AMR GP LIMITED

1. AMR GP LIMITED 2021-01-06 → present
2. RACING POINT UK LIMITED 2018-08-02 → 2021-01-06

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making suitable enquiries of management and reviewing cashflow forecasts, the directors have formed a judgement that as at the date of approving the financial statements, there are adequate resources to continue in existence for the foreseeable future, which under UK generally accepted accounting principles means at least 12 months from the date the financial statements are signed which is expect”

Significant events

• “2024 marked the third year of the current technical regulations, with 24 feature races and 6 sprint races over the season. The final result for 2024 was a total of 94 points meaning a 5th place finish in the Constructors' Championship for the second consecutive year.”
• “The team also took to the track in the all-female F1 Academy series for the first time in 2024, with Swiss driver Tina Hausmann, who finished 10th overall in the championship.”
• “Away from the track the team continued to progress, with new partnerships contributing to a 16% increase in revenue. The majority of these partnerships are multi-year contracts showing the strength of both the Aston Martin brand and our partners helping to deliver performance both on and off-track.”
• “In July, the Company announced that Andy Cowell would be joining as Group Chief Executive Officer, succeeding Martin Whitmarsh.”
• “The Company also announced in September that Adrian Newey would be joining the team in 2025.”
• “Phases Two and Three of the new AMR Technology Campus were completed during 2024, delivering the first all-new headquarter building in Formula One in nearly twenty years.”
• “In addition to the above, the Company restructured its debt during 2024 by repaying the £200m loan used to fund the AMR Technology Campus and replacing this with a $400m loan to allow for further growth and expansion as the team and the sport grows in both size and complexity.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +14.7%

  £244,652,000 → £280,683,000

• Cash

  -46.7%

  £78,773,000 → £42,018,000

• Net assets

  -73.8%

  -£62,091,000 → -£107,884,000

• Employees

  +29.8%

  651 → 845

• Operating profit

  +32.6%

  -£21,679,000 → -£14,604,000

• Profit before tax

  -56.6%

  -£25,301,000 → -£39,618,000

• Wages

  +35.4%

  £44,456,000 → £60,184,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers