News Details
Red Bull Racing earned nearly £200m in 2016
Red Bull Racing generated a turnover £197m in 2016 and spent nearly all of it on its F1 race programme, company accounts have revealed. The team earned £197,949,000 in outside sponsorship, prize money and bonuses from the F1 organisation, and payments from its ultimate parent company, Red Bull GmbH in Austria. After taxes and expenses, it registered a profit of just £385,000. In 2015, its turnover was £181,249,000, or £16,700,000 less than 2016, with a profit of £2,141,000. Red Bull GmbH made a much bigger contribution to the team in 2016, with its payments rising from £10.1m in 2015 to £40.6m. That is presumably because the team’s decline in performance – from world champion in...
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
Force India losses increased in 2016 despite bigger...
The Force India F1 team earned increased income in 2016 but made a bigger...
8y ago from Motorsport.com
McLaren slump to £6million loss in 2016
McLaren's rocky relationship with Honda has clearly been reflected in...
8y ago from PlanetF1.com
Williams F1 team posts larger profits for first half...
The Williams F1 Team has posted a larger profit for the opening six...
8y ago from MotorsportWeek.com
Williams posts profit in first half of 2017
The Williams Formula 1 team has made a profit of more than £10.4million...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
8h ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
12h ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1d ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1h ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1h ago from Motorsport.com
IOB makes progress but search continues for Managing...
No description available...
6h ago from Motorsport.com
Christian Rasmussen and The Grandstand Project launch...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Donnarumma vs Raya: Who is the better GK in the title...
In the last few weeks of the Premier League season, the importance of...
20m ago from SkySports.com
Tactics Column: Key quartet step up to deliver North...
'It feels like we've shown what we are made of but then you have to show...
3h ago from Arseblog.com
Arsecast Extra Episode 683 – 23.02.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
6h ago from Arseblog.com
Ben White faces uncertain future as Arsenal target new...
Questions are beginning to surface over Ben White’s long-term role at...
7h ago from CaughtOffside.com
Comments
Hottest News
Ferrari handed key warning over radical F1 rear wing
Ferrari's radical rear wing could have a major... Read More »
9h ago from RacingNews365.com
Former F1 chief hails heroic pilots after scary mid-air...
Former F1 chief Otmar Szafnauer has shared... Read More »
4h ago from GPFans.com
'I forgot who I was' - Lewis Hamilton goes deep on Ferrari...
Seven-time F1 world champion Lewis Hamilton has... Read More »
1h ago from GPFans.com
