US EditionMercedes F1 team profits soar to record UK£120m in 2024 - BlackBook Motorsport
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Mercedes F1 team profits soar to record UK£120m in 2024 - BlackBook Motorsport
Revenue rises 16% YoY to UK£636m (US$866m) Revenue from sponsorship and licensing accounted for 60% of team income The Mercedes Formula One team recorded a profit of UK£120.3 million (US$164 million) in their recently released accounts for the year that ended 31st December 2024. This represents a jump of 43.5 per cent on last year’s profit of UK£83.8 million (US$104.6 million). Overall, revenue jumped 16 per cent to UK£636 million (US$866.2 mill…
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