News Details
Formula 1 reports huge income drop in Q1
The true effect of the global health crisis on Formula 1 is beginning to show after a huge drop in revenue was published in the Q1 results report. The latest figures cover up until to the postponement of the Bahrain Grand Prix, which was supposed to be the second race on a record-breaking 22-race calendar in 2020. Liberty Media's income for the same period in January to April 2019 was $246m, but the Q1 figure for this year reads just $39m. Primary revenue from the likes of race host fees, sponsorship deals and broadcasting money is down from $139m to $13m and other revenue streams have also dried up from $48m to $26m. Liberty Media stated: 'Since there were no events held during the first...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Lost F1 income a ‘big hit', says Ferrari, as...
Ferrari’s CEO Louis Camilleri says the lack of Formula 1 action in 2020...
5y ago from MotorsportWeek.com
Formula One Group revenue plummets as pandemic impact...
Liberty Media has revealed the substantial financial losses suffered
by...
5y ago from MotorsportWeek.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
Pedro Acosta buoyed by KTM turnaround in MotoGP 2025...
No description available...
1h ago from Motorsport.com
Brake problems again behind lack of pace for Francesco...
No description available...
1h ago from Motorsport.com
Marc Marquez dominates to record fifth successive...
Marc Marquez made history for Ducati after dominating the Czech MotoGP...
5h ago from MotorsportWeek.c...
MotoGP Czech GP: Marc Marquez wins at Brno as title...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Santino Ferrucci out of Toronto IndyCar race after...
No description available...
4h ago from Motorsport.com
Ferrucci ruled out of IndyCar Toronto round after...
AJ Foyt Racing has announced that Santino Ferrucci will not compete in...
4h ago from MotorsportWeek.c...
Pato O’Ward muscles his way to IndyCar victory in...
During IndyCar’s yearly visit north of the border in Canada, the series...
27m ago from MotorsportWeek.c...
IndyCar Toronto – Race Results
IndyCar completed its sole visit across the border this weekend, with a...
7m ago from MotorsportWeek.c...
Popular On TotalWRC.com
How the WRC service park reacted to Oliver Solberg's...
No description available...
1h ago from Motorsport.com
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
2h ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
6h ago from MotorsportWeek.c...
WRC Rally Estonia: Oliver Solberg dominates in shock...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
'We have a great chance of winning a trophy' - Arsenal...
Arsenal defender Gabriel Magalhaes has claimed that the Gunners have a...
1h ago from SportsKeeda.com
Gabriel Magalhaes makes claim about Victor Gyokeres...
Arsenal defender Gabriel Magalhaes has heaped praise on Viktor Gyokeres...
1h ago from SportsKeeda.com
Manchester United have added player previously linked...
Manchester United have reportedly added Arsenal-linked forward Benjamin...
2h ago from SportsKeeda.com
Fabrizio Romano says Man Utd ‘will surely'...
Fabrizio Romano has confirmed that Benjamin Sesko's name continues to be...
3h ago from CaughtOffside.com
Comments
Hottest News
Jonathan Wheatley reveals moment that triggered Red Bull...
Sauber Team Principal Jonathan Wheatley has... Read More »
5h ago from MotorsportWeek.com
McLaren star issues update on rumoured F1 driver transfer
McLaren star Pato O'Ward has provided an update... Read More »
58m ago from GPFans.com
Mercedes F1 boss reveals Lewis Hamilton meet-ups in Ferrari...
Mercedes F1 team principal Toto Wolff has... Read More »
2h ago from GPFans.com
