Aston Martin's released financials for 2022 show large losses for the F1 team, despite an increase in income from sponsorship and prizes.
aston-An Aston Martin F1 nosecone, pictured during the Italian Grand Prix weekend.
The team’s staff figures remained roughly the same as 2021, but did have some streamlining as administration staff were cut – there were 56 administrative employees in 2021, cut down to 29 in 2022. Falcon Racing brought in $1.25 million in sponsorship that went to the team in 2022, an increase from none the previous year.
In their strategic report for the 2022 financial year, Aston Martin outlined the year from a company perspective.
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