News Details
F1: F1's second quarter finances suffer following Imola cancellation
The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. The cancellation of the race meant that the second quarter featured only 6 races, whereas last year there were 7 races in the same period. Consequently, revenue for the second quarter was $724m, down on 2022's $744m, along with a 2% drop in primary revenue, which includes race promotion revenue, media rights fees and sponsorship fees, and a further 9% drop in other revenue, streams. Payments to the teams was $344m, down 7% on 2022's $368m, though the over profit was up from $49m in 2022 to $52m. 'Primary F1 revenue decreased in the second quarter with...
Full Story »
Full Story »
1y ago from Pitpass.com
0
You May Also Be Interested In...
Spectre of cancellation hangs over Spa GP
Jul.28 The big buzzwords in the Spa-Francorchamps paddock as the Belgian...
1y ago from OneStopStrategy.com
'It's happened again' - Red Bull suffer MORE trophy...
For the second weekend in a row, Red Bull saw a first-place trophy broken...
1y ago from GPFans.com
Alonso praises Aston Martin's ‘dream' first half...
Fernando Alonso has praised Aston Martin after concluding a 'dream' first...
1y ago from MotorsportWeek.com
Hamilton DENIES Verstappen as Red Bull suffer Belgium...
Lewis Hamilton opted to pit late in the Belgian Grand Prix to claim the...
1y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez: I wouldn’t have won 2024 MotoGP title even...
No description available...
5h ago from Motorsport.com
Former Moto2 rider Pons walks barefoot from Spain to...
No description available...
1h ago from Motorsport.com
KTM to pause MotoGP bike development amid huge...
No description available...
15m ago from Motorsport.com
Ducati trials two-way radio communication in Barcelona...
Ducati has reportedly trialled a two-way radio at the end of the recent...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Robb signing a push for “Stability” for Juncos...
No description available...
1w ago from Motorsport.com
MSR believes Logan Sargeant deserves a chance in...
Earlier in the week, Logan Sargeant joined a few other drivers in...
1w ago from MotorsportWeek.c...
Michael Strahan confirmed as honorary pace car driver...
No description available...
1w ago from Motorsport.com
NFL Hall of Famer announced as Indy 500 pace car driver
Michael Strahan, an American football Hall of Fame athlete and television...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
World champion Neuville joins WRC stars for Monza...
No description available...
5d ago from Motorsport.com
How to assemble the giant Meccano kit to build a rally...
No description available...
4d ago from Motorsport.com
WRC road order rules set to remain unchanged in 2025
No description available...
3d ago from Motorsport.com
WRC 2027 rules to offer powertrain flexibility and...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Manchester United left sweating over star player's...
No description available...
1h ago from SportsKeeda.com
'Can't afford to stay still' – Arsenal taking no...
Arsenal are making a new contract for midfield wonderkid Ethan Nwaneri a...
2h ago from CaughtOffside.com
Arsenal set to raid Premier League club for...
No description available...
3h ago from SportsKeeda.com
Exclusive: Other clubs 'would love' to lure away this...
Arsenal‘s set piece coach Nicolas Jover has become a hugely...
3h ago from CaughtOffside.com
Comments
Hottest News
FIA confirm late Russell penalty with additional punishment
The FIA have confirmed a late penalty for... Read More »
10h ago from GPFans.com
'Michael Schumacher family blackmailed by bodyguard for...
A big scandal in Germany is unfolding: Michael... Read More »
4h ago from GPBlog.com
Ferrari ‘not worried at all' about Lewis Hamilton...
Ferrari Team Principal Frederic Vasseur is... Read More »
2h ago from MotorsportWeek.com
