News Details
Carey: We could use tracks not on the calendar
Formula 1 could race at circuits not on the current calendar as it seeks to rev up a 2020 season stalled by the COVID-19 pandemic and against a backdrop of plunging revenues. The Liberty Media-owned sport reported first quarter revenues of $39 million on Thursday, compared to $246 million in the same period last year, with no races scheduled for Q2 either. The sport recently received a net cash payment of $1.4 billion, however, in an asset switch with Liberty’s Sirius XM to boost liquidity. Chief executive and chairman Chase Carey told analysts on a conference call that he was increasingly confident there would be a 2020 season, with plans to get going in Austria at the beginning of...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ferrari first quarter results hit by Formula 1's hiatus
Formula 1's disrupted 2020 season which has yet to get underway had an...
5y ago from F1i.com
Camilleri: No Formula 1 a ‘big hit' to Ferrari's...
Formula 1's coronavirus-induced hiatus has almost completely wiped-out...
5y ago from GrandPrix247.com
F1 revenue crashes by 84% in first quarter
As expected, F1 has been hit hard by the ongoing pandemic, with its...
5y ago from Pitpass.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
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
1d ago from MotorsportWeek.c...
Aprilia to run “special test” for Jorge Martin...
No description available...
1d ago from Motorsport.com
Watch: “Feels like yesterday” - Alex Criville...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia admits it is impossible to think...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
3d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Norgaard in, Partey out?
Morning all. Wherever you are in the world, I hope you're doing ok today....
43m ago from Arseblog.com
Collymore's column: Alejandro Garnacho disrespected...
In his exclusive column for CaughtOffside, former Liverpool and England...
2h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos yet to...
Real Madrid travel to the Lincoln Financial Field on Thursday, June 26, to...
2h ago from SportsKeeda.com
Liverpool make surprise move to sign Arsenal and...
Liverpool have reportedly entered the race to sign Arsenal and Manchester...
7h ago from SportsKeeda.com
Comments
Hottest News
Sergio Perez issues update on F1 return progress
Sergio Perez has been absent from the F1 grid... Read More »
1h ago from RacingNews365.com
F1 News Today: Red Bull reveal Max Verstappen replacement...
Helmut Marko has revealed Red Bulls plans in the... Read More »
2h ago from GPFans.com
Villeneuve: Norris has the pace but Piastri is playing the...
Jacques Villeneuve offered an interesting... Read More »
1h ago from GrandPrix247.com
