News Details
F1 runs huge loss in third quarter
The financial situation of Formula 1 in the period June to September is had been made public. There has been a loss of around $104 million, Motorsport.com reports. The loss is largely attributed to the mandatory coronavirus related adjustments, which meant that many races had to be held without an audience. Also, with many media channels, the price for broadcasting the races was reconsidered. Read more Carey: 'We will publish the provisional calendar in the coming weeks' This financial blow has fallen despite the fact that out of the seventeen planned races, ten were held. Last year in the same period, a profit of around $32 million was made. The financial results for the...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
F1 posts $104m quarterly loss as COVID weighs on...
The Formula One Group posted a $104 million loss for its third quarter of...
4y ago from F1i.com
Ferrari profits up despite drop in revenue amid
Luxury sportscar maker and legendary Formula 1 racing team Ferrari on...
4y ago from GrandPrix247.com
Formula 1 posts $104m loss for Q3, but income starts...
Formula 1 has reported a $104 million loss for the third quarter (July to...
4y ago from MotorsportWeek.com
F1 Teams Agree $30 Million Driver Salary Cap
On Monday, all F1 team bosses met virtually at the F1 Commission to vote...
4y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Unpacking the art of value betting in MotoGP
Value betting in MotoGP is a strategic blend of data analysis,...
4h ago from MotorsportWeek.c...
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Colton Herta praises IndyCar's delayed cautions;...
No description available...
10h ago from Motorsport.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
18h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
1d ago from MotorsportWeek.c...
A bittersweet weekend for IndyCar’s Arrow McLaren at...
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Barcelona Transfer News Roundup: Cristiano Ronaldo...
Barcelona secured a 3-1 win over Vissel Kobe on Sunday, July 27, at the...
9h ago from SportsKeeda.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
Real Madrid will have their eyes on the league and the Champions League...
9h ago from SportsKeeda.com
“It’s scary to play against him” - Arsenal...
Arsenal defender William Saliba has proclaimed new signing Viktor Gyokeres...
13h ago from SportsKeeda.com
'Only thing I need is some assists” - Viktor...
Arsenal's new signing, Viktor Gyokeres, thrilled many Gunners' fans on...
13h ago from SportsKeeda.com
Comments
Hottest News
Lando Norris one of TEN drivers hit by late FIA ruling...
Lando Norris was revealed as one of 10 F1 stars... Read More »
8h ago from GPFans.com
Piastri explains how his family member contributed to his...
On the back of his dominant victory at last... Read More »
55m ago from F1Technical.net
Italian media hand Lewis Hamilton SHOCK rating after...
The Italian F1 media have delivered their verdict... Read More »
7h ago from GPFans.com
