Red Bull Racing spent over $ 300 million in 2019.

Trump warns that with Biden the US will be like Cuba or Venezuela

The president of the United States, Donald Trump, he warned at a rally in central Florida of the risk it poses to the...

The US accuses Ortega of his mismanagement of the pandemic in Nicaragua

The Undersecretary of State for Western Hemisphere Affairs of the United States, Michael Kozak, told the President of Nicaragua, Daniel Ortega, to "endanger"...

More than 50 million Americans have voted 11 days before the election

The figure reaches the total of early votes cast in 2016 and indicates a possible historic turnoutEarly voting in the November 3 presidential election...

Evo Morales’ return to Bolivia is not a priority for his party

Although the former president assures that he will return to his country when the new government of Luis Arce assumes, the MAS wants to...

Canada confirms purchase of 358 million vaccines for COVID-19

The Canadian Prime Minister, Justin trudeau, announced this Friday the signing of a new contract for the acquisition of 76 million units of...

Red Bull Racing has released financial results for 2019. The British team spent 237.3 million pounds ($ 304 million) last season. This is slightly less than in 2018, when the team spent 239.6 million pounds.

The team’s direct revenues in 2019 were £ 245.4 million, which is almost the same as 2018’s £ 245.1 million. The missing difference in the team’s budget was made up by the parent Austrian company Red Bull GmbH.

Interestingly, at the end of 2019, the team declared a small profit of 618 thousand pounds. In 2018, the profit of Red Bull Racing was slightly higher – 923 thousand pounds.

Commenting on the published figures, team leader Christian Horner said: “Costs remain under control. The team is considering changes to the financial rules that will come into effect in 2021. ”

Recall that next season the budget of Formula 1 teams cannot exceed $ 145 million per year.



Related Articles