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
2026 MotoGP Buriram Test: Schedule, entry list and how...
No description available...
2h ago from Motorsport.com
Trackhouse boss suggests crucial change to MotoGP...
No description available...
4h ago from Motorsport.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
8h ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
5h ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
1d ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Man United accelerate move for 'generational' talent,...
Manchester United are hoping to sign the Brazilian attacker Gabriel...
46m ago from CaughtOffside.com
Liverpool join Arsenal in race for 23-year-old...
Arsenal and Liverpool are interested in signing the PSG attacker Bradley...
46m ago from CaughtOffside.com
Eze plays long game but end-of-season form could give...
ymaker, out of favour under Mikel Arteta, has scored 18 of his 38 Premier...
56m ago from TheGuardian.com
Comments
Hottest News
F1 2026 Bahrain pre-season 2nd Test - Day 3 full results
Check out the full results from the third day of... Read More »
4h ago from RacingNews365.com
Max Verstappen hands Red Bull 'obvious' verdict as...
Max Verstappen failed to reach the 1m 32s in... Read More »
2h ago from RacingNews365.com
F1 star jetted off from testing just 12 MINUTES after their...
A Sky Sports F1 star has revealed a hilarious... Read More »
4h ago from GPFans.com
