Saturday, May 12, 2018

How Red Bull Made a $10.3 Million Profit From F1 But Still Finished In The Red

The latest financial statements for Red Bull's flagship Formula One team show that it made a $10.3 million net profit in 2016 which was the highest recorded by any outfit in the series. So why did its parent end up in the red from F1?

from Forbes Real Time https://www.forbes.com/sites/csylt/2018/05/12/how-red-bull-made-a-10-3-million-profit-from-f1-but-still-finished-in-the-red/
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