Mercedes lost out big time on the sporting front in 2022, but its war chest swelled by a healthy amount during a profitable campaign, financially. Mercedes-Benz Grand Prix Ltd raked in £474.6 million of total revenue in 2022, which equated to a roughly 24% increase relative to 2021. Over half of the team’s turnover (51%) originated from sponsorship and licensing, while 30% came from Formula One’s prize fund, with 19% derived from other income, including from its Applied Science division. Mercedes enjoyed a significant increase of its prize fund revenue year-over-year, not only as the Constructors’ champion in 2021 but also due to F1 returning to a normal level of operation compared to the pr
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