News Details
Analysis: Assessing Formula 1's financial prospects
Under new owners Liberty Media, Formula 1 has been on something of a spending spree. Keen to fill vacancies in areas like marketing and research - where previously no roles existed - and to amp up the sport's digital offerings, F1 this year has had to shell out in areas that previously saw little to no spending at all. The immediate impact of said spending spree has been a 13 percent fall in the prize money shared between the teams this quarter: $273 million, versus $316 million at the same point in 2016. But as the saying goes, you have to spend money to make money, and the current 'spending' being done by F1 can more generously be viewed as investing. The 2017 season has seen the launch...
Full Story »
Full Story »
7y ago from Motorsport.com
0
You May Also Be Interested In...
F1 teams may face two years of falling prize money -...
Red Bull boss Christian Horner believes that teams may have to go through...
7y ago from Motorsport.com
Horner accepts less prize money for a better future
Red Bull's Christian Horner believes Liberty Media's investment spree...
7y ago from F1i.com
F1 reports huge crowds, reached four million in 2017
F1 saw an eight percent rise in the number of fans attending races in 2017...
7y ago from ThisIsF1.com
Horner: F1 bracing for payment drop until 2021
Red Bull team principal Christian Horner fears Formula 1 teams could feel...
7y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
22h ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
2d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
1d ago from Motorsport.com
Santino Ferrucci hangs on for Road America podium,...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
The next Haaland? What Sesko would bring to Arsenal
Arsenal are considering a move for Benjamin Sesko this summer but what...
3h ago from SkySports.com
Transfer Centre LIVE! Latest on Mbeumo, Gittens,...
No description available...
3h ago from SkySports.com
What are Guehi's options this summer?
Crystal Palace defender Marc Guehi has been linked with a move away from...
3h ago from SkySports.com
A complete No 6? Inside Zubimendi's rise and why...
Arsenal believe they are acquiring one of the world's best holding...
3h ago from SkySports.com
Comments
Hottest News
Sergio Perez confirms long-standing rumour over Max...
Sergio Perez spent four years at Red Bull... Read More »
1h ago from RacingNews365.com
The uncomfortable truth about the F1 movie
The F1 Movie is finally out! Hurrah! However,... Read More »
1h ago from GPFans.com
Gallery: Brad Pitt’s McLaren F1 test at COTA in pictures
Ahead of the release of F1 The Movie, Brad Pitt... Read More »
43m ago from F1i.com
