F1 News - Team ownership adventure made Brawn millions - September, 2010
Sep.15 (GMM) Ross Brawn and other directors shared an impressive dividend after his Brackley based formula one team won the 2009 titles.
According to financial news service Bloomberg, the team's 55-year-old British boss shared $31 million with his co-directors before the team was sold to Mercedes for about US $170 million.The business filing in London's Companies House also showed a $152 million profit for 2009, the year after Honda pulled out of the sport and sold the team to Brawn and other management for a symbolic pound.In salaries, Brawn paid himself and his colleagues more than $10m, and they loaned the team $4.5m as it struggled to stay afloat, which was paid back.