# F! Team Spending......

**URL:** <https://forums.speedlife.net/t/f-team-spending/149773>\
**Category:** Canada Nissan Automotive\
**Created:** [September 23, 2008, 11:52am UTC](https://forums.speedlife.net/t/f-team-spending/149773 "2008-09-23T11:52:30Z")\
**Posts on this page:** 1\
**Showing post:** 10

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**Author:** ![MrRage](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mrrage/32/5804_2.png) [@MrRage](https://forums.speedlife.net/u/MrRage)\
**Post date:** [September 25, 2008, 11:21am UTC](https://forums.speedlife.net/t/f-team-spending/149773/10 "2008-09-25T11:21:03Z")

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> [@\*Small Rant\* It's going to be a good trip...](https://forums.speedlife.net/t/small-rant-its-going-to-be-a-good-trip/6321/9):
>
> 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.

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