Report: Investment of Red Bull F1 at the head of $ 690 million

Posted by student

on Sunday, June 19, 2011

Just how much it costs to manage a team of F1? Budgets differ greatly from the Favorites of the Championship in back-markers, but even in a general sense, it is generally difficult to say, because F1 budgets are usually closely guarded secrets. Reports indicate, however, Red Bull has spent an exorbitant sum of ? 422 million (equivalent to 690 m $ by the rate of conversion today) 2005 (when he entered the sport) until 2009.

The editor of business at Pitpass report, race news site ran in The Independent, break the annual expenses incurred by the concern of the energy drink Red Bull Technology. The costume is the parent direct Red Bull Racing and Scuderia Toro Rosso and 2010 when new regulations prohibit chassis shared, was commissioned to design and produce cars for the RPR and STR.

Finance, therefore, are divided between the two teams, but it is not a secret that who gets the lion's share of. In 2007, for example, Red Bull invested reportedly ? 89. 2 m (146 m$) F1, of which ? 78. 2 m ($ 128 m) went to Red Bull Racing, the remaining 11 m ? ($ 18 m) Toro Rosso. In 2008 the drinks company has invested ? 82. 5 m ($ 135 m), 79 m ? (129 m$) which funded Red Bull Racing. In 2009, investment jumped to ? 106. 8 m ($175 million), with ? 96. 9 m ($ 158 m) is IPR.

Could all that cash may be at the height? Apart from the notion that you cannot put a price on victory - and the Red Bull Racing is the current title champion - initiated industry, taking into account the exposure on the waves and what are the benefits of Red Bull positive brand association, say that it certainly is. In fact, according to the report, of Red Bull would have to pay about double what it made to purchase this type of exposure. And remember, of course, that F1 is one of the many sports in that society invests directly. It sponsors countless sporting events around the world and the teams of NASCAR, hockey and soccer fields. [Source: Pitpass |] [Images: Vladimir Rys/Getty] filed under: Motorsports, earnings / Financials.

Tags: Dietrich Mateschitz, f1, formula 1, formula one, red bull, red bull racing, red bull, scuderia toro rosso, toro rosso str technology