News Details
Wolff enjoys massive dividend windfall from Mercedes F1 team
© XPB Phillip van Osten
22/06/2025 at 09:1722/06/2025 at 10:19 The Mercedes AMG Formula 1 team delivered a robust financial performance in 2024, reporting significant gains in both revenue and profits, driven by increased commercial income and a strong on-track showing. The results have led to a significant dividend distributed to the team’s three shareholders, namely team principal Toto Wolff, Mercedes-Benz and partner INEOS. According to financial statements filed by Mercedes Grand Prix Limited with the UK’s Companies House on Thursday, the team’s revenue surged by 16 percent, rising from £546.5 million in 2023 to £636 million ($856 million) in 2024. The growth was...
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