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Red Bull’s Profits Soar After Max Verstappen’s Latest Title Win

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Table of contents

Highlights

  • Red Bull’s 2024 turnover rose by £7 million to £314.4 million
  • Max Verstappen won his fourth consecutive Formula 1 title in 2024
  • Team profit after tax increased to £1.681 million in 2024
  • New sponsorship deals include VISA and record partnership with Castore
  • Christian Horner’s salary rose to £7.046 million before July departure
  • Red Bull ranks fourth in 2025 constructors; Verstappen third in standings

Red Bull reports higher 2024 profits, buoyed by Max Verstappen’s fourth consecutive title. Turnover rises £7 million to £314.409 million, with after‑tax profit at £1.681 million.

Company accounts for the year to December 31, 2024, underline performance dependence on race wins, championships, and stable partners as central components of Red Bull’s strategic objectives.

Verstappen secures the crown by 63 points over Lando Norris, banking nine wins, five further podiums, and 437 points. He wins five of the season’s opening seven races.

Red Bull Racing’s profits rise alongside Max Verstappen’s title success
Image Credit: RacingNews365

Rival teams improve through the second half, compressing the competitive order. Red Bull maintains operational efficiency, protecting points hauls despite tighter qualifying deltas and increased strategic jeopardy.

Commercial momentum also continues. Visa joins the portfolio, while a record, long-duration apparel partnership with Castore sets a new benchmark. AT&T, Tag Heuer, and Exxon commit to extended terms.

Turnover reaches £314.4m in 2024, up £7m year-on-year.

Leadership changes register without immediate financial disruption. Christian Horner remains a director part‑year before a July exit, with remuneration edging to £7.046 million from £7.0 million.

Off‑track, scrutiny intensifies after Oscar Piastri’s difficult run and incidents discussed following the Azerbaijan Grand Prix. Those narratives add pressure without materially shifting Red Bull’s season arc.

Verstappen’s nine wins and 437 points underpin Red Bull’s financial uplift.

Into 2025, McLaren leads the constructors’ standings, with Piastri and Norris heading the drivers’ table and Verstappen third. Red Bull sits fourth, emphasizing the stakes of in‑season development.

Max Verstappen during his title-winning campaign
Image Credit: Sportico

Upcoming rounds at Monza and Baku could reshape that picture. Execution on tyre preparation, cooling sensitivity, and pit‑wall decisiveness will dictate whether Red Bull reasserts control.

Commercially, Red Bull targets continuity while assessing Verstappen’s medium‑term pathways. For context, see his 2026 Red Bull deal and broader auto racing industry trends shaping sponsorship valuations.

Record apparel partnership with Castore strengthens long‑term revenue certainty.

Visual Summary

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Verstappen’s 4th F1 Title Powers Red Bull’s 2024 Profit Surge

’23
£307M

’24
£314M
+£7 million turnover rise powered by on-track success

9
Wins

+5 podiums

+63 points
ahead of Norris
🏎️ vs 🏎️

Title margin

💳
VISA

👕
Castore

🛢️
Exxon


TAG

🧑‍💼
Horner
£7M

Red Bull’s Formula: Winning = Profit 💸
Verstappen’s dominance delivered 9 wins & record profits. New rivals surge for 2025, but Red Bull’s commercial power stays strong.
2025: McLaren leads, Red Bull chasing 🇮🇹🇦🇿
Daniel miller author image
Daniel Miller

Daniel Miller reports on Formula 1 Grand Prix weekends with race-day analysis, team-radio highlights, and point-standings updates. He explains power-unit upgrades, aerodynamic developments, and driver rivalries in straightforward, SEO-friendly language for a global F1 audience.

Articles: 1525

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