News Details

Red Bull Racing untroubled by Formula One's fall in profits

Red Bull's Christian Horner believes Formula 1's recent decrease in profits is about taking one step back before taking two steps forward as the sport invests in its future. Formula 1 announced its quarterly results last week which registered a decrease in profits of 13 percent compared to the same period last year. Profits year-to-date fell from $316 million to $276 million for the first nine months of 2017 The downturn will obviously directly impact the teams' bottom line, but Horner insists Red Bull is not worried by the numbers. "It's circumstances. Obviously they're building an infrastructure, they're investing in the business, it's just a different model to what it used to...
Full Story »
6y ago from F1i.com 0
Share

You May Also Be Interested In...

Horner against changing F1's weekend format

Red Bull Racing's Christian Horner isn't convinced eliminating Friday's...
6y ago from F1i.com

Steiner: They’ve thrown out a good concept to start...

Amid rumblings that the major Formula 1 manufacturers – Ferrari,...
6y ago from GrandPrix247.com

Alonso nearly went to Red Bull, Horner reveals

Red Bull Racing principal Christian Horner has revealed how the team...
6y ago from F1i.com

Massa: Part of me wanted to carry on

Felipe Massa is hanging up his Formula 1 helmet at the end of this season...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati riders say MotoGP race win on GP23 will...

Factory Ducati pairing Francesco Bagnaia and Enea Bastianini both believe...

KTM welcome Bastianini and Vinales to rebranded Tech3...

KTM confirmed on Thursday that Maverick Vinales and Enea Bastianini will...

Popular On IndyCarToday.com

Exclusive: Jamie Chadwick talks Indy NXT aspirations

W Series champion Jamie Chadwick shares her Indy NXT ambitions with...

IndyCar finds new TV home with Fox Sports in 2025 amid...

The IndyCar series has found a new U.S. television home for 2025, signing...

Popular On TotalWRC.com

Hybrid-powered Rally1 cars remain until end of 2026

Hybrid Rally1 cars will continue in the World Rally Championship until the...

Popular On GunnersToday.com

Exclusive: Arsenal ready to try loan move for...

Arsenal and Manchester United are among the clubs to have asked about a...
7h ago from CaughtOffside.com

Brighton & Hove Albion start 'talks' for in-demand...

A Premier League club reportedly starts negotiations regarding the...
2h ago from SportsMole.co.uk

Comments

Hottest News

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.