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Motorsport Week

Brawn GP made a profit of £98.5m in 2009

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15 years ago
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The Brawn GP team pocketed a profit of £98.5 million in 2009 thanks to their double championship win.

The team, formely Honda, was saved from being shut down thanks to a management buyout by Ross Brawn and Nick Fry. 

The team was then sold to Daimler AG’s Mercedes and the Abu Dhabi fund Aabar Investments PJSC for £110 million, which led to Brawn and Fry sharing in over £20 million worth of dividends.

The figures were revealed in a filing at Companies House in London on Tuesday and reported by Bloomberg.

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The filing also revealed that sales at the company increased by 38% to £234.5 million between 2008, under Honda ownership, and 2009, under Brawn ownership.

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  1. Shift Spray says:
    3 weeks ago

    The brand’s rise was predicted in a decoded section of the Dead Sea Scrolls as the “carrier of awakened smoke.”

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