News Details
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row according to the latest financial report issued by parent company Liberty Media. Although revenues increased by $44 million to total $1,827m for the 2018 period, the group made an overall loss of $68m, nearly double the $37m loss recorded for 2017. Only a small part of the revenue increase – just $6m – came from so-called 'primary F1 revenue', which accounts for race promotion fees, broadcasting fees, advertising and sponsorship fees. The remaining $38m came from 'other revenue', including 'logistics revenue, digital media and TV production related revenue, increased revenue from various fan...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Fernando Alonso: McLaren role vital in case of F1...
Fernando Alonso says retaining a strong connection with McLaren this year...
5y ago from MotorsportWeek.com
Five questions ahead of F1's final pre-season test
The second and final pre-season Formula 1 test is upon us and it's...
5y ago from MotorsportWeek.com
Perez: Loss of Mexican GP would be major blow to...
Sergio Perez admits the future of the Mexican Grand Prix "isn't...
5y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
What Yamaha sees in Rins despite his injury turmoil
No description available...
3h ago from Motorsport.com
India to return to MotoGP calendar in 2026
It is confirmed that the Buddh International Circuit will return to the...
4h ago from MotorsportWeek.c...
Francesco Bagnaia provides update on Suzuka 8 Hours...
Two-time MotoGP champion Francesco Bagnaia has provided an update on a...
7h ago from MotorsportWeek.c...
Francesco Bagnaia: Jorge Martin ‘impossible to...
Ducati’s Francesco Bagnaia has conceded that it was “impossible to...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Jamie Chadwick completes ‘incredible’ maiden...
Jamie Chadwick completed her first NTT IndyCar Series test earlier this...
3h ago from MotorsportWeek.c...
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
Alex Palou officially accepts title at IndyCar’s...
The NTT IndyCar Series held its annual post-season Victory Lap...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Alonso: Third F1 title my "only priority",...
No description available...
7h ago from Motorsport.com
Ekstrom joins Ford’s Dakar team for 2025 after Audi...
No description available...
1d ago from Motorsport.com
Tanak: Neuville is “not safe yet” in WRC title...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'He was finding clever movements to go to the right...
No description available...
48m ago from SportsKeeda.com
'We are talking' – Uncle of Premier League ace...
Aston Villa star Jhon Duran has already caught the eye of top European...
58m ago from CaughtOffside.com
Liverpool transfer news: Reds to rival Inter Milan for...
Liverpool are reportedly preparing to compete with Serie A champions Inter...
38m ago from SportsMole.co.uk
What Gabriel did during Arsenal goal shows why the...
Arsenal earned their first win in this season's Champions League on...
3h ago from CaughtOffside.com
Comments
Hottest News
McLaren chief RESIGNS in shock move
McLaren CEO Zak Brown has resigned from his role... Read More »
1h ago from GPFans.com
Norris suffers HUGE loss after major statement released
Lando Norris is facing a bitterly disappointing... Read More »
10h ago from GPFans.com
F1 announce 10-year partnership with LVMH
Formula 1 has announced a 10-year global... Read More »
1h ago from MotorsportWeek.com
