News Details
F1 suffers 84% revenue drop in Q1 due to pandemic!
The Formula One Group's revenue in the first quarter of 2020 predictably suffered a huge drop on the back of the coronavirus pandemic. Liberty Media revealed on Thursday the sport's numbers for the January/March period, which saw F1's revenue plummet 84% from $246 million in 2019 to a meager $39 million that were generated in the first three months of the year. The sport's disrupted season which has so far led to the cancellation or postponement of ten rounds of the F1 world championship has wreaked havoc on race fees, broadcast contracts and sponsorship revenue. Midfield teams' chances of winning boosted by new prize fund - Brawn Revenue from the three segments fell 93% from $198 million...
Full Story »
Full Story »
You May Also Be Interested In...
Formula 1 sees huge drop of 84 percent in revenue due...
The coronavirus strikes like a bomb in many sectors and that also applies...
5y ago from GPBlog.com
Formula 1 reports huge income drop in Q1
The true effect of the global health crisis on Formula 1 is beginning to...
5y ago from PlanetF1.com
Formula 1 hit by $200m loss of revenue
Liberty Media have revealed that Formula 1 lost over $200 million of...
5y ago from GPFans.com
F1 revenue loss hitting Ferrari in the “harshest...
Ferrari CEO Louis Camilleri says Formula 1’s “drastic” loss of...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Honda completes another test with 2027 bike as Ducati...
No description available...
6h ago from Motorsport.com
Jorge Martin: Aprilia signed me to win the title,...
No description available...
9h ago from Motorsport.com
VR46 an option for Pedro Acosta, but priority is a...
No description available...
1d ago from Motorsport.com
Can Aprilia dethrone Ducati in the 2026 MotoGP title...
The conclusion of the 2025 MotoGP season saw an unprecedented level of...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
1d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
1d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Ford's Nani Roma survives late crash and fuel drama to...
No description available...
6h ago from Motorsport.com
Dakar 2026, Stage 13: Nasser Al-Attiyah wins to extend...
No description available...
12h ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta gives intriguing response to question...
Arsenal manager Mikel Arteta has spoken out on the reported addition...
1h ago from CaughtOffside.com
White Unlikely To Depart But Will Arsenal Strengthen...
With us now a few weeks into the New Year, the January transfer window has...
4h ago from FreshArsenal.com
Premier League news: Arteta plays down Rice’s tunnel...
No description available...
5h ago from TheGuardian.com
Chelsea rival Arsenal & Man Utd for 30m wonderkid...
Chelsea are ready to rival the likes of Arsenal and Manchester United for...
12h ago from CaughtOffside.com
Comments
Hottest News
Cadillac completes 'emotional' shakedown at Silverstone
As the countdown to pre-season testing... Read More »
3h ago from MotorsportWeek.com
Red Bull pay emotional tribute to late founder
Red Bull's first foray into F1 power unit... Read More »
2h ago from GPFans.com
F1: Cadillac hits the track
Cadillac was in action at Silverstone today, as... Read More »
4h ago from Pitpass.com
