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...
8mo 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...
8mo 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...
8mo 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...
8mo ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Here’s what MotoGP riders think about Liberty...
No description available...
5h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia praise MotoGP...
No description available...
9h ago from Motorsport.com
Fabio Quartararo knows he can “fight at the front”...
No description available...
10h ago from Motorsport.com
BMW: Losing Toprak Razgatlioglu to MotoGP feels like...
BMW says losing Toprak Razgatlioglu departure from its WorldSBK team to...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
5h ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
2d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
4d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Here's how Hyundai’s driver cooling system will...
No description available...
10h ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
14h ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
24-G/A star ‘not closing any doors' amid...
RB Salzburg attacker Dorgeles Nene has been linked with a move away from...
1h ago from CaughtOffside.com
Barcelona Transfer News Roundup: Catalans eyeing...
Barcelona are looking to improve their squad after an impressive 2024-25...
4h ago from SportsKeeda.com
Report: Arsenal keen on 26-year-old Brazilian Berta...
Arsenal are considering a move for the Inter Milan defender Carlos Augusto...
4h ago from CaughtOffside.com
Why Norgaard? What next for Rice? Arsenal's midfield...
Arsenal are yet to complete the striker signing many supporters crave but...
6h ago from SkySports.com
Comments
Hottest News
Brad Pitt admits huge 'love' for F1 star and it's NOT Lewis...
Brad Pitt has admitted his ‘love’ for a... Read More »
2h ago from GPFans.com
FIA issue mandatory tyre ruling for all teams at Austrian...
The FIA have confirmed a mandatory tyre change... Read More »
5h ago from GPFans.com
Austrian GP facing 'severe' threat as warning issued
The Austrian Grand Prix has been hit with a... Read More »
11h ago from RacingNews365.com
