News Details
Red Bull spent over $300-million for 2019 F1 campaign
Red Bull Racing spent £237.3 million ($304.84 million) in finishing third in Formula 1 last season and recognised ‘adaptions' would be needed to meet a $145-million cost cap coming in for 2021. The Honda-powered team, one of two owned by the Austrian energy drink company, reported a profit of £618,000 compared to a previous £923,000 in the year ending 31 December The expenditure compared to £239.6-million in 2018, when British-based Red Bull were also third and using Renault engines. Turnover was £245.4-million, up slightly from a previous £245.1-million. 'Costs remain under control and the team is mindful of adaptions necessary for new FIA Financial Regulations coming into...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
Hamilton Reportedly Agrees £120mn Contract ‘In...
Lewis Hamilton has agreed a £120 million contract “in principle”...
3y ago from Formula1News.co.uk
‘Never Say Never’: Wolff Doesn’t Rule Out...
Earlier this week, it was reported that Lewis Hamilton had agreed a £120...
3y ago from Formula1News.co.uk
Sergio Perez Says He Would Definitely Accept Red Bull...
Sergio Perez, who is currently without an F1 drive for the 2021 season,...
3y ago from Formula1News.co.uk
Fernando Alonso starts 2021 prep with first visits to...
Fernando Alonso has spent two days at Renault's bases at Enstone and...
3y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Bezzecchi details “frustrating” time on 2023...
No description available...
41m ago from Motorsport.com
The key MotoGP change that has gone under the radar in...
No description available...
21m ago from Motorsport.com
BMW 'looking closely' at a future MotoGP entry
No description available...
1d ago from Motorsport.com
Ducati announces Aldeguer signing for 2025, but not...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Lundqvist: CGR resources are ‘everything I could...
Linus Lundqvist is one of three rookies contesting the entirety of the...
19h ago from MotorsportWeek.c...
Why IndyCar's Nashville finale is a unique challenge...
No description available...
3d ago from Motorsport.com
Ilott keeps Arrow McLaren drive for $1m IndyCar race
No description available...
4d ago from Motorsport.com
Consistency a top priority for Ericsson at ‘up and...
As Marcus Ericsson enters his sixth year racing in the NTT IndyCar Series,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kenjiro Shinozuka, 1948–2024
Kenjiro Shinozuka, the 1997 Paris–Dakar Rally victor and 2× World Rally...
14h ago from TheCheckeredFlag...
WRC and Dakar winner Kenjiro Shinozuka dies aged 75
No description available...
20h ago from Motorsport.com
Fourmaux: Adjusting to hybrid-less WRC cars will be a...
No description available...
2d ago from Motorsport.com
Audi could face 750,000 euro fine for exiting World...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal midfielder joins Ben White in rejecting...
No description available...
31m ago from SportsKeeda.com
Huge boost for Arsenal as star set to return from...
Arsenal reportedly look set to be handed a major injury boost with the...
1h ago from CaughtOffside.com
Arsenal decide to let defender leave on free transfer...
Cedric Soares is reportedly preparing to leave Arsenal at the end of the...
1h ago from CaughtOffside.com
Arsenal star told he could have already played last...
Aaron Ramsdale could have already played his last game for Arsenal. That...
21m ago from CaughtOffside.com
Comments
Hottest News
Conflict continues: 'Thai boss sends 'spy' to check Red...
Thanks to the affair surrounding Christian... Read More »
50m ago from GPBlog.com
Ocon 'p****d off' by Verstappen F1 decision
Ocon and Verstappen have been rivals in racing... Read More »
3h ago from RacingNews365.com
Chandhok suggests five driver changes to ‘inject life...
Former F1 driver turned television pundit Karun... Read More »
2h ago from MotorsportWeek.com