News Details
Ferrari’s 2020 F1 loss ‘in the high tens of millions’
Ferrari’s CEO Louis Camilleri says its loss of revenue from Formula 1’s delayed and abbreviated 2020 season will be “in the high tens of millions” as it released its Q2 earnings. Ferrari’s net revenue for the Q2 period in 2020, encompassing April through June, was 571m, down from 984m on the same spell 12 months ago. Of that its ‘Sponsorship, Commercial and Brand revenues’, in which its Formula 1 activities are counted – as well as museum and in-store traffic – were down to 83m from a 2019 figure of 131m. Formula 1 teams are set to receive less prize money this year on account of fewer grands prix taking place and Camilleri put a loose figure on the expected hit....
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Marko: If Pink Mercedes is approved, we can do the...
AlphaTauri could follow in the footsteps of Racing Point by producing a...
5y ago from GrandPrix247.com
"Confirmation Vettel's transfer to Racing Point...
One week it seems to be possible, the next week it's not. Is there room...
5y ago from GPBlog.com
Stroll takes charge in FP2 as Albon suffers high-speed...
Racing Point's Lance Stroll topped Friday's second practice session for...
5y ago from F1i.com
Hamilton eyes F1 stay through at least 2023
World Champion Lewis Hamilton says he wants to remain in Formula 1...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin explains post-season surgeries: 'I...
No description available...
1h ago from Motorsport.com
Why KTM riders see encouraging signs after first day...
No description available...
3h ago from Motorsport.com
MotoGP Sepang test: Marc Marquez tops Day 1 as Fabio...
No description available...
7h ago from Motorsport.com
Fabio Quartararo to return home after breaking finger...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar, Monumental Sports & Entertainment partner for...
No description available...
3h ago from Motorsport.com
IndyCar legend Dario Franchitti to race NASCAR Truck...
No description available...
2h ago from Motorsport.com
Reigning IndyCar champion Alex Palou gets new livery...
Chip Ganassi Racing has revealed a new livery for the #10 entry ahead of...
1h ago from MotorsportWeek.c...
Nolan Siegel says pressure of contract year...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
5h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'He would work really well' - Pundit asks Manchester...
Former Manchester United defender Danny Simpson has urged the Red Devils...
52m ago from SportsKeeda.com
Strong chance 'highly respected' star could join...
Leon Goretzka has been linked with a move away from German champions...
2h ago from CaughtOffside.com
Arsenal, Man City & Chelsea to enter summer...
Sandro Tonali is once again emerging as a major talking point ahead of the...
7h ago from CaughtOffside.com
Not Saliba: Real Madrid eyeing ambitous move for...
Real Madrid are once again casting a close eye over the Premier League’s...
7h ago from CaughtOffside.com
Comments
Hottest News
Adrian Newey makes ‘last minute' revelation about...
Adrian Newey has revealed that a number of... Read More »
52m ago from MotorsportWeek.com
GALLERY: Williams unveils new livery for F1 2026
Williams has unveiled its livery for the FW48... Read More »
3h ago from MotorsportWeek.com
Mercedes announce new signing as Sky Sports F1 star lands...
Mercedes have announced that a Sky Sports F1... Read More »
1h ago from GPFans.com
