Formula 1 Profits Sustainable Despite Cap Rise, Says Mercedes CFO
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3 Articles
Formula 1 profits sustainable despite cap rise, says Mercedes CFO
Mercedes-AMG Petronas F1 Team CFO Russell Braithwaite on maintaining profitability in Formula 1 amid cost cap changes and how the team’s partnership with SAP will help. Formula 1’s cost cap has helped to herald a new era of profitability, with strict limits on spending allowing teams to generate a surplus from the sport’s explosion in popularity around the world over the past decade. But amid the many changes looming next season is a steep hike …
·London, United Kingdom
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