30
Sep
2023
Aston Martin posts £53m loss for 2022 F1 season
The team made a bigger loss despite upping its turnover from sponsorship and prize money by over £32m, with the numbers reflecting an overall increase in costs in the first year of the new regulations.
Following a reorganisation, the team now operates under the banner of AMR GP Limited, which is a subsidiary of AMR GP Holdings Limited, although the headline numbers across the two entities are in effect the same.
Figures released to the public…