News Details
F1's financial recovery continues
According to the second quarter financial reports, F1 is continuing to show positive signs of recovery in the wake of the pandemic. In the second quarter of 2021 (April - June) revenue was $501m compared to just $24m in the same quarter in 2020. Of course, due to the pandemic there were no races in Q2 2020, while there have been 7 so far in Q2 this year. While the $501m is a positive sign, it is worth noting that in Q2 in 2019, which also featured 7 races, revenue was $620m. The operating loss in Q2 was $43m compared to $136m in 2020, though again, the operating loss in 2019 was just $14m. With no races there were no team payments in Q2 2020, however this year the teams shared $308m,...
Full Story »
Full Story »
4y ago from Pitpass.com
0
You May Also Be Interested In...
Formula 1 extends financial recovery in second quarter
Formula 1 continued its financial recovery in the second quarter of 2021...
4y ago from F1i.com
Formula 1's financial recovery continues in Q2
Formula 1 posted more promising financial figures for the second quarter...
4y ago from PlanetF1.com
Strong revenues show F1's COVID recovery
F1 held seven races in the second quarter of 2021 Liberty Media has...
4y ago from SpeedCafe.com
Esteban Ocon takes first F1 win in high drama...
It was Esteban Ocon who took the victory at the Hungarian Grand Prix,...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
10h ago from MotorsportWeek.c...
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
1d ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss Thai GP, Gresini names...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
8h ago from Motorsport.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
8h ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Sweden: Takamoto Katsuta snatches lead from Elfyn...
No description available...
4h ago from Motorsport.com
Takamoto Katsuta heads Toyota 1-2-3 in Rally Sweden
Takamoto Katsuta and Aaron Johnston lead Rally Sweden after Friday’s...
5h ago from MotorsportWeek.c...
Thierry Neuville labels WRC struggles the “hardest...
No description available...
10h ago from Motorsport.com
WRC Sweden: Elfyn Evans leads as Oliver Solberg drops...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
8 goals in 11 starts: Arsenal, Chelsea & Man Utd...
Eli Junior Kroupi has been outstanding for Bournemouth since joining the...
5h ago from CaughtOffside.com
“Astonishing” attacker on Arsenal and Chelsea...
Atletico Madrid striker Julian Alvarez is a target for Arsenal and Chelsea...
8h ago from CaughtOffside.com
Possible boost for Arsenal as Manchester City star...
Manchester City midfielder Rodri has been charged by the Football...
10h ago from CaughtOffside.com
National team manager 'optimistic' about Arsenal...
Spain manager Luis de la Fuente has spoken about Arsenal midfielder Mikel...
11h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 – Bahrain test Day 3 live
It's the third and final day of running of the... Read More »
16h ago from MotorsportWeek.com
Leclerc left encouraged by Ferrari’s start, but claims...
Charles Leclerc left the opening three‑day... Read More »
1h ago from F1Technical.net
Oscar Piastri calls for immediate action over 'borderline...
Oscar Piastri has identified a key area of... Read More »
5h ago from RacingNews365.com
