Mercedes Incur a Net Loss of 76.9m

  • Published on 04 Oct 2015 00:06
  • comments 3
  • By: Harry Shovelar

Mercedes Annual Accounts reveal that the team made a loss of £76.9m during their title-winning year of 2014. Reasons to why they made a substantial loss is because of a high amount of bonuses paid to staff due to their success and secondly, a large quantity of costs in the V6 Power Unit. 

The accounts also revealed an increase of staff, employing 663 in 2013 which then rose to 765 during 2014. Which means they had incurred a 15.5m extra cost, due to more personnel and lucrative staff wages.

Mercedes have responded in a positive way, claiming that they are committed to reducing their operational costs for the future, with a statement that reads:

“The company remains committed to cost reduction in F1 and will continue to work with the other competitor teams and stakeholders to achieve this objective in a fair and transparent way"

Replies (3)

Login to reply
  • boudy

    Posts: 1,168

    Easy fix. Supplying rb and tr with engines.

    • + 0
    • Oct 4 2015 - 09:16
    • Sounds brilliant :)

      • + 0
      • Oct 4 2015 - 09:28
    • Except that Mercedes has said that they're on their current maximum in terms of how many engines they can supply teams with: should they have to supply 2 more teams apart from the four they already supply, they'll have to invest alot in the engine production, potentially increasing costs instead of decreasing them. Furthermore, suppliers from now on (or 2017) cannot charge any major sums for their engines (these costs will be capped with new regulations), so even the cheaper PU-deals will cost less than they did this year or 2014=>less money for Mercedes to gain from supplying other teams.

      • + 0
      • Oct 4 2015 - 09:59

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2023

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2023

Date
Grand Prix
Circuit
-
Bahrain
3 - Mar 5
Bahrain
17 - Mar 19
Saudi Arabia
31 - Apr 2
Australia
28 - Apr 30
Azerbaijan
5 - May 7
United States of America
19 - May 21
Italy
26 - May 28
Monaco
2 - Jun 4
Spain
16 - Jun 18
Canada
30 - Jul 2
Austria
7 - Jul 9
United Kingdom
21 - Jul 23
Hungary
28 - Jul 30
Belgium
25 - Aug 27
Netherlands
1 - Sep 3
Italy
15 - Sep 17
Singapore
22 - Sep 24
Japan
20 - Oct 22
United States of America
27 - Oct 29
Mexico
-
Spain
3 - Nov 5
Brazil
17 - Nov 19
United States of America
24 - Nov 26
United Arab Emirates
-
Italy
-
Italy
-
Italy
See full schedule

Formula 1 Calendar - 2023

Date
Grand Prix & Circuit
3 - Mar 5
17 - Mar 19
Saudi Arabia Jeddah Street Circuit
31 - Apr 2
Australia Albert Park
28 - Apr 30
Azerbaijan Baku City Circuit
5 - May 7
United States of America Miami International Autodrome
19 - May 21
26 - May 28
Monaco Monte Carlo
2 - Jun 4
16 - Jun 18
30 - Jul 2
Austria Red Bull Ring
7 - Jul 9
United Kingdom Silverstone
21 - Jul 23
Hungary Hungaroring
28 - Jul 30
25 - Aug 27
Netherlands Circuit Zandvoort
1 - Sep 3
Italy Monza
15 - Sep 17
22 - Sep 24
20 - Oct 22
United States of America Circuit of the Americas
27 - Oct 29
3 - Nov 5
Brazil Interlagos
17 - Nov 19
United States of America Las Vegas Street Circuit
24 - Nov 26
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Show full profile
show sidebar