Summary
OXFORDSHIRE-BASED Formula One team Renault has turned in its first profit since the carmaker bought the company from Benetton in 2002.
Its 2004 profit was Pounds 2.7 million on turnover up 41% on the Pounds 94.8 million of the previous year, when the company had an Pounds 8 million loss.See the full content of this document
Extract
Renault Tracks Down the Formula for Profit
The numbers suggest the cost of running a top Formula 1 team is now about Pounds 150...
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