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
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
4h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
3h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
10h ago from Motorsport.com
These are leading contenders for the 2026 Dakar Rally
No description available...
9h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Bournemouth vs Arsenal Prediction and Betting Tips |...
The Premier League returns to the fold with another set of matches this...
2h ago from SportsKeeda.com
Transfer boost for Arsenal and Liverpool, target makes...
Real Madrid attacker Rodrygo Goes has been linked with a move away from...
5h ago from CaughtOffside.com
Arteta calls for Gyokeres to embrace the noise amid...
Mikel Arteta has called for Viktor Gyokeres and his Arsenal team-mates to...
4h ago from SkySports.com
'The situation' – Manager responds to Chelsea...
Bournemouth manager Andoni Iraola has played down links with the Chelsea...
7h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Riccardo Adami told to 'go on vacation'...
Ferrari F1 star Lewis Hamilton has been urged to... Read More »
56m ago from GPFans.com
Symonds slams F1’s 2026 power unit: ‘We ended up with a...
Formula 1’s upcoming 2026 power units have... Read More »
9h ago from F1i.com
Lewis Hamilton's major weakness could end F1 career
Former F1 racer Ralf Schumacher has suggested the... Read More »
2h ago from GPFans.com
