News Details
Despite higher revenue, F1 reports loss; less team prize money
Photo by: www.kymillman.com/f1 It is a bit difficult to connect the dots when it comes to Formula 1’s current state of the union. News stories suggesting Liberty Media could be divesting their ownership in part or in full, the discussions over the 2020 regulation changes and Concorde Agreement negotiations and reduced team payouts have all added to a vaporous cloud of hints, allegations and innuendos. The reality is, we only definitively know what the series shares and this week they released their financial report for 2018. It’s not a positive report from my perspective but I’m sure the series has other thoughts and they surely have a deeper understand of their position. Over the...
Full Story »
Full Story »
6y ago from TheParcFerme.com
0
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
Formula 1 suffers $68M loss in 2018 despite revenue...
The Formula One Group grew its revenue in 2018 according to its financial...
6y ago from F1i.com
Toro Rosso and McLaren reach agreement on James Key...
Toro Ross have confirmed they have reached an agreement with...
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
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez dominates to record fifth successive...
Marc Marquez made history for Ducati after dominating the Czech MotoGP...
1h ago from MotorsportWeek.c...
MotoGP Czech GP: Marc Marquez wins at Brno as title...
No description available...
55m ago from Motorsport.com
How three different problems plagued Ducati's Czech GP...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Toronto – Qualifying Results
A knockout qualifying session for the NTT IndyCar Series took place on...
17h ago from MotorsportWeek.c...
Colton Herta takes pole as he aims for IndyCar Toronto...
No description available...
15h ago from Motorsport.com
Colton Herta hauls in IndyCar pole in Toronto
IndyCar completed a busy qualifying session on the streets of Toronto...
17h ago from MotorsportWeek.c...
Andretti tops Team Penske in IndyCar’s second...
IndyCar took to the streets of Toronto on Saturday morning, turning...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
1h ago from MotorsportWeek.c...
WRC Rally Estonia: Oliver Solberg dominates in shock...
No description available...
2h ago from Motorsport.com
WRC: Oliver Solberg still leading after Saturday Rally...
No description available...
18h ago from Motorsport.com
SuperSwede Solberg in command on Rally Estonia
Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...
18h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Manchester United submit big offer to sign player keen...
Manchester United have reportedly overtaken Arsenal in the race to sign...
55m ago from SportsKeeda.com
Arsenal prepare £69 million bid to sign Liverpool...
Arsenal are reportedly preparing a £69 million offer to sign Real Madrid...
2h ago from SportsKeeda.com
Viktor Gyokeres' move to Arsenal at risk of collapse...
Arsenal's reported move for Sporting CP striker Viktor Gyokeres could...
2h ago from SportsKeeda.com
'I know you’re going to be incredible for us' -...
Arsenal midfielder Declan Rice has penned a welcome letter to new signing...
2h ago from SportsKeeda.com
Comments
Hottest News
Jonathan Wheatley reveals moment that triggered Red Bull...
Sauber Team Principal Jonathan Wheatley has... Read More »
35m ago from MotorsportWeek.com
Driver walks away from terrifying fireball crash
A frightening accident took place at the GT World... Read More »
34m ago from RacingNews365.com
Marko: Verstappen ‘free to talk’, but bound until 2028
Amid growing speculation over Max Verstappen’s... Read More »
1h ago from F1i.com
