Formula 1 commercial arm sees profits dip but still makes £250m

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Formula 1 commercial arm sees profits dip but still makes £250mFormula 1’s commercial arm saw profits fall by five per cent last year, but still managed to be over £250m to the good. Formula 1’s commercial arm saw profits fall by five per cent last year, but still managed to be over £250m to the good. The Red Bull Technology Limited arm of the company will publish their results this week. And United Autosports Limited, the racing team co-owned by McLaren chief executive Zak Brown, saw profits dip slightly, from £1.97m in 2023 to £1.92m for the year ending 31 December 2024. The Formula 1 season continues next month with a street race under the lights in Singapore.