Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » Red Bull Reveals How Much It Really Costs To Run An F1 Team
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Red Bull has revealed precisely how much it costs to keep the wheels of one of its Formula One teams turning, right down to the amount it spends on buying the material to build the cars and the stickers that appear on them.

Unlike teams in some other sports, F1 outfits disclose a great deal of financial information and there is good reason for this. Seven of the ten teams are based in Britain and are private limited companies which, ironically, have to file publicly-available annual financial statements. This requirement applies to   …  More

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This entry was posted on Tuesday, January 14th, 2020 at 9:10 pm and is filed under Auto Misc., Automobile, Business news, Formula & Indy Cars, Sports Car. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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