News Details
F1 suffers 84% revenue drop in Q1 due to pandemic!
The Formula One Group's revenue in the first quarter of 2020 predictably suffered a huge drop on the back of the coronavirus pandemic. Liberty Media revealed on Thursday the sport's numbers for the January/March period, which saw F1's revenue plummet 84% from $246 million in 2019 to a meager $39 million that were generated in the first three months of the year. The sport's disrupted season which has so far led to the cancellation or postponement of ten rounds of the F1 world championship has wreaked havoc on race fees, broadcast contracts and sponsorship revenue. Midfield teams' chances of winning boosted by new prize fund - Brawn Revenue from the three segments fell 93% from $198 million...
Full Story »
Full Story »
You May Also Be Interested In...
Formula 1 sees huge drop of 84 percent in revenue due...
The coronavirus strikes like a bomb in many sectors and that also applies...
5y ago from GPBlog.com
Formula 1 reports huge income drop in Q1
The true effect of the global health crisis on Formula 1 is beginning to...
5y ago from PlanetF1.com
Formula 1 hit by $200m loss of revenue
Liberty Media have revealed that Formula 1 lost over $200 million of...
5y ago from GPFans.com
F1 revenue loss hitting Ferrari in the “harshest...
Ferrari CEO Louis Camilleri says Formula 1’s “drastic” loss of...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2h ago from MotorsportWeek.c...
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
1d ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss Thai GP, Gresini names...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
56m ago from Motorsport.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
46m ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry Neuville labels WRC struggles the “hardest...
No description available...
2h ago from Motorsport.com
WRC Sweden: Elfyn Evans leads as Oliver Solberg drops...
No description available...
4h ago from Motorsport.com
Dacia announces exit from Rally-Raid, rules out 2027...
No description available...
1d ago from Motorsport.com
WRC Sweden: Oliver Solberg sets the pace to grab early...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
“Astonishing” attacker on Arsenal and Chelsea...
Atletico Madrid striker Julian Alvarez is a target for Arsenal and Chelsea...
1h ago from CaughtOffside.com
Andrea Berta already working on exciting Arsenal...
Arsenal sporting director Andrea Berta has reportedly already requested...
2h ago from CaughtOffside.com
Possible boost for Arsenal as Manchester City star...
Manchester City midfielder Rodri has been charged by the Football...
2h ago from CaughtOffside.com
Arsenal identify 20-year-old Serie A forward as...
Arsenal have identified Inter Milan striker Pio Esposito as a target for...
2h ago from SportsKeeda.com
Comments
Hottest News
F1: Test Times: Bahrain 13-02
Today's times from Manama, the final day of the... Read More »
56m ago from Pitpass.com
F1 2026 – Bahrain test Day 3 live
It's the third and final day of running of the... Read More »
9h ago from MotorsportWeek.com
Crisis at Aston Martin? 'The gloves are off' as Alonso...
Two-time F1 champion Fernando Alonso has cut an... Read More »
6h ago from GPFans.com
