News Details
F1: F1's second quarter finances suffer following Imola cancellation
The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. The cancellation of the race meant that the second quarter featured only 6 races, whereas last year there were 7 races in the same period. Consequently, revenue for the second quarter was $724m, down on 2022's $744m, along with a 2% drop in primary revenue, which includes race promotion revenue, media rights fees and sponsorship fees, and a further 9% drop in other revenue, streams. Payments to the teams was $344m, down 7% on 2022's $368m, though the over profit was up from $49m in 2022 to $52m. 'Primary F1 revenue decreased in the second quarter with...
Full Story »
Full Story »
1y ago from Pitpass.com
0
You May Also Be Interested In...
Spectre of cancellation hangs over Spa GP
Jul.28 The big buzzwords in the Spa-Francorchamps paddock as the Belgian...
1y ago from OneStopStrategy.com
'It's happened again' - Red Bull suffer MORE trophy...
For the second weekend in a row, Red Bull saw a first-place trophy broken...
1y ago from GPFans.com
Alonso praises Aston Martin's ‘dream' first half...
Fernando Alonso has praised Aston Martin after concluding a 'dream' first...
1y ago from MotorsportWeek.com
Hamilton DENIES Verstappen as Red Bull suffer Belgium...
Lewis Hamilton opted to pit late in the Belgian Grand Prix to claim the...
1y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia preparing test for Jorge Martin ahead return...
Aprilia is prepared to organise a special test for MotoGP World Champion...
5h ago from MotorsportWeek.c...
Why Assen Moto2 winner Diego Moreira is in pole...
No description available...
6h ago from Motorsport.com
Jorge Martin continues dispute with Aprilia over 2026...
Reigning MotoGP World Champion Jorge Martin has continued his 2026...
1d ago from MotorsportWeek.c...
Aleix Espargaro doesn’t understand why Aprilia would...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
20h ago from MotorsportWeek.c...
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
5d ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
4d ago from Motorsport.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
9h ago from Motorsport.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
1d ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
3d ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal hoping to sign Serie A superstar for 50...
Arsenal are hopeful of securing a deal for Atalanta star Ademola Lookman...
1h ago from SportsKeeda.com
“He’s open to joining Arsenal project and...
Fabrizio Romano has reported that Eberechi Eze is open to joining Arsenal....
1h ago from SportsKeeda.com
Arsenal readying £43m move to bring 27-G/A star back...
Arsenal are interested in the Atalanta attacker Ademola Lookman during the...
3h ago from CaughtOffside.com
‘Open to joining Arsenal' – Fabrizio...
Crystal Palace star Eberechi Eze has signaled his readiness to join...
6h ago from CaughtOffside.com
Comments
Hottest News
Sky Sports drops F1 bombshell: Verstappen says ‘Yes’ to...
Max Verstappen is reportedly on the brink of a... Read More »
7h ago from F1i.com
Brundle suspects ‘something is up’ in...
Amid mounting speculation surrounding Max... Read More »
2h ago from F1i.com
Reason for Vasseur's sudden paddock exit emerges
Jul.2 Amid raging speculation about his future... Read More »
7h ago from OneStopStrategy.com
