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Russell Braithwaite

  • Formula 1 profits sustainable despite cap increase, says Mercedes team CFO

    Sport Business

    Mercedes-AMG Petronas F1 Team CFO Russell Braithwaite on maintaining profitability in Formula 1 amid cost cap changes and how the team’s partnership with SAP will help. Formula 1’s cost cap has helped to herald a new era of profitability, with strict limits on spending allowing teams to generate a surplus from the sport’s explosion in [...]

    Formula 1 will increase the cost cap from $135m to $215m next year

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