Red Bull Racing has reported stronger profits for its 2024 fiscal year, a season in which Max Verstappen claimed his fourth straight Formula 1 world championship. The Milton Keynes outfit recorded revenue of £314.409 million ($425 m), up £7m ($9.5 m) from the previous year. Commercial muscleAlongside Verstappen’s title, Red Bull reported progress away from the track. The crypto firm’s deal was believed to be worth around £110 million ($150 m), accounting for roughly £35 million ($50 m) in 2024 alone. Read also: Horner officially leaves Red Bull as big-money exit package agreedKeep up to date with all the F1 news via X and Facebook