m ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren releases Malukas due to lingering hand...
Arrow McLaren announced Monday that it has released David Malukas from its...
1d ago from MotorsportWeek.c...
IndyCar Barber: Start times, how to watch on TV, entry...
No description available...
4d ago from Motorsport.com
Arrow McLaren releases David Malukas from IndyCar...
No description available...
1d ago from Motorsport.com
Power feeling close to IndyCar form that captured 2022...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Stellantis motorsport chief gives verdict on WRC...
No description available...
2h ago from Motorsport.com
FIA: WRC regulations debate won’t affect 2025 tyre...
No description available...
1d ago from Motorsport.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
6d ago from Motorsport.com
WRC looking to add F1-style team radio to TV broadcasts
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal news: Jorginho set to extend Gunners stay
No description available...
1h ago from SkySports.com
Exclusive: Arsenal wonderkid has transfer interest...
Arsenal wonderkid Chido Obi-Martin has interest from Borussia Dortmund and...
28m ago from CaughtOffside.com
Arsenal 'offer new contract to 32-year-old midfielder'
Arsenal reportedly offer 32-year-old midfielder Jorginho a new contract,...
1h ago from SportsMole.co.uk
How VAR intervened to prevent mistake in NLD
Speaking on Match Officials Mic'd Up, PGMOL chief Howard Webb explains how...
18m ago from SkySports.com
Comments
Hottest News
Newey submits Red Bull 'resignation' ahead of exit
Red Bull’s technical genius - Adrian Newey, is... Read More »
4h ago from GPFans.com
'Official' Red Bull statement on Newey exit IMMINENT
An official Red Bull statement on the future of... Read More »
6h ago from GPFans.com
Newey 'desire' for DIFFERENT role at Ferrari revealed
Adrian Newey has expressed a ‘desire’ for a... Read More »
9h ago from GPFans.com
