News Details

F1 revenue impacted by Imola cancellation

Article To news overview © Red Bull Content Pool Formula 1's revenue for the second quarter of 2023 fell to $141 million compared to $146 million in the same period in 2022, largely owing to the cancellation of the Emilia Romagna Grand Prix. The race was due to be held at the end of May, but severe flooding in the region on the days leading up to the weekend led to the decision to postpone and ultimately cancel the event. F1 officials felt it would have been too straining on the emergency services in the Emilia Romagna region, who were already having to deal with the devastation of the floods. Brian Wendling, Chief Financial Officer of Liberty Media, told a recent earnings call:...
Full Story »
Share

You May Also Be Interested In...

Formula 1 second quarter revenue hit by Imola...

Formula 1 suffered a slight drop in its revenue for the second quarter of...
2y ago from F1i.com

Formula 1 revenues down in second quarter: THIS is the...

The almost last-minute cancellation of the Grand Prix weekend in Imola has...
2y ago from GPBlog.com

F1: F1's second quarter finances suffer following...

The cancellation of the Emilia Romagna due to local flooding has impacted...
2y ago from Pitpass.com

How to watch the F1 Belgian Grand Prix sprint race...

This is how to watch the F1 Belgian Grand Prix on July...
2y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...

Popular On GunnersToday.com

“Would absolutely batter them” - Micah Richards...

Pundit Micah Richards has predicted the outcome of a potential meeting...
49m ago from SportsKeeda.com

The build-up begins …

Morning all. A quick, early blog for you. Later Mikel Arteta will have his...
29m ago from Arseblog.com

Premier League and Carabao Cup: things to look out for...

r Thiago looms over Leeds, Newcastle need to bounce back from Barça and...
6h ago from TheGuardian.com

“It’s going to get spicy” - Agbonlahor predicts...

Former Aston Villa striker Gabriel Agbonlahor has predicted Arsenal to...
8m ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.