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
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
6h ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
9h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s Hungarian Grand Prix
No description available...
12h ago from Motorsport.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
6h ago from Motorsport.com
Red Bull eyeing F1 drive for IndyCar champion Alex...
Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
11h ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
14h ago from Motorsport.com
Honda awarded IndyCar manufacturers’ championship
Even though the 2025 IndyCar season is not yet complete, Honda has been...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
4d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Premier League: 10 talking points from the weekend’s...
harlison and Martín Zubimendi are changing things up at Spurs and...
4h ago from TheGuardian.com
Saka set to miss Liverpool clash and England qualifiers
Bukayo Saka is set to miss Arsenal's Premier League clash with Liverpool...
8h ago from SkySports.com
“Top-quality” star edging closer to Arsenal exit...
Arsenal defender Jakub Kiwior could be on his way out of North London this...
9h ago from CaughtOffside.com
Arsecast Extra Episode 655 – 25.08.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
11h ago from Arseblog.com
Comments
Hottest News
Andretti breaks silence on 2026 Cadillac F1 driver line-up
Cadillac board member and former F1 champion... Read More »
13h ago from MotorsportWeek.com
F1MATHS: How have ground-effect cars evolve over the years?
The current technical regulations were introduced... Read More »
1h ago from F1Technical.net
Unseen Ferrari footage drops after Hamilton dispute
Previously unseen footage of the aftermath of... Read More »
5h ago from GPFans.com
