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F1 revenue in second quarter extremely down
Formula 1 is of course a very expensive sport and a total standstill is immediately visible in the books. The company behind the Formula 1, Liberty Media, published the quarterly figures today and they show a substantial loss. Compared to the second quarter in 2019, the company notes a considerable difference. From 620 back to 24 million In 2019, Formula 1 yielded $620 million in the period from 1 April to 30 June. That will be raised through the circuits that have to pay hosting fees, but also through television rights and other advertising. In the second quarter of 2020, this will drop to a paltry 24 million dollars, according to the press release. Read more Doubts whether Vettel will...
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4y ago from GPBlog.com
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