user icon

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 

BE Grand Prix of Belgium

Local time 

Related news

World Championship standings 2022

Show full world champion standings

Test calendar

See full test schedule

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Team profile

Show full profile

Formula 1 Calendar - 2022

Date
Grand Prix
Circuit
-
Spain
-
Bahrain
18 - Mar 20
Bahrain
25 - Mar 27
Saudi Arabia
8 - Apr 10
Australia
22 - Apr 24
Italy
6 - May 8
United States of America
20 - May 22
Spain
27 - May 29
Monaco
10 - Jun 12
Azerbaijan
17 - Jun 19
Canada
1 - Jul 3
United Kingdom
8 - Jul 10
Austria
22 - Jul 24
France
29 - Jul 31
Hungary
See full schedule

Formula 1 Calendar - 2022

Date
Grand Prix & Circuit
18 - Mar 20
25 - Mar 27
Saudi Arabia Jeddah Street Circuit
8 - Apr 10
Australia Albert Park
22 - Apr 24
6 - May 8
United States of America Miami International Autodrome
20 - May 22
27 - May 29
Monaco Monte Carlo
10 - Jun 12
Azerbaijan Baku City Circuit
17 - Jun 19
1 - Jul 3
United Kingdom Silverstone
8 - Jul 10
Austria Red Bull Ring
22 - Jul 24
France Paul Ricard
29 - Jul 31
Hungary Hungaroring
See full schedule
show sidebar