News Details
Formula 1 suffers $68M loss in 2018 despite revenue increase
The Formula One Group grew its revenue in 2018 according to its financial report released on Thursday, but increased expenditures led to an overall loss for the second year in a row. The sport enjoyed a $44 million boost in revenue for the 2018 calendar year, F1 bringing in a total of $1,827m. However, only $6m of the increase was produced by "primary F1 revenue", or revenue derived from race promotion fees, broadcasting fees, advertising and sponsorship fees. The remaining $38m in additional revenue came from various sources such as "logistics revenue, digital media and TV production related revenue, increased revenue from various fan engagement activities and higher spare...
Full Story »
Full Story »
You May Also Be Interested In...
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row...
6y ago from MotorsportWeek.com
Less money for F1 teams as revenue slides further in...
Payments to Formula 1 teams slid for the second year in a row during 2018...
6y ago from GrandPrix247.com
Ferrari remains in command on Day 7 but Red Bull...
Ferrari and Charles Leclerc's morning flyer remained out of reach on...
6y ago from F1i.com
New fascinating F1 docuseries set for Netflix release...
Formula 1 has announced that a new docuseries chronicling the 2018 season...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
13h ago from MotorsportWeek.c...
Fermin Aldeguer remains hospitalised after leg surgery
No description available...
15h ago from Motorsport.com
Max Biaggi: Aprilia 'not scared by any track' after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
2d ago from Motorsport.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
4d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
4d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
10h ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
11h ago from Motorsport.com
Dakar 2026, Stage 8: Toyota scores 1-2 in...
No description available...
15h ago from Motorsport.com
Could time bonuses solve the “yo-yo effect” at the...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Race for Guehi wide open with Man City, Liverpool and...
The race to sign Marc Guehi is wide open and there is not a favourite or a...
8h ago from SkySports.com
FA Cup fourth round draw – live
️ Draw for the last 32 to begin at 6.35pm GMT at Anfield<br>⚽️...
9h ago from TheGuardian.com
Robert Pires claims 26-year-old Arsenal star is now in...
Arsenal legend Robert Pires has heaped praise on Declan Rice, calling him...
11h ago from SportsKeeda.com
Liam Rosenior provides fitness update on Cole Palmer...
Chelsea's head coach, Liam Rosenior, has disclosed that Cole Palmer and...
11h ago from SportsKeeda.com
Comments
Hottest News
Hill and Herbert name their F1 ‘dark horses’ for 2026
Damon Hill and Johnny Herbert believe the 2026... Read More »
11h ago from F1i.com
Ex-Ferrari engineer reveals who is to blame for Lewis...
Former Ferrari F1 engineer Luigi Mazzola has had... Read More »
8h ago from GPFans.com
‘Not everything is going well': Honda makes startling...
Honda Racing's president Koji Watanabe has... Read More »
15h ago from MotorsportWeek.com
