Grand Tour TV company nets £8m-plus profits
The TV company set up by Jeremy Clarkson, Richard Hammond and James May has made more than £8 million profit after their first season producing The Grand Tour for Amazon Prime.
The former Top Gear trio left the BBC along with their producer Andy Wilman to make the new motoring show, signing a three-year contract with Amazon worth a reported £160 million.
W Chump and Sons, the company founded by the quartet made £8.39 million pre-tax profit between November 2015 and the end of 2016 according to filed accounts. Profits after tax came to £6.7 million.
Clarkson's contract with the BBC ended abruptly after an altercation between the presenter and Top Gear producer Oisin Tymon, reportedly after a row about a lack of hot food, while the show was filming in North Yorkshire in March 2015.
Soon after Clarkson's departure, May, Hammond and Wilman also left the BBC. They were quickly snapped up by Amazon, beating multiple rival TV companies keen to get the presenters.
The accounts for the company, which employs 20 staff, said: "The directors are keen to continue focusing on producing quality programming whilst ensuring company overheads are kept stable.
"The directors are satisfied with the results for the year end and will continue to pursue business opportunities as they arise in the future."
By Ted Welford