News Details

Mercedes spent $442 million in 2019

Formula One champions Mercedes spent 333 million pounds ($442 million) in winning both titles last year but still reported a profit, according to the team's published 2019 accounts. Mercedes are on course to win both titles again this season for the seventh year in a row, with six-times world champion Lewis Hamilton 47 points clear of his closest rival Max Verstappen after seven races. The results to end-December showed Mercedes made a post-tax profit of 14.7 million pounds, compared with a previous 12.6 million. They won 15 races last year, including nine one-two finishes, and 32 podium places in all. The accounts said Mercedes had enjoyed a 23.6% share of television coverage, generating...
Full Story »
3y ago from espnF1.com 0
Share

You May Also Be Interested In...

Mercedes 2019 F1 campaign cost almost half-a-billion...

Formula 1 champions Mercedes spent $442-million in winning both titles...
3y ago from GrandPrix247.com

Mercedes F1 spent £333m in 2019 but still made a...

Mercedes-Benz Grand Prix Limited, the company which encompasses the...
3y ago from MotorsportWeek.com

2019 title cost Mercedes over £300million

New figures reveal that, in 2019, the Mercedes F1 team spent £333million...
3y ago from PlanetF1.com

FIA to be strict in qualifying: drivers must drive at...

Michael Masi announces that drivers who drive very slowly on purpose will...
3y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
14h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Neuville pips Tänak in Safari opener

FIA World Rally Championship leader Thierry Neuville took a slender...

Popular On GunnersToday.com

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.