F1 » Mercedes accounts show spiralling cost of F1


Report Comment

You are about to report the comment below to the Crash.Net moderators as being abusive. An abusive comment may contain profanity, personal attacks or commercial SPAM.

Please do not report this comment as being abusive if you simply disagree with the comment posted. If this is the case then you can click on the "disagree" icon () in the upper right of the comment's post to show your dissatisfaction.

Crash.Net moderators will view all reported comments and will act as they deem necessary. This may be editing the comment or total deletion.

Williams F1 reported in their Financial Statements, which you can download online, that they employed 515 people and had income of approximately 160 million dollars. And they made money. It is difficult to comprehend how the respective boards of directors of the top teams can drive up their spending over costs to levels well beyond what they would do in any of their other businesses. Maybe we don't need a spending cap. Maybe we need a rule that says teams can spend what they want provided they present their audited statements at year's end to prove they made money, and if did not, be required to reduce their staff by an amount proportional to the deficit for the next year.



© 1999 - 2014 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.