F! Team Spending......

[MrRage]

@Rayden Vidal

Actually not really, Dennis. Ferrari S.p.A. is a subsidiery of Fiat S.p.A. (which has over $65 billion in sales each year) and has no holdings or interests outside of its automotive brand. It doesn’t need to since as of 2005 its brand value was hovering around $3.5 billion. As I understand it they make a killing on “apparel, accessories, games, leather items, books, and leisure items” that they offer online. Talk about milking your brand.

Oh, and to put Toyota financials into perspective, its total profits after taxes for the 2008 fiscal year was over $17 billion. In other words, Toyota can buy Ferrari about five times each year.

Yep, If you look at Renaults Net income for 2007 it was only 3.9Billion USD

Renault Revenue ▲ $59.45 illion USD (2007)
Nissan Revenue ▲$88.77 billion USD (2007)
Toyota Revenue ▲ $202.86 billion USD (2007)
Fiat/Ferrari Revenue ▲ $83.53 billion USD (2007)

I think Nissan could easily afford an F1 team.