News Details
F1's financial recovery continues
According to the second quarter financial reports, F1 is continuing to show positive signs of recovery in the wake of the pandemic. In the second quarter of 2021 (April - June) revenue was $501m compared to just $24m in the same quarter in 2020. Of course, due to the pandemic there were no races in Q2 2020, while there have been 7 so far in Q2 this year. While the $501m is a positive sign, it is worth noting that in Q2 in 2019, which also featured 7 races, revenue was $620m. The operating loss in Q2 was $43m compared to $136m in 2020, though again, the operating loss in 2019 was just $14m. With no races there were no team payments in Q2 2020, however this year the teams shared $308m,...
Full Story »
Full Story »
4y ago from Pitpass.com
0
You May Also Be Interested In...
Formula 1 extends financial recovery in second quarter
Formula 1 continued its financial recovery in the second quarter of 2021...
4y ago from F1i.com
Formula 1's financial recovery continues in Q2
Formula 1 posted more promising financial figures for the second quarter...
4y ago from PlanetF1.com
Strong revenues show F1's COVID recovery
F1 held seven races in the second quarter of 2021 Liberty Media has...
4y ago from SpeedCafe.com
Esteban Ocon takes first F1 win in high drama...
It was Esteban Ocon who took the victory at the Hungarian Grand Prix,...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
What happened at MotoGP’s official season launch in...
No description available...
12h ago from Motorsport.com
Yamaha: ’2026 MotoGP bike not performing badly but...
No description available...
16h ago from Motorsport.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
1d ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
McLaren eyes Fernando Alonso reunion to complete...
Zak Brown has said he will "continue to bug" Fernando Alonso to...
8h ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
3d ago from MotorsportWeek.c...
Zak Brown “would love” Indy 500 reunion with...
No description available...
2d ago from Motorsport.com
Arrow McLaren officially opens doors to new home in...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
2d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
4d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal fans will love what Martin Zubimendi was...
Martin Zubimendi was on the target for Arsenal for the second successive...
6h ago from CaughtOffside.com
Alvarez up front, no Odegaard: Arsenal's stunning...
Arsenal's XI next season could be even better than the one topping the...
7h ago from CaughtOffside.com
Gyökeres’ gifts of bundling and poaching suggest...
No description available...
6h ago from TheGuardian.com
Watch: Martin Zubimendi scores long-range stunner to...
Martin Zubimendi has drilled a strike from outside the box to give Arsenal...
10h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen slammed in hilarious takedown by former Red...
F1 champion Max Verstappen's former Red Bull... Read More »
5h ago from GPFans.com
‘A mammoth undertaking’: Bernie Collins digs into...
Aston Martin’s first F1 car designed under the... Read More »
10h ago from F1i.com
Toto Wolff issues clue over F1 2026 as Red Bull reportedly...
Catch up on the biggest news stories of the day... Read More »
6h ago from RacingNews365.com
