If you read some of the websites that claim to understand Formula 1, you might think that Mercedes Grand Prix Ltd is on the verge of collapse, having posted a loss in 2014 of $116.6 million. That is a big loss, but one must not forget a couple of rather important facts: firstly, Mercedes Grand Prix Ltd has the financial support of the Daimler AG, a $50 billion company, with annual revenues of $145 billion. Secondly, the loss has been budgeted, on the basis that the team knows that its revenues are going to increase by a similar amount. This is thanks to the success that the team has enjoyed in 2014 and 2015. The race wins mean that when it comes to calculating the Constructors’ Championship Bonus (CCB) fund that exists, the team will get a substantial percentage of the $135 million that is available. The fund is open to the three teams that score that most number of wins over the four-year period, prior to the payments. Thus Red Bull is still getting plenty of money because of its successes between 2011 and 2013, but Mercedes is eating into the fund thanks to its wins in 2014 and 2015. Ferrari is going to drop out of the top three for a year because McLaren has more wins, but next year McLaren will drop out and Ferrari will be back, although neither has won enough to get big money from the fund. There is also believed to be a big bonus for Mercedes if it wins two titles, with its historical money expected to jump from $30 million a year, to around $80 million. This is difficult to quantify because there are all payments that are paid behind closed doors and there is no official public confirmation that they even exist. Anyway, the interesting thing about the Mercedes accounts is that they confirm that the team has been spending $1 million per day on the team (the engines are not included in this). The operating costs of the team rose 20.6 percent in 2014 from $289 million to $364 million, while the team’s revenues rose only 14.8 percent from $190 million to $223 million.