News Details
Red Bull Racing saw revenue boost in 2023 but meager profit
©RedBull Michael Delaney
03/10/2024 at 12:5203/10/2024 at 12:50 Red Bull Racing has unveiled its financial report for the 2023 season, a year marked by unprecedented sporting success and a complex financial landscape. Despite dominating the Formula 1 world championship with a record 21 victories and securing their sixth Constructors' title, the team's bottom line experienced a downturn. Red Bull Racing's 2023 revenue reached £307,472 million ($402 million), up from £278,026 million in 2022, marking a 10.6% rise, a boost attributed to increased sponsorship, promotions, prize money, and contributions toward the race program. The team's dominant on-track performances significantly boosted...
Full Story »
Full Story »
You May Also Be Interested In...
Helmut Marko claims Daniel Ricciardo lost...
Red Bull advisor Helmut Marko has contended that Daniel Ricciardo's...
11mo ago from MotorsportWeek.com
Yuki Tsunoda witnesses premature end to Red Bull F1...
Yuki Tsuonda took to the cockpit of a Red Bull Racing car after the...
10mo ago from MotorsportWeek.com
Red Bull exodus fulfills Jos Verstappen’s worst fears
© XPB Phillip van Osten
01/10/2024 at 16:0701/10/2024 at 14:51...
10mo ago from F1i.com
Red Bull lays out clear path for Verstappen to secure...
© XPB Phillip van Osten
30/09/2024 at 13:2430/09/2024 at 12:22...
10mo ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
4d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
2h ago from MotorsportWeek.c...
Dale Coyne Racing extends partnership with Ault...
Dale Coyne Racing has announced that Ault Blockchain will be a primary...
31m ago from MotorsportWeek.c...
Pato O’Ward turns quickest lap in practice for...
IndyCar took to the Nashville Superspeedway oval on Saturday afternoon,...
21m ago from MotorsportWeek.c...
Santino Ferrucci: Alternate aero package needed for...
For this weekend’s IndyCar finale at Nashville Superspeedway, the...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
18h ago from Motorsport.com
WRC Paraguay: Ott Tanak loses victory hopes, Kalle...
No description available...
11m ago from Motorsport.com
Rovanperä leads, Fourmaux stars in Paraguay
Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...
19h ago from MotorsportWeek.c...
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
West Ham may have edge over Euro giants in race to...
West Ham United have reportedly joined the race for the potential transfer...
3h ago from CaughtOffside.com
Done deals: Arsenal set to confirm two major defensive...
Arsenal are pushing to wrap up two significant defensive deals before the...
6h ago from FreshArsenal.com
'Talks ongoing' – David Ornstein provides update...
Arsenal left-back Oleksandr Zinchenko is a transfer target for Marseille,...
7h ago from CaughtOffside.com
Exclusive details on complicated structure of Piero...
Piero Hincapie is set to become an Arsenal player as there's an agreement...
6h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Dutch Grand Prix – FP3 Results
Lando Norris made it a practice clean sweep at... Read More »
5h ago from MotorsportWeek.com
2025 F1 Dutch Grand Prix - Zandvoort Qualifying results
Check out those all-important qualifying results... Read More »
2h ago from RacingNews365.com
F1 Qualifying Results: Lewis Hamilton’s Ferrari misery...
Lewis Hamilton's misery continued during... Read More »
2h ago from GPFans.com
