News Details
Mercedes put a £324m price on its 2020 world championship
Reigning F1 world champions Mercedes spent £324m to win the world championship in 2020, but despite the hefty expense and the impact of the Covid-19 crisis on F1, the German outfit still racked in a profit last year. Newly released company accounts show that the Brackley squad's revenue fell only slightly from £363.6M to £355.5m in its fiscal year 2020. The numbers reflect the sport's overall drop in revenue due to the lesser amount of races last season but also a surprising boost in sponsorship income for Mercedes that mitigated F1's reduced payments to teams. Furthermore, Daimler's contribution last year was fractionally reduced compared to 2019, the manufacturer supporting its F1...
Full Story »
Full Story »
You May Also Be Interested In...
Wolff: Unless Bottas can't drive he will be in the car
Formula 1 champions Mercedes will not be replacing Valtteri Bottas this...
5y ago from GrandPrix247.com
Wolff: Red Bull raid no destabilization whatsoever
According to Mercedes team boss Toto Wolff, Red Bull's raid on Mercedes...
5y ago from GrandPrix247.com
Grosjean to return to F1 in one-off Mercedes test
Romain Grosjean will drive a Formula One car for the first time since his...
5y ago from espnF1.com
Wolff: No doubt Hamilton can race into his 40s
August has been pencilled in as time for Lewis Hamilton to sign a...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi returns to action in Misano aboard a...
No description available...
10h ago from Motorsport.com
Joan Mir explains why Gresini is the right move after...
No description available...
17h ago from Motorsport.com
MotoGP eyes Austin showcase during F1 GP weekend
No description available...
1d ago from Motorsport.com
Alex Marquez: 2026 MotoGP title fight so open due to...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou, Alexander Rossi to give IndyCar’s IR-28...
No description available...
9h ago from Motorsport.com
Two drivers named for first on-track runs of new...
IndyCar has announced plans for the first on-track test runs of its newly...
12h ago from MotorsportWeek.c...
IndyCar drivers praise design of ‘awesome’ new...
IndyCar unveiled the design of its new 2028 chassis on Tuesday, showing...
2d ago from MotorsportWeek.c...
IndyCar shows off first new chassis design in over a...
The NTT IndyCar Series showed images of its new chassis for the first...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Finland: Adrien Fourmaux heads early Hyundai 1-2
No description available...
8h ago from Motorsport.com
Sebastien Ogier’s co-driver ready to “honour”...
No description available...
15h ago from Motorsport.com
The litmus test that has Hyundai confident for WRC...
No description available...
1d ago from Motorsport.com
Why Sami Pajari believes Estonia win won’t make...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Papers: Arsenal closing in on deal for Newcastle...
The top stories and transfer rumours from Friday's newspapers...
5h ago from SkySports.com
Ben Jacobs reveals Arsenal's clever transfer strategy...
Arsenal are in advanced talks with Newcastle to sign Bruno Guimaraes and...
8h ago from CaughtOffside.com
Paul Merson snubs Manchester City, names club that'll...
Former Arsenal attacker Paul Merson reckons Liverpool, instead of...
8h ago from SportsKeeda.com
Eddie Howe's private stance on Bruno Guimaraes'...
Ex-Newcastle United manager Eddie Howe is allegedly of the belief...
13h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin tipped for major F1 turnaround as win timeline...
Former F1 driver David Coulthard has confidently... Read More »
7h ago from GPFans.com
F1 boss: Removing battery usage from TV is good - Star Wars...
F1 CEO Stefano Domenicali has provided a bizarre... Read More »
6h ago from GPFans.com
F1 star told he 'has no future' as 2027 seat comes under...
Former F1 boss Guenther Steiner has hinted that... Read More »
15h ago from GPFans.com
