Total income of the Mercedes team at the end of 2016 amounted to 289 million pounds, according to AUTOSPORT.
The financial report does not include the cost of engine division in Brixworth, but it is obvious that the factory team brings considerable profit to the German manufacturer, especially if you compare with Porsche and Audi in the WEC in recent years.
In comparison with the last year financial turnover of teams has increased from 213,2 million pounds last year to 289,4 million, This figure includes sponsorship income, payments and FOM, as the team calls, marketing investments Daimler.
Expenses increased by 27.9 million in connection with additional investments in the Department of research and development needed to prepare for the transition to new technical regulations in 2017.
Also from 13.3 million to 15.9 million increased taxes due to a decrease of tax benefits that had Mercedes in the past.
Operating profit was $ 14.3 million compared to a loss of 33.9 million in 2015. With the tax, interest and depreciation, this amount is 3.7 million For comparison, last year the team suffered a loss of $ 22.2 million.
The most interesting investments that parent company Daimler are only 10% of the total income of 289 million pounds – less than 30 million
“I don’t want to give exact figures, but marketing investments Daimler 10% of income. It is a trifle in comparison with the return they’re getting, commented Mercedes Motorsport boss Toto Wolff. – The increase in profit is encouraging, and we see positive dynamics in all areas: television, prize money, sponsors, and additional event support program pilots. The trend really inspiring”.
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