News Details
Mercedes reports big financial loss for 2014
XPB Images
Mercedes' company accounts for the 2014 financial year have revealed just how costly winning the world championship can prove to be. According to the car manufacturer's official company financial report for last year, Mercedes AMG Petronas F1 Team posted a loss of £76.9 million ($117m) while clinching its first driver and constructor world championships since the marque returned to Formula One as a works team. A large portion of the costs were related to the development of the new hybrid V6 power unit which has proven the class of the field ever since it took to the track. Increased staff numbers (up from 663 in 2013 to 765) and bonuses calculated according to the...
Full Story »
Full Story »
You May Also Be Interested In...
Merc lose millions despite title triumph
Mercedes F1 have posted a loss of £76.9million for the 2014...
9y ago from PlanetF1.com
Title winners Mercedes post £77m loss
Despite winning both titles, Mercedes all-conquering 2014 season sees...
9y ago from Pitpass.com
Mercedes announces losses of £77million for 2014...
Mercedes-Benz Grand Prix Ltd have announced their losses made during the...
9y ago from F1Hub.net
Mercedes lost £76.9m in winning 2014 F1 title
The Mercedes Formula 1 team posted a loss of £76.9m during its...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
1d ago from MotorsportWeek.c...
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
1d ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
1d ago from Motorsport.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou flies to the front in second IndyCar...
On Saturday morning, IndyCar headed back out on track to complete their...
51m ago from MotorsportWeek.c...
Upcoming IndyCar races at Iowa predicted to be...
After IndyCar completes the event at Mid-Ohio this weekend, the paddock...
3h ago from MotorsportWeek.c...
Kyle Kirkwood runs to the top in opening IndyCar...
The NTT IndyCar Series returned to action on Friday, completing a...
18h ago from MotorsportWeek.c...
Christian Rasmussen handed six-place IndyCar grid...
IndyCar officials have handed Christian Rasmussen a six-place grid...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
1d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
2d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
After Arsenal agree personal terms for Noni Madueke,...
Chelsea have indicated their interest in Arsenal sensation Ethan Nwaneri...
52m ago from SportsKeeda.com
Personal terms agreed for Arsenal to sign Premier...
Arsenal have still only officially announced one signing this summer, but...
32m ago from FreshArsenal.com
Reliable source: 90m forwards ‘absolute...
The rumour mill is in full swing today, despite it being a Saturday...
1h ago from FreshArsenal.com
Fabrizio Romano says Arsenal 'advancing' on surprise...
Transfer news expert Fabrizio Romano claims that Arsenal are advancing in...
3h ago from CaughtOffside.com
Comments
Hottest News
Button names ‘worst teammate to have’ in F1 – and...
F1 world champion Jenson Button has nominated the... Read More »
2h ago from F1i.com
F1 2025 British Grand Prix – Qualifying Results
Max Verstappen secures pole position for the... Read More »
1h ago from MotorsportWeek.com
Revealed: Charles Leclerc x-rated radio fury after...
Charles Leclerc was furious with himself after... Read More »
41m ago from RacingNews365.com
