News Details
F1 revenue crashed 96 per cent during Covid-19 lockdown
Formula 1’s revenues crashed by 96 per cent year-on-year during the 2020 Q2 period, according to figures released by owner Liberty Media on Monday. Due to the Covid-19 pandemic no Formula 1 events were held through the months of April, May or June compared to the seven that took place in the same period in 2019. Revenue during that period was just $24m, compared to the $620m accrued in 2019, while after recording a $14m profit in Q2 2019 that figure tumbled to a $136m loss in 2020. Formula 1’s main revenue streams come from race promotion fees, broadcasting deals, as well as advertising and sponsorship fees. Related Posts Brawn: Hulkenberg should have full-time F1 seat August 10,...
Full Story »
Full Story »
4y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Racing Point '99 per cent sure' Perez will get...
Racing Point says it is “99 per cent sure” that Sergio Perez will be...
4y ago from MotorsportWeek.com
Racing Point hopeful Perez can return in Spain
Racing Point says it is hopeful that Sergio Perez will be able to return...
4y ago from MotorsportWeek.com
Perez' participation dependent on negative COVID test
70th Anniversary Grand Prix – Sergio Perez could be set to return...
4y ago from FormulaSpy.com
Perez set to return for Racing Point after finishing...
Sergio Perez has concluded his quarantine period and is undergoing a...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia fights off Jorge Martin to take...
Ducati's Francesco Bagnaia took a remarkable win over championship rival...
3h ago from MotorsportWeek.c...
Martin: Dash message distraction led to Misano...
No description available...
2h ago from Motorsport.com
Why Marquez is willing to crash to improve his pace on...
No description available...
1h ago from Motorsport.com
MotoGP Emilia Romagna GP: Bagnaia beats Martin to...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Felipe Drugovich granted IndyCar test with Chip...
2022 FIA Formula 2 World Champion Felipe Drugovich has landed an NTT...
4h ago from MotorsportWeek.c...
FBI descend on Rahal Letterman Lanigan Racing base
According to multiple reports, the Federal Bureau of Investigation (FBI)...
1d ago from MotorsportWeek.c...
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
2d ago from Motorsport.com
Meyer Shank Racing sign Marcus Armstrong for 2025...
Meyer Shank Racing has signed Marcus Armstrong to partner Felix...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Inside the WRC’s search for its next Michele Mouton
No description available...
1d ago from Motorsport.com
WRC selects women’s driver development programme...
No description available...
2d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
5d ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Erling Haaland out to break own Premier League record...
Manchester City striker Erling Haaland is out to add another record to his...
17m ago from SportsMole.co.uk
“We have to be much better” - Mikel Arteta...
No description available...
17m ago from SportsKeeda.com
Man United defender to make Premier League debut...
Leny Yoro has reportedly identified Manchester United's Premier League...
1h ago from SportsMole.co.uk
Comments
Hottest News
FIA confirm PUNISHMENT for F1 title challenger after...
The FIA have announced their verdict for one of... Read More »
2h ago from GPFans.com
Red Bull star throws garage tantrum at Singapore GP
A Red Bull star has been spotted throwing a... Read More »
1h ago from GPFans.com
2024 Singapore Grand Prix - Qualifying results
Full results from qualifying for the Singapore... Read More »
2h ago from F1i.com
