News Details
F1 revenue crashed 96 per cent during Covid-19 lockdown
Formula 1’s revenues crashed by 96 per cent year-on-year during the 2020 Q2 period, according to figures released by owner Liberty Media on Monday. Due to the Covid-19 pandemic no Formula 1 events were held through the months of April, May or June compared to the seven that took place in the same period in 2019. Revenue during that period was just $24m, compared to the $620m accrued in 2019, while after recording a $14m profit in Q2 2019 that figure tumbled to a $136m loss in 2020. Formula 1’s main revenue streams come from race promotion fees, broadcasting deals, as well as advertising and sponsorship fees. Related Posts Brawn: Hulkenberg should have full-time F1 seat August 10,...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Racing Point '99 per cent sure' Perez will get...
Racing Point says it is “99 per cent sure” that Sergio Perez will be...
5y ago from MotorsportWeek.com
Racing Point hopeful Perez can return in Spain
Racing Point says it is hopeful that Sergio Perez will be able to return...
5y ago from MotorsportWeek.com
Perez' participation dependent on negative COVID test
70th Anniversary Grand Prix – Sergio Perez could be set to return...
5y ago from FormulaSpy.com
Perez set to return for Racing Point after finishing...
Sergio Perez has concluded his quarantine period and is undergoing a...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez can only "survive" in Spanish...
No description available...
14h ago from Motorsport.com
Jorge Martin to drop three places on Spanish GP grid...
No description available...
14h ago from Motorsport.com
Pedro Acosta explains Q1 relegation, hopes Jerez is...
No description available...
15h ago from Motorsport.com
“You don’t want to try your best” - Fabio...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
13h ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
3d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
3d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier goes all out on asphalt attack
Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
12h ago from MotorsportWeek.c...
WRC Canary Islands: Sebastien Ogier leads as Toyota...
No description available...
10h ago from Motorsport.com
Dani Sordo reacts to interest from WRC’s newest...
No description available...
14h ago from Motorsport.com
WRC Canary Islands: Sebastien Ogier extends lead as...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Game 1 of the ‘new season' is a must win
Morning all. 'Game 1', is how Mikel Arteta described today's encounter...
55m ago from Arseblog.com
Arsenal and Man United look to beat La Liga giants in...
Atalanta midfielder Ederson has been linked with a move away from the...
11h ago from CaughtOffside.com
Arteta targets 60m speedster as Man United prepare bid...
Karim Adeyemi has been linked with a move away from Borussia Dortmund at...
13h ago from CaughtOffside.com
'We are all in. Let’s go for it' - Mikel Arteta...
Arsenal boss Mikel Arteta has urged his players to rise to the occasion...
13h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: McLaren want Red Bull contract halted,...
McLaren F1 CEO Zak Brown has confirmed talks to... Read More »
1h ago from GPFans.com
FIA cancel race due to bad parking
The FIA were forced to cancel Stage Three at the... Read More »
35m ago from GPFans.com
McLaren F1 rivals warned with stunning 'completely new car'...
It seems the MCL40 witnessed over the first three... Read More »
1h ago from RacingNews365.com
