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Formula 1 $$$$

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Old Oct 1, 2008 | 11:15 AM
  #1  
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Question Formula 1 $$$$

http://www.f1fanatic.co.uk/2008/09/22/toyo...1-budget-4456m/

2008 F1 team resources

Including sponsorship, supplier deals, prize money, team owner contributions, tyre provision and supply of customer engines where appropriate.

Toyota: $445.6m
McLaren: $433.3m
Ferrari: $414.9m
Honda: $398.1m
Renault: $393.8m
BMW Sauber: $366.8m
Red Bull Racing: $164.7m
Williams: $160.6m
Toro Rosso: $128.2m
Force India: $121.85m
Super Aguri: $45.6m

Total: $3,073.45m



MORE NEWS:

http://en.f1-live.com/f1/en/headlines/news...930201454.shtml

British team Williams last year recorded a second consecutive annual loss.

According to accounts filed on Tuesday by the jointly Frank Williams and Patrick Head owned team, Williams' combined loss in 2006 and 2007 was (US) $88 million.

The directors' report said Williams, currently eighth of the ten teams in the 2008 constructors' championship, has increased bank borrowings.

"The decision to increase net debt to support a return to competitive on-track performance was driven by a strong long-term business plan," it said.

Auditor Grant Thornton said "there is a reasonable expectation the company (Williams) has adequate resources to continue operating for the foreseeable future."

Williams, the winner of 113 Grand Prix between 1979 and 2004, made a profit of $60m in 2005.

It is the only current team not backed by a car manufacturer or a billionaire.





http://en.f1-live.com/f1/en/headlines/news...001130950.shtml

Things looking up for Scuderia Toro Rosso. Just as it emerges that Williams is running up debts, London's Evening Standard newspaper reports that another midfield F1 team, Toro Rosso, has recorded a profit for the first time in years.

One race after team driver Sebastian Vettel drove to victory at Monza, the paper's business section says the newly lodged 2007 accounts for Scuderia Toro Rosso show a $720,000 profit.

Reportedly, this involves more than $50 million in investment by the Red Bull energy drinks company, whose supremo Dietrich Mateschitz co-owns the team with Gerhard Berger.

The profit is the first for Faenza-based Toro Rosso, previously known as Minardi, in more than ten years.
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Old Oct 1, 2008 | 11:23 AM
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My thoughts:

Toyota: have spent BILLIONS since 2001. Goes to show you, you can't even buy a win! Lesson learn, buy an existing team, don't start from scratch.

Williams: They need a paying driver! With Kazu giving them free Toyota engines, it still isn't enough. Frank Williams needs to stop being so old school and sell at least half his team to a) engine manufacter b) a billionaire.

Red Bull/Torro Rosso: Goes to show you that theres no massive difeerence inbetween the sister teams budgets. They should include what Red Bull Technologies spent this year, divide by 2 and add to both teams. Williams isn't doing all that bad if you compare the budgets.

Honda: Ross Braun must perform MIRACLES. Not are they Japanese just like Toyota; but both shit $$$$ and get mediocer results for their big budget (horrible in the case for Honda). At least Honda had great success in 2003/2004. (say a prayer for them)

Renault: According To Flavio's comment that they're uping the budget an extra $60 mill. Lets see how that works out.
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Old Oct 1, 2008 | 11:33 AM
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Who is Ross Braun? No such person at Honda.
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Old Oct 1, 2008 | 03:19 PM
  #4  
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Originally Posted by Birel186,Oct 1 2008, 11:15 AM
http://www.f1fanatic.co.uk/2008/09/22/toyo...1-budget-4456m/

2008 F1 team resources

Including sponsorship, supplier deals, prize money, team owner contributions, tyre provision and supply of customer engines where appropriate.

Toyota: $445.6m
McLaren: $433.3m
Ferrari: $414.9m
Honda: $398.1m
Renault: $393.8m
BMW Sauber: $366.8m
Red Bull Racing: $164.7m
Williams: $160.6m
Toro Rosso: $128.2m
Force India: $121.85m
Super Aguri: $45.6m

Total: $3,073.45m



MORE NEWS:

http://en.f1-live.com/f1/en/headlines/news...930201454.shtml

British team Williams last year recorded a second consecutive annual loss.

According to accounts filed on Tuesday by the jointly Frank Williams and Patrick Head owned team, Williams' combined loss in 2006 and 2007 was (US) $88 million.

The directors' report said Williams, currently eighth of the ten teams in the 2008 constructors' championship, has increased bank borrowings.

"The decision to increase net debt to support a return to competitive on-track performance was driven by a strong long-term business plan," it said.

Auditor Grant Thornton said "there is a reasonable expectation the company (Williams) has adequate resources to continue operating for the foreseeable future."

Williams, the winner of 113 Grand Prix between 1979 and 2004, made a profit of $60m in 2005.

It is the only current team not backed by a car manufacturer or a billionaire.





http://en.f1-live.com/f1/en/headlines/news...001130950.shtml

Things looking up for Scuderia Toro Rosso. Just as it emerges that Williams is running up debts, London's Evening Standard newspaper reports that another midfield F1 team, Toro Rosso, has recorded a profit for the first time in years.

One race after team driver Sebastian Vettel drove to victory at Monza, the paper's business section says the newly lodged 2007 accounts for Scuderia Toro Rosso show a $720,000 profit.

Reportedly, this involves more than $50 million in investment by the Red Bull energy drinks company, whose supremo Dietrich Mateschitz co-owns the team with Gerhard Berger.

The profit is the first for Faenza-based Toro Rosso, previously known as Minardi, in more than ten years.
Claude have mercy
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Old Oct 1, 2008 | 05:00 PM
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Honda need to improve the aero dynamics of thier RA108 cause both Jenson Button and Rubens Barrichello are decent drivers but they seem to be really struggling getting the times down.

Non the less tho Formula 1--->
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Old Oct 1, 2008 | 08:53 PM
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Originally Posted by Birel186,Oct 1 2008, 11:23 AM
Williams: They need a paying driver! With Kazu giving them free Toyota engines, it still isn't enough. Frank Williams needs to stop being so old school and sell at least half his team to a) engine manufacter b) a billionaire.
Williams need to go to Dubai to get someone to sponsor them ;p. Just recently a group from Dubai bought out EPL team Manchester City and were able to sign Robinho instead of Chelsea. (For those of you who follow soccer) Anyways, my point is that there's a lot of potential buyers over there.
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Old Oct 6, 2008 | 08:51 AM
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I thought their budgets were much larger. Cheaper than I thought!
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Old Oct 6, 2008 | 09:35 AM
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so McCheater's have spent 3.5 billion plus since 1999 and won nothing???
Races dont count. Only championships. Therefore that Shit team is worse than Honda.

Good to know
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