News Details
Ferrari first quarter results hit by Formula 1's hiatus
Formula 1's disrupted 2020 season which has yet to get underway had an impact on Ferrari's top and bottom lines during the first three months of the year. Ferrari's Q1 operating profit of 220 million euros - on a revenue of 932 millions euros - was down 5% from a year ago, as an increase in deliveries failed to offset the loss of income generated by the Scuderia following the cancellation of races. As the Italian manufacturer warned of another problematic quarter ahead, it cut its profit forecast for the full year. Overall, Ferrari's sponsorship, commercial and brand revenue, which includes its F1 activities, generated 89 million euros, an amount that was down 30 % from a year ago....
Full Story »
Full Story »
You May Also Be Interested In...
Mercedes expecting 'explosion of creative effort'...
Mercedes technical director James Allison believes the current shutdown...
5y ago from F1i.com
George Russell feels “duty” to entertain fans...
George Russell says he feels a “bit of duty” to provide entertainment...
5y ago from Crash.net
McLaren: Delayed contract talks with drivers 'not a...
McLaren F1 boss Andreas Seidl says that Formula 1's forced hiatus has put...
5y ago from F1i.com
Camilleri: No Formula 1 a ‘big hit' to Ferrari's...
Formula 1's coronavirus-induced hiatus has almost completely wiped-out...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Senior Honda MotoGP executive exits as HRC restructure...
No description available...
15h ago from Motorsport.com
All the records Marc Marquez can break in MotoGP 2026
No description available...
18h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
1d ago from Motorsport.com
Honda stuck at "similar potential" to 2025...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
12h ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
11h ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
10h ago from Motorsport.com
Ticket design for 110th Indianapolis 500 unveiled
The ticket design for this upcoming May’s 110th running of the...
12h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
16h ago from Motorsport.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
Popular On GunnersToday.com
Liverpool, Arsenal, Man Utd scouts busy as 18-year-old...
Liverpool, Arsenal and Manchester United are interested in signing the...
7h ago from CaughtOffside.com
Arsenal could renew interest in 250k-a-week 'machine',...
Leon Goretzka continues to be linked with a move away from Bayern Munich...
11h ago from CaughtOffside.com
Pitch Points: Bodø/Glimt give us hope for the future;...
world of soccer throws up no shortage of questions. Today, Graham Ruthven...
10h ago from TheGuardian.com
Martin Odegaard warned his place in starting XI no...
Arsenal’s emphatic 4-1 victory over Tottenham has not only reignited...
21h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Ferrari F1 under threat at Australian GP...
Lewis Hamilton's Ferrari F1 team may have been on... Read More »
7h ago from GPFans.com
Aston Martin handed 'no miracle cure' warning after Honda...
After days of investigation, RacingNews365... Read More »
9h ago from RacingNews365.com
Is Honda really at fault? Adrian Newey could be the real...
The past week has been an unwelcome throwback to... Read More »
17h ago from GPFans.com
