News Details
F1 team prize money takes $50m dip in 2017
Photo by: www.kymilman.com/F1 Autosport's leading sentence is, 'The 10 Formula 1 teams collectively received $47million less than the previous year during the first season of Liberty ownership' and we've discussed this at length during several of our podcasts before. The increase in FOM staff, new offices, London Live event added to costs. Additionally, CEO Chase Carey's desire to engage in more marketing events, fan outreach, and a new F1 TV service intended to increase F1's appeal and gain new viewers has been a cause of the increase also. Chase said: 'We've settled into our new London headquarters,' he said on Thursday. 'With headcount currently around 120, expecting to settle around...
Full Story »
Full Story »
7y ago from TheParcFerme.com
0
You May Also Be Interested In...
F1 prize money drops by £35m in 2017
The first year of F1 under its new ownership saw prize money fall by £35m
7y ago from Pitpass.com
F1 income drop impacts teams to the tune of $47m
Formula One suffered a decrease in its earnings in 2017 which has led to...
7y ago from F1i.com
Live timing from the second day of F1 pre-season...
Catch up on all F1 news, here at Motorsport Week RSS Feed!<p>Follow...
7y ago from MotorsportWeek.com
Live timing from the third day of F1 pre-season testing
Catch up on all F1 news, here at Motorsport Week RSS Feed!<p>Follow...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP confirms date of Balaton Park homologation...
MotoGP has confirmed that the homologation approval for the Balaton Park...
5h ago from MotorsportWeek.c...
What Trackhouse saw in Ogura that made him a surprise...
No description available...
2d ago from Motorsport.com
KTM compares Pedro Acosta's MotoGP approach to...
KTM Motorsport Director Pit Beirer compared Pedro Acosta's approach to...
2d ago from MotorsportWeek.c...
Three Ducati riders rode with ‘updated’ 2025...
A spokesperson for Ducati has revealed three of its riders raced at the...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Bumping confirmed for Indy 500 as Takuma Sato becomes...
No description available...
20h ago from Motorsport.com
How VeeKay went from an unexpected ECR exit to...
No description available...
21h ago from Motorsport.com
Takuma Sato to contest 16th Indy 500 with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will...
1d ago from MotorsportWeek.c...
FOX working to bring Kentucky Derby-style betting to...
This past weekend FOX produced its first IndyCar broadcast of a new...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA steps in after WRC fuel supplier goes into...
No description available...
2d ago from Motorsport.com
Meet Claire Schonborn, the engineer turned WRC...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'I admit he has surprised me. He’s been excellent...
No description available...
58m ago from SportsKeeda.com
19 G/A star is top transfer target for incoming...
Arsenal are reportedly eyeing up Wolves forward Matheus Cunha for this...
1h ago from CaughtOffside.com
Chelsea and Arsenal believe they can snap up 80m-rated...
No description available...
18m ago from SportsKeeda.com
Arsenal add 30m-rated Man United transfer target to...
Arsenal are reportedly the latest club to show an interest in the...
2h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen given ‘positive feeling' by RB21 ahead...
Max Verstappen has found a "much more... Read More »
58m ago from MotorsportWeek.com
Sky Sports announce multiple champion to join F1 presenting...
A multiple champion is joining the Sky Sports... Read More »
6h ago from RacingNews365.com
F1 News Today: Cadillac driver decision slammed as...
Former Formula 1 team boss Guenther Steiner has... Read More »
1h ago from GPFans.com
