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Red Bull profits rise as turnover increases

Recently released documents from the UK's Companies House show that Red Bull's spending has increased, but so has its profits. Red Bull's accounts filings for 2018 reveal that the company had a turnover of almost quarter of a billion pounds in 2018. The documents, released earlier this week, contain some interesting financial information about the team in 2018 as they went through their final year with Renault power. Turnover increased from 231 million pounds to 245 million pounds, with profits (after tax) increasing to £923,000 from 2017's £575,000. The company's statements outline that Red Bull GmbH, the parent company that owns RBR, has indicated that it has no plans to change...
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