News Details
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row according to the latest financial report issued by parent company Liberty Media. Although revenues increased by $44 million to total $1,827m for the 2018 period, the group made an overall loss of $68m, nearly double the $37m loss recorded for 2017. Only a small part of the revenue increase – just $6m – came from so-called 'primary F1 revenue', which accounts for race promotion fees, broadcasting fees, advertising and sponsorship fees. The remaining $38m came from 'other revenue', including 'logistics revenue, digital media and TV production related revenue, increased revenue from various fan...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Fernando Alonso: McLaren role vital in case of F1...
Fernando Alonso says retaining a strong connection with McLaren this year...
6y ago from MotorsportWeek.com
Five questions ahead of F1's final pre-season test
The second and final pre-season Formula 1 test is upon us and it's...
6y ago from MotorsportWeek.com
Perez: Loss of Mexican GP would be major blow to...
Sergio Perez admits the future of the Mexican Grand Prix "isn't...
7y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Honda stuck at "similar potential" to 2025...
No description available...
13h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
16h ago from Motorsport.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Firestone introducing ENLITEN Technology for 2026...
No description available...
8h ago from Motorsport.com
Barnes: IndyCar officiating is already starting to...
No description available...
1d ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1d ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Watch: Tottenham fans will love what Archie Gray was...
While the 4-1 scoreline in the North London Derby left Tottenham Hotspur...
4h ago from CaughtOffside.com
'As it stands..': Latest on Liverpool move for 100m...
Liverpool have been heavily linked with a move for Yan Diomande in recent...
6h ago from CaughtOffside.com
'I don’t like all that' – Scholes slams...
Arsenal may have secured a dominant 4-1 victory over Tottenham on Sunday,...
7h ago from CaughtOffside.com
'It’s hard to take that out' - Paul Scholes names...
Paul Scholes has said Arsenal midfielder Declan Rice ‘looks too...
10h ago from SportsKeeda.com
Comments
Hottest News
Horner names the true culprits of his Red Bull exit
Christian Horner has offered a revealing look... Read More »
13h ago from F1i.com
F1 Australian Grand Prix Tickets: The full guide to 2026...
The Australian Grand Prix will open the F1 season... Read More »
3h ago from GPFans.com
The moment Daniel Ricciardo knew Red Bull reign was over
Daniel Ricciardo was Red Bull's brightest star... Read More »
5h ago from GPFans.com
