How Much Did Red Bull Racing Make In 2023

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How Much Did Red Bull Racing Make In 2023 With Red Bull taking all the spoils after becoming F1 Constructors World Champions in 2023 RacingNews365 analysis F1 s billion dollar prize pot

These renewals emphasize the trust and commitment of sponsors who continue to align themselves with Red Bull s sustained success However despite its impressive revenue growth Red Bull Racing s after tax profit for 2023 fell by 37 dropping from 2 057 million 2 7 million in 2022 to 1 296 million In 2023 Red Bull s estimated earnings after dominant driver and constructor championship titles was 140 million Of course prize money is not the only way the teams earn income

How Much Did Red Bull Racing Make In 2023

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Red Bull bagged around 140 million for winning the 2023 championship but prize money may not necessarily make up their entire income Red Bull Racing 2023 Constructors Champions F1 Red Bull Racing Est 2023 Revenue 510 million Est 2023 EBITDA 85 million Team Principal Christian Horner He s No 1 Red Bull s Max Verstappen is a two time F1 champion and leads the

Red Bull is understood to earn around 140 million 14 of the pot and just 5 million more than the 2023 cost cap budget for winning the 2023 constructors championship Formula 1 Constructors Champions Red Bull led the way in prize money earnings for the 2023 campaign receiving an estimated 140 million F1 is many things sport entertainment and business and there is often an overlap between all three affecting any decision made in the series That is no truer than when it comes to

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Red Bull has recorded a revenue increase in its Formula 1 team for the year 2023 after a dominant record breaking season The Austrian energy drinks brand has reported 307 million in revenues for the financial year of 2023 30 million higher than the previous year Red Bull s overall profits dropped however dropping to 1 2 million Red Bull were hit with a 7m fine and a 10 percent reduction in aero testing for 2023 as punishment Thirteen areas were incorrectly interpretated by Red Bull including staff catering

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