Do any F1 teams actually make money? | FerrariChat

Do any F1 teams actually make money?

Discussion in 'F1' started by sjb509, Aug 5, 2005.

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  1. sjb509

    sjb509 Guest

    Just curious, do any F1 teams make a net profit at the end of the year? Revenue brought in for advertising and licensing fees minus expenses?

    I cannot see any team, even Ferrari, adding to the bottom line of their parent company.

    Any insight?
     
  2. robert_c

    robert_c F1 Rookie

    May 12, 2005
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    SoCal
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    Robert C
    How has Minardi stayed solvent all these years? Or is it a tax write off for OzJet?
     
  3. BartonWorkman

    BartonWorkman F1 Veteran

    Nov 3, 2003
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    En El 305
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    Barton Workman
    Organizations like McLaren and Williams quite likely make a profit. If the new facility that McLaren has now is any indication, quite a nice one at that.

    The lesser teams like Minardi are likely subsidized by Bernie but the team is always for sale.

    BHW
     
  4. SRT Mike

    SRT Mike Two Time F1 World Champ

    Oct 31, 2003
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    Raymond Luxury Yacht
    I read somewhere that Eddie Jordan was the highest paid team principal, I think in 2003 or something.

    I belive the teams probably all operate at a net-zero basis but they probably adjust principal salary to make that happen :)

    For example, even Minardi has a big budget - what, $80-120MM a year? There's no way Stoddart is filling in the gaps. He's only spending what he takes in, and I bet he's paying himself pretty darn well.
     
  5. Admiral Thrawn

    Admiral Thrawn F1 Rookie

    Jul 2, 2003
    3,932
    I can't remember which one it was, but one of the top F1 teams made a profit of around $60 million last year.
     
  6. paulyb

    paulyb Karting

    Nov 1, 2003
    150
    London
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    paul bellis
    Ron Dennis:
    He seems pretty happy with the return on his investment!!!!
     
  7. LightGuy

    LightGuy Four Time F1 World Champ
    Silver Subscribed

    Oct 4, 2004
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    David
    If they were not making money, they would stop, after all like any other business thats what its about.
     
  8. exoticalex

    exoticalex Formula Junior

    Mar 10, 2004
    422
    Walnut Creek, Ca
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    Alex L

    Couldn't of said it better myself. There is no way that they would continue on if they were turning negative numbers
     

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