Extra post: Red Bull sold more than 11.5 billion cans of their drink in 2022. That's nearly a can and a half for every man, woman and child on the planet.
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| Author: | donmentor [ Tue Sep 19, 2023 7:55 am ] |
| Post subject: | Red Bull |
Red Bull spend millions. Where do they get it all from ? |
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| Author: | dons50 [ Tue Sep 19, 2023 7:59 am ] |
| Post subject: | Re: Red Bull |
donmentor wrote: Red Bull spend millions. Where do they get it all from ? Selling drinks. |
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| Author: | epdon [ Tue Sep 19, 2023 8:27 am ] |
| Post subject: | Re: Red Bull |
donmentor wrote: Red Bull spend millions. Where do they get it all from ? Not funding MK Dons |
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| Author: | keyser soze [ Tue Sep 19, 2023 8:50 am ] |
| Post subject: | Re: Red Bull |
donmentor wrote: Red Bull spend millions. Where do they get it all from ? Soapbox racing. |
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| Author: | donmentor [ Tue Sep 19, 2023 11:50 am ] |
| Post subject: | Re: Red Bull |
dons50 wrote: donmentor wrote: Red Bull spend millions. Where do they get it all from ? Selling drinks. Do mean that Red Bull totally fund the F1 team. It must cost millions every year. God their drinks must be blooming expensive ! |
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| Author: | TangerineDon [ Tue Sep 19, 2023 12:04 pm ] |
| Post subject: | Re: Red Bull |
donmentor wrote: Do mean that Red Bull totally fund the F1 team. It must cost millions every year. God their drinks must be blooming expensive ! Caffine , water, carbon dioxide. Cannot cost much to make. |
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| Author: | Lieutenant Dan [ Tue Sep 19, 2023 12:26 pm ] |
| Post subject: | Re: Red Bull |
While RB have invested heavily in their F1 infrastructure over the years, I think the team is now largely self-financing, and possibly even making a profit now it's winning constructors' championships again. The current F1 budget cap (which RBR controversially breached slightly in 2021!) is around $140 million, although certain things like driver salaries and so on are excluded from that. So the team is probably costing $200-250 million a year to run. However, F1 prize money and broadcast revenues are so high that most of this expenditure can be covered, a double championship win this year could be worth $160 million or even more. https://www.totalsportal.com/f1/formula-one-prize-money/ Add in $100million a year in sponsorship from Oracle and you can see how the books get balanced. https://www.espn.com/f1/story/_/id/33253423/red-bull-name-tech-firm-oracle-title-sponsor-500m-deal Red Bull as a whole can't really just be thought of as a drinks producer any more. They have so many other business interests in technology, media and so on that they've become a multi-faceted global corporation in their own right. It's not as simple as 'do some marketing to sell more fizzy pop'. |
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| Author: | Lieutenant Dan [ Tue Sep 19, 2023 12:48 pm ] |
| Post subject: | Re: Red Bull |
Extra post: Red Bull sold more than 11.5 billion cans of their drink in 2022. That's nearly a can and a half for every man, woman and child on the planet.
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| Author: | Aliramone [ Tue Sep 19, 2023 6:59 pm ] |
| Post subject: | Re: Red Bull |
What a load of bull |
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| Author: | keyser soze [ Thu Sep 21, 2023 1:19 pm ] |
| Post subject: | Re: Red Bull |
Lieutenant Dan wrote: Extra post: Red Bull sold more than 11.5 billion cans of their drink in 2022. That's nearly a can and a half for every man, woman and child on the planet. And it tastes of shite. |
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