Ross Brawn and the other directors of the former Brawn GP outfit did quite handsomely out of their brief stint as the owners of the team that secured the Drivers’ and Constructors’ championships in 2009.

Ross Brawn has made a pretty penny from buying and selling to Mercedes GP Financial news service Bloomberg reports that Brawn split some $31 million between himself and his co-directors before the team was sold to Mercedes-Benz for a reported $170 million.

London’s Companies House shows that Brawn GP registered a net profit of $152 million for the 2009 tax year, just a year after Honda pulled the pin on the operation and sold it to Brawn and his team for just $1.

In salaries, Brawn paid himself and his co-directors some $10 million in 2009, and managed to loan the team some $4.5 million to stay afloat, which has since been repaid.

It certainly makes Honda’s decision to quit F1 look all the more foolish, in addition to showing what can be achieved on a shoestring budget.

[Original image via AUTOSPORT]

The following two tabs change content below.

Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.
Share