News Details
Formula 1 extends financial recovery in second quarter
Formula 1 continued its financial recovery in the second quarter of 2021 in the wake of the global Covid-19 crisis. Revenue for the three-month period clocked in at $501m, a number that cannot be compared to the same period for 2020 as no races were held in the second quarter last year. However, relative to Q2 2019 - when Grand Prix racing enjoyed a normal schedule and generated $620m during the period - F1's revenue fell by $119m. Looking at the sport's bottom line, F1 narrowed its operating loss from $136 million in Q2 2020 to $43 million this year. While F1's competitors received no income in Q2 2020, the sport's ten teams shared $308m in the second quarter, a figure that was down from...
Full Story »
Full Story »
You May Also Be Interested In...
Rencken: Innocent teams in crashes should have the...
Article To news overview Formula 1 teams that are found to not be at...
3y ago from RacingNews365.com
Verstappen hits out over continued collision questions
Max Verstappen reacted angrily to continued questioning about his...
3y ago from SkySports.com
Seidl tells Horner cost damages just 'part of the game'
Red Bull's Christian Horner has been vocal about the financial...
3y ago from F1i.com
RN365 Debates: Should teams be given compensation if...
Column To news overview © Red Bull Contentpool Following two weekends...
3y ago from RacingNews365.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia ‘had to sacrifice performance'...
Francesco Bagnaia said he “had to sacrifice a bit of performance” on...
12h ago from MotorsportWeek.c...
Martin to copy Marquez's style after riding...
No description available...
17h ago from Motorsport.com
Vinales "looked like an idiot" after Motegi...
No description available...
14h ago from Motorsport.com
Vinales "looked like a cone" after Motegi...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
How Palou cemented his growing legend in IndyCar title...
No description available...
1d ago from Motorsport.com
Alex Palou’s greatness is in a league of its own
No description available...
2d ago from Motorsport.com
Jamie Chadwick completes ‘incredible’ maiden...
Jamie Chadwick completed her first NTT IndyCar Series test earlier this...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC rising star has “zero idea” over future after...
No description available...
1d ago from Motorsport.com
Toyota encouraged for future after Pajari’s WRC...
No description available...
2d ago from Motorsport.com
Alonso: Third F1 title my "only priority",...
No description available...
3d ago from Motorsport.com
Janne Ferm hangs up his helmet
Last week's Rally Chile Bio Bío marked Ferm's 90th and final WRC start,...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal and Aston Villa could rival Liverpool...
Liverpool could face competition from five other Premier League clubs for...
4h ago from CaughtOffside.com
Barcelona, Atletico Madrid 'battling for £42m Arsenal...
Atletico Madrid reportedly show an interest in re-signing Thomas Partey...
4h ago from SportsMole.co.uk
'Another level' – Arteta believes there's even...
Arsenal boss Mikel Arteta believes Kai Havertz still has ‘another...
5h ago from CaughtOffside.com
Chris Sutton uses Arsenal example to advise Celtic...
Brendan Rodgers yesterday outlined his commitment to Celtic's playing...
6h ago from CaughtOffside.com
Comments
Hottest News
Ricciardo Red Bull RETURN tipped as Verstappen Wolff...
Mercedes team principal Toto Wolff has spoken... Read More »
5h ago from GPFans.com
Sainz names his best friend in F1: 'He still is!'
Carlos Sainz joined Ferrari in 2021, teaming up... Read More »
12h ago from GPBlog.com
David Schumacher issues emotional statement in...
German racing driver David Schumacher - the son... Read More »
18h ago from GPFans.com
