Alpine F1 team posts profits for 2022 season

Boosted by the arrival of new title sponsor BWT and the prize money associated with fourth place in the World Championship the team increased its income from £201,485,000 in 2021 to £249,038,000 last year, representing a gain of 23.6%.

Cost of sales, the measure of what the team spent on its overall operation, rose at a slower rate of 21.6% from £145,264,000 to £170,395,000.

The team notes that “while operations have been impacted by…