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 »
3y 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...
3y ago from F1i.com
Formula 1's financial recovery continues in Q2
Formula 1 posted more promising financial figures for the second quarter...
3y ago from PlanetF1.com
Strong revenues show F1's COVID recovery
F1 held seven races in the second quarter of 2021 Liberty Media has...
3y 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,...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini splits with manager amid KTM MotoGP...
Enea Bastianini has split from long-term manager Carlo Pernat amid...
3h ago from MotorsportWeek.c...
Yamaha or Honda - Who has made the most progress in...
No description available...
1d ago from Motorsport.com
Jorge Martin admits 'huge challenge' to win MotoGP...
Reigning world champion Jorge Martin admits it will be a “huge...
1d ago from MotorsportWeek.c...
Should MotoGP follow WSBK and let sprint races decide...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar streaming coverage takes hit with end of Venu...
No description available...
33m ago from Motorsport.com
Marco Andretti secures ride for 20th Indy 500 start
Andretti Global confirmed on Tuesday that it will field a fourth car in...
2d ago from MotorsportWeek.c...
The spotlight is now on IndyCar, Indy NXT as both...
No description available...
3d ago from Motorsport.com
IndyCar considering Denver and Mexico races for future...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Ogier: WRC crews “less prepared than ever” for...
No description available...
5h ago from Motorsport.com
FIA’s Torque Meter for Dakar: What is it and how...
No description available...
7h ago from Motorsport.com
Al-Attiyah stripped of Dakar Stage 5 win after spare...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I was disappointed' - When Lionel Messi named the one...
No description available...
1h ago from SportsKeeda.com
Ruben Amorim wants Man Utd star gone yesterday &...
It's no secret that Marcus Rashford appears to have been iced out of Ruben...
53m ago from CaughtOffside.com
Arsenal transfer exclusive: Thomas Partey contract...
Arsenal midfielder Thomas Partey is yet to hold talks with the Gunners...
1h ago from SportsMole.co.uk
Marcus Rashford latest: Which European giant are...
AC Milan are reportedly 'serious' about signing Manchester United forward...
2h ago from SportsMole.co.uk
Comments
Hottest News
Adrian Newey will be playing catch up at Aston Martin...
Formula 1 design guru Adrian Newey has revealed... Read More »
1h ago from MotorsportWeek.com
Coulthard backs himself: 'That's why Perez no longer has a...
After a difficult season for Sergio Perez, during... Read More »
2h ago from GPBlog.com
F1 chief delivers new signing statement in driver...
A Formula 1 chief has explained a recent driver... Read More »
1h ago from GPFans.com
