News Details
F1 team prize money takes $50m dip in 2017
Photo by: www.kymilman.com/F1 Autosport's leading sentence is, 'The 10 Formula 1 teams collectively received $47million less than the previous year during the first season of Liberty ownership' and we've discussed this at length during several of our podcasts before. The increase in FOM staff, new offices, London Live event added to costs. Additionally, CEO Chase Carey's desire to engage in more marketing events, fan outreach, and a new F1 TV service intended to increase F1's appeal and gain new viewers has been a cause of the increase also. Chase said: 'We've settled into our new London headquarters,' he said on Thursday. 'With headcount currently around 120, expecting to settle around...
Full Story »
Full Story »
7y ago from TheParcFerme.com
0
You May Also Be Interested In...
F1 prize money drops by £35m in 2017
The first year of F1 under its new ownership saw prize money fall by £35m
7y ago from Pitpass.com
F1 income drop impacts teams to the tune of $47m
Formula One suffered a decrease in its earnings in 2017 which has led to...
7y ago from F1i.com
Live timing from the second day of F1 pre-season...
Catch up on all F1 news, here at Motorsport Week RSS Feed!<p>Follow...
7y ago from MotorsportWeek.com
Live timing from the third day of F1 pre-season testing
Catch up on all F1 news, here at Motorsport Week RSS Feed!<p>Follow...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
20h ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
20h ago from Motorsport.com
MotoGP circuit contracts: How long will each race...
No description available...
1d ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
6d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
2d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
3d ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Chelsea rival Arsenal & Man Utd for 30m wonderkid...
Chelsea are reportedly showing an interest in highly-rated Rennes...
2h ago from CaughtOffside.com
Three points, and a little extra, up for grabs against...
Morning all. Arsenal are in Premier League action this afternoon, when...
20m ago from Arseblog.com
Mikel Arteta eyes rising star as next big Arsenal...
Arsenal are hoping to sign the AC Milan defender, Davide Bartesaghi. The...
14h ago from CaughtOffside.com
Wage demand sparks transfer frenzy, Arsenal want...
Juventus attacker Kenan Yildiz continues to be with the move away from the...
16h ago from CaughtOffside.com
Comments
Hottest News
Is Piastri shopping around for a new drive?
Oscar Piastri may be looking for another drive,... Read More »
1h ago from GrandPrix247.com
Williams F1 star tipped to become world champion by racing...
A racing legend has suggested that Carlos Sainz... Read More »
59m ago from GPFans.com
Sauber to stay in F1 despite Audi takeover
Despite Audi's full F1 takeover of Sauber, the... Read More »
1h ago from GPFans.com
