News Details
F1 suffers 84% revenue drop in Q1 due to pandemic!
The Formula One Group's revenue in the first quarter of 2020 predictably suffered a huge drop on the back of the coronavirus pandemic. Liberty Media revealed on Thursday the sport's numbers for the January/March period, which saw F1's revenue plummet 84% from $246 million in 2019 to a meager $39 million that were generated in the first three months of the year. The sport's disrupted season which has so far led to the cancellation or postponement of ten rounds of the F1 world championship has wreaked havoc on race fees, broadcast contracts and sponsorship revenue. Midfield teams' chances of winning boosted by new prize fund - Brawn Revenue from the three segments fell 93% from $198 million...
Full Story »
Full Story »
You May Also Be Interested In...
Formula 1 sees huge drop of 84 percent in revenue due...
The coronavirus strikes like a bomb in many sectors and that also applies...
5y ago from GPBlog.com
Formula 1 reports huge income drop in Q1
The true effect of the global health crisis on Formula 1 is beginning to...
5y ago from PlanetF1.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...
22h 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...
3d ago from MotorsportWeek.c...
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
6d 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...
4d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
4d ago from Motorsport.com
Hyundai World Rally Team reverts to shared third car...
Hyundai Motorsport has announced its full line-up for the 2026 FIA World...
4d ago from MotorsportWeek.c...
Sports quiz of the week: Premier League goals, Ashes...
No description available...
4d ago from TheGuardian.com
Popular On GunnersToday.com
Mikel Arteta told to make 'difficult decision' at...
Mikel Arteta has been told to decide the best position of summer signing...
1h ago from CaughtOffside.com
Mikel Arteta and the FA Cup
Morning. Let's start today with the draw for the FA Cup third round, and...
1h ago from Arseblog.com
Dejan Lovren makes stance clear on Mohamed Salah...
Former Liverpool defender Dejan Lovren has reacted to Mohamed Salah's...
10m ago from SportsKeeda.com
Real Madrid, Arsenal and Manchester United keeping one...
Real Madrid have reportedly joined the race to sign Arsenal and Manchester...
2h ago from SportsKeeda.com
Comments
Hottest News
Marko out at Red Bull as power struggle reaches end
Dec.9 What began as paddock whispers on Sunday... Read More »
2h ago from OneStopStrategy.com
Helmut Marko's Red Bull exit fuelled by 'recent antics' -...
Helmut Marko appears to be heading for the exit... Read More »
49m ago from RacingNews365.com
F1 post-season test disrupted by red flag after crash
The first red flag of the post-season test was... Read More »
1h ago from RacingNews365.com
