At Spa, while discussing Formula One Management's latest financial results (see below) with a team executive, he recalled that this column's annual analysis of team finances had previously been published in the run-up to the Belgian Grand Prix, and asked when the latest (third) edition was due.
It was explained that publication had been delayed to October as all British-based teams are required to file their financial statements by the end of September (for the previous financial year), and as such it was logical to publish once such information was available. That said, collating data on three teams - Ferrari, Toro Rosso and Sauber - remains challenging due to their being domiciled in territories that do not demand full accounting disclosure.
However, in F1 nothing remains secret, and the truth ultimately outs - as it would have in any event now that Ferrari is on target to list on the New York Stock Exchange in early 2016, and is thus required to provide full operating disclosure. What do that prospectus and analysis of Ferrari's finances show?