News Details
Formula 1 reports huge income drop in Q1
The true effect of the global health crisis on Formula 1 is beginning to show after a huge drop in revenue was published in the Q1 results report. The latest figures cover up until to the postponement of the Bahrain Grand Prix, which was supposed to be the second race on a record-breaking 22-race calendar in 2020. Liberty Media's income for the same period in January to April 2019 was $246m, but the Q1 figure for this year reads just $39m. Primary revenue from the likes of race host fees, sponsorship deals and broadcasting money is down from $139m to $13m and other revenue streams have also dried up from $48m to $26m. Liberty Media stated: 'Since there were no events held during the first...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Lost F1 income a ‘big hit', says Ferrari, as...
Ferrari’s CEO Louis Camilleri says the lack of Formula 1 action in 2020...
5y ago from MotorsportWeek.com
Formula One Group revenue plummets as pandemic impact...
Liberty Media has revealed the substantial financial losses suffered
by...
5y ago from MotorsportWeek.com
Formula 1 hit by $200m loss of revenue
Liberty Media have revealed that Formula 1 lost over $200 million of...
5y ago from GPFans.com
F1 revenue loss hitting Ferrari in the “harshest...
Ferrari CEO Louis Camilleri says Formula 1’s “drastic” loss of...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller: Yamaha M1 shouldn’t suit my riding...
No description available...
6h ago from Motorsport.com
Ducati: Marc Marquez has “determination of a rookie...
No description available...
2d ago from Motorsport.com
KTM’s 850cc engine for 2027 MotoGP season breaks...
No description available...
3d ago from Motorsport.com
Why Jack Miller and Alex Rins see more potential in...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
2d ago from MotorsportWeek.c...
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
5d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
6d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
3d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
4d ago from Motorsport.com
Sports quiz of the week: Premier League goals, Ashes...
No description available...
3d ago from TheGuardian.com
Hyundai World Rally Team reverts to shared third car...
Hyundai Motorsport has announced its full line-up for the 2026 FIA World...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Injuries testing Arsenal's depth as 'clusters' take a...
The manner of Arsenal's defeat to Aston Villa, sealed with effectively the...
37m ago from SkySports.com
Salah fallout, Arsenal slip and a wild World Cup draw...
Rushden is joined by Barry Glendenning, John Brewin and Seb Hutchinson to...
4h ago from TheGuardian.com
'When you want to achieve something, you have to be...
Former Arsenal attacker Lukas Podolski has urged his former club to...
5h ago from SportsKeeda.com
Liverpool and Arsenal interested in signing...
Liverpool and Arsenal are reportedly interested in signing Paris...
4h ago from SportsKeeda.com
Comments
Hottest News
Martin Brundle calls out Sky F1 colleague live on air for...
Sky F1 pundit Martin Brundle called out one of... Read More »
4h ago from GPFans.com
Lando Norris reveals 2026 racing number after winning F1...
Lando Norris has revealed he will be racing with... Read More »
57m ago from MotorsportWeek.com
Red Bull 'won't tolerate' Isack Hadjar behaviour in 2026
Isack Hadjar has been warned about his behaviour... Read More »
6h ago from GPFans.com
