Mercedes F1 team earned £474m in 2022

In essence, the figures represent increased revenue from sponsorship and the F1 prize fund, and are solid proof of how successful top teams can be in the sport’s current financial environment.

The turnover figure also includes a contribution from the Applied Science division. Like other big teams Mercedes has moved people and other resources out of a direct involvement in the F1 programme in order to stay under the cost cap.

The overall income…