Earnings and Profits of formula 1 teams
Posted 03 December 2012 - 20:47
here's an article on Mclaren's recent earnings and profits of 23 Million pounds.
Mclaren Races off with 23M pounds profit - Pitpass.com
if someone has data on other teams, feel free to share as it's a side of F1 that's often overlooked.
Posted 03 December 2012 - 22:26
2010: -35,3 m£
2011: -49,3 m£
Doesnt look too good. If things dont change we might be down to 10 teams soon.
Posted 03 December 2012 - 22:32
Posted 04 December 2012 - 00:43
I know there are official Williams' financial results somewhere in the Internet. They keep making profits and increasing incomes in the last few years. I'm too lazy to search for it now, though.
with williams being a public traded company, it's easy to get this informations, just go to their website and click "investors relations"
~7.8m GBP profit from ~105m GBP turnover in 2011
all the other British teams can be found here:www.duedil.com
in 2011 McLaren made a pre-tax profit of ~14.1m GBP, which post tax increased to ~15.8m GBP, they had a net cash flow (gross profit) of 58.4m GBP from ~149m GBP turnover
So I'm not quite sure, where pitpass get his values from, they may include other profits (McLaren group, McLaren Electronics etc.) in their figures.
Mercedes GP made a post tax profit (loss) of ~ -10.5m GBP from ~ -5.3m GBP gross P/L for ~115m GBP turnover in 2011
Red Bull Technology as a group made ~ 4.1m GBP profit after tax in 2011
you can get the fillings also from Companies house for a 1 GBP fee (see the RBT example)