News Details

Mercedes count the costs of Formula 1 success

Mercedes lost millions of dollars despite dominating last year's Formula 1 world championship season. Writing in Blick, veteran F1 journalist Roger Benoit reported that the German carmaker spent $360 million on its grand prix venture in 2014. But Bild am Sonntag, the major German Sunday newspaper, says that when Mercedes secures the 2015 constructors' cup – perhaps as soon as this weekend – it will unlock as much as $157 million in official ‘Bernie' prize money. A further $100 million is reportedly raised by Mercedes each season through sponsorship, including deals with Petronas, Hugo Boss and Blackberry. Mercedes' actual annual cost of being in F1 is therefore 'only'...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

No pay cut for Button who will bank $18 million from...

Hot on the heels that Jenson Button will next year remain with McLaren...
10y ago from GrandPrix247.com

Only four seats remain on 2016 Formula 1 grid

With Jenson Button confirmed for 2016 by McLaren, only four seats remain...
10y ago from GrandPrix247.com

Mercedes still have Singapore slump on their minds

Despite returning to dominance at the most recent Japanese Grand Prix,...
10y ago from GrandPrix247.com

Provisional 2016 F1 Calendar

The most recent release of the 2016 Formula 1 schedule reveals that the...
10y ago from F1Hub.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Arrow McLaren unveils liveries for 2026 IndyCar...

Arrow McLaren has taken the wraps off its trio of challengers for the...

Mick Schumacher building confidence after first...

Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal plot summer coup for 'incredible' talent who...

Arsenal are interested in signing the Bournemouth attacker Eli Junior...
7h ago from CaughtOffside.com

Arsenal & Real Madrid queue for 90m star as agent...

Newcastle United midfielder Sandro Tonali has been linked with a move away...
7h ago from CaughtOffside.com

Has the Premier League's TV Deal Made Mid-Table Clubs...

The Premier League’s 2025-29 deal was worth £6.7 billion. Have the vast...
11h ago from CaughtOffside.com

Comments

Hottest News

F1: Engine row reaching crisis point?

Before a wheel has turned in anger, the start of... Read More »
11h ago from Pitpass.com

Lando Norris reveals 'problem' of his mum's rising fame

F1 champion Lando Norris has spoken out about the... Read More »
5h ago from GPFans.com

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.