Red Bull Racing spent over $ 300 million in 2019.

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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.

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