News Details
F1 runs huge loss in third quarter
The financial situation of Formula 1 in the period June to September is had been made public. There has been a loss of around $104 million, Motorsport.com reports. The loss is largely attributed to the mandatory coronavirus related adjustments, which meant that many races had to be held without an audience. Also, with many media channels, the price for broadcasting the races was reconsidered. Read more Carey: 'We will publish the provisional calendar in the coming weeks' This financial blow has fallen despite the fact that out of the seventeen planned races, ten were held. Last year in the same period, a profit of around $32 million was made. The financial results for the...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
F1 posts $104m quarterly loss as COVID weighs on...
The Formula One Group posted a $104 million loss for its third quarter of...
5y ago from F1i.com
Ferrari profits up despite drop in revenue amid
Luxury sportscar maker and legendary Formula 1 racing team Ferrari on...
5y ago from GrandPrix247.com
Formula 1 posts $104m loss for Q3, but income starts...
Formula 1 has reported a $104 million loss for the third quarter (July to...
5y ago from MotorsportWeek.com
F1 Teams Agree $30 Million Driver Salary Cap
On Monday, all F1 team bosses met virtually at the F1 Commission to vote...
5y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez, Francesco Bagnaia unveil retro-inspired...
No description available...
45m ago from Motorsport.com
Ducati showcases 2026 MotoGP livery
Reigning back-to-back Teams’ Champions Ducati Corse has unveiled its...
45m ago from MotorsportWeek.c...
Toprak Razgatlioglu: I may fail to get my first MotoGP...
No description available...
18h ago from Motorsport.com
Rival MotoGP teams offering "a lot of money"...
No description available...
23h ago from Motorsport.com
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...
3d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
3d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
3d ago from Motorsport.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
1d ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
1d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
1d ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Barcelona consider Premier League manager as new head...
Barcelona are reportedly contemplating Arsenal boss Mikel Arteta as one of...
45m ago from SportsKeeda.com
“Take him out of the firing line” - Micah Richards...
Micah Richards has urged Arsenal boss Mikel Arteta to drop Viktor...
1h ago from SportsKeeda.com
Time to get that forward line firing
Morning. So, it's Monday, the weekend is over and in the end it has turned...
3h ago from Arseblog.com
Xabi Alonso's next club: Will Man United or Liverpool...
It's only the 13th of January but we've already seen managers sacked at...
3h ago from CaughtOffside.com
Comments
Hottest News
Ferrari 2026 livery leaked? F1 fans rage at first look
It's only a few days until Ferrari launch their... Read More »
1h ago from GPFans.com
F1 legend admits FIA ‘screwed’ Ferrari with new...
Former Ferrari boss Ross Brawn has claimed that... Read More »
2h ago from GPFans.com
Haas reveals major Toyota update that cuts significant...
Haas Team Principal Ayao Komatsu has revealed... Read More »
1h ago from MotorsportWeek.com
