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Red Bull triples investment in F1 team

Financial statements from Red Bull have revealed just how costly Formula 1 has proved for the drinks company in the last year. The work required to meet the sport's latest technical regulations meant that Red Bull Racing's costs increased by 9.2 per cent, according to Forbes magazine. The team also suffered the loss of main title sponsor Infiniti during this period. Red Bull has since signed up new sponsors including Aston Martin, Puma and TAG Heuer. However, this has not fully covered the amount they used to receive via their deal with Infiniti. The team was also affected by a drop in the share of F1 prize money. For the most recent reporting period, this amount was calculated from their...
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