Alpine has confirmed that long-serving Formula 1 Operating Director Rob White has departed his role as the team’s dramatic staff turnover in recent times continues. White had... read more »
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The Mercedes Formula 1 team suffered its first winless season since 2011 last term but off-track, there are reasons for the Brackley-based outfit to be positive as parent... read more »
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The company that runs the squad, Mercedes-Benz Grand Prix Ltd., declared a turnover for 2023 of £546.5 million, which covers the year that ended December 31.This figure... read more »
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Alpine started the season in Bahrain with the slowest car on the grid after finishing the 2023 season in sixth place.The Enstone squad soon realised in the simulator that its... read more »
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Guenther Steiner believes the increasingly high rate of turnover of Formula 1 team bosses is a "new trend" that is reflective of the short-termism associated with... read more »
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Red Bull Technology Ltd, which oversees Red Bull’s Formula 1 operation, has reported increased turnover and profits over the course of its domination of the 2022 season. Red... read more »
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Mercedes-Benz Grand Prix Limited saw a turnover of £475m and profits of £89m in 2022 despite failing to claim a Formula 1 title for the first time since 2014. The company’s... read more »
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The organisation has a different business model compared to other teams, with the RBT group acting as the parent company of Red Bull Racing, and the latter officially employing... read more »
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In essence, the figures represent increased revenue from sponsorship and the F1 prize fund, and are solid proof of how successful top teams can be in the sport's current... read more »
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The Aston Martin Formula 1 team has posted a loss of £53m for the 2022 season, a £9m increase on its deficit report. The British marque’s loss comes despite increasing its... read more »
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The team made a bigger loss despite upping its turnover from sponsorship and prize money by over $32m, with the numbers reflecting an overall increase in costs in the first... read more »
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Ferrari team boss Fred Vasseur has admitted that recruiting staff and dealing with turnover is the biggest challenge of leading the team. read more »
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Vasseur joined the Italian squad earlier this year in the wake of the resignation of former team principal Mattia Binotto. It is widely perceived outside of Ferrari that the... read more »
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The Alfa Romeo Formula 1 team believes its group management strength has enabled it to shrug off its multiple changes of technical chief in recent years read more »
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The Mercedes F1 team generated an astonishing turnover of £289million in 2016, and its parent company only had to pump in around 10% of that figure - less than £30m read more »
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Monisha Kaltenborn says it is inconceivable that teams should fail financially in a sport that has a turnover in excess of $1bn... read more »
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While even founder Sir Frank Williams had to admit that the company he founded wasn't having the best of years in F1 terms, it turns out they're still doing rather... read more »
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The Williams Group recorded a £5 million loss in 2012, its latest financial report shows, though it blamed an accounting technicality meant some of its Formula One... read more »
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Williams have announced that their turnover for 2012 was up despite recording a loss before tax of £5m... read more »
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McLaren's Formula 1 team enjoyed a 44 per cent rise in its annual profits in 2011 according to its latest set of accounts. The outfit posted profits of... read more »
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Williams has announced that turnover of its Formula One-related operations is up by 57% while its profits increased to £8.5m in its half-year results read more »
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Williams Grand Prix Holdings (WGF1) has announced its half-year interim results, with an increase turnover by 57% to £73 million from £46.4m in 2011.... read more »
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Mar.13 (GMM) Williams will not rush into signing a new title sponsor, chairman Adam Parr insists. The famous British team performed woefully in 2011 and lost its naming... read more »
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Williams will not rush into signing a new title sponsor, chairman Adam Parr insists. The famous British team performed woefully in 2011 and lost its naming backer AT&T,... read more »
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Williams Grand Prix Holdings reveals financial results for 2011, with increased turnover and profits read more »