Their prize money and sponsorship monies are roughly equal to their operating expenses?
Their prize money and sponsorship monies are roughly equal to their operating expenses?
Red Bull or other corporates, everyone likes free marketing. If billions worth of it comes for free, it's dream situation. Red Bull F1 struck some major sponsorship deals recently and their revenue is around $500 USD. Way more than what is needed for F1 racing team. Hence, they can independently run an engines division too with that revenue. Red Bull GMBH holdings need not have to pay a penny, yet get billion dollar worth in promotional value. Only a fool would want to throw it away.vorticism wrote: ↑03 Sep 2022, 18:58Their prize money and sponsorship monies are roughly equal to their operating expenses?
.
.