Mercedes F1 is experiencing a rapid acceleration in results.

17th October 2023

 

This is great news for Mercedes Benz. Do you agree?

In their most recent financial year, the racing team Mercedes-Benz witnessed an increase in turnover and pre-tax profits. These gains were driven by elevated revenues from F1, sponsorships, and applied science.

The team, located in Brackley, Northamptonshire, reported a turnover of £474.5 million for the year ending on December 31, 2022, a significant increase from the £383.3 million in 2021.

Throughout the season, Mercedes-Benz contended for the second position in the Constructors’ Championship right up to the final race, but they ultimately secured third place, with Red Bull and Ferrari ahead of them.

Check out the full article at Insider Media.

Take a look at our Automotive Landing Page to find out how we’re getting involved with this incredible sector!


Source: Insider Media Ltd

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