News Details
F1 revenue in second quarter extremely down
Formula 1 is of course a very expensive sport and a total standstill is immediately visible in the books. The company behind the Formula 1, Liberty Media, published the quarterly figures today and they show a substantial loss. Compared to the second quarter in 2019, the company notes a considerable difference. From 620 back to 24 million In 2019, Formula 1 yielded $620 million in the period from 1 April to 30 June. That will be raised through the circuits that have to pay hosting fees, but also through television rights and other advertising. In the second quarter of 2020, this will drop to a paltry 24 million dollars, according to the press release. Read more Doubts whether Vettel will...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 quarterly revenue tumbles, hit by COVID-19
Formula 1 saw its second quarter 2020 revenue crash by 96 percent...
4y ago from F1i.com
Formula 1 revenue drops by almost $600m in second...
Formula 1 owners Liberty Media has revealed the startling cost of the...
4y ago from GPFans.com
F1 Q2 revenue drops from $620m to $24m due to COVID-19
Formula 1’s revenue for the second quarter of the financial year has...
4y ago from Racer.com
Ferrari F1 revenue takes massive hit amid COVID-19...
Ferrari unsurprisingly announced on Monday a decline in its financials...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Italian GP: Marc Marquez recovers from shocking...
No description available...
1h ago from Motorsport.com
Marc Marquez fights back to take victory in Mugello...
Marc Marquez was forced to fight back from fifth off the starting grid to...
1h ago from MotorsportWeek.c...
Marc Marquez pips Francesco Bagnaia to Mugello MotoGP...
Marc Marquez pipped his factory Ducati team-mate Francesco Bagnaia to...
5h ago from MotorsportWeek.c...
MotoGP Italian GP: Marc Marquez pips Francesco Bagnaia...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood blasts to top in IndyCar practice from...
After finishing the season’s first short oval under the lights on...
17h ago from MotorsportWeek.c...
Michael Cannon already strengthening DCR team –...
Rinus VeeKay is already noticing the impact engineer Michael Cannon is...
21h ago from MotorsportWeek.c...
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
2d ago from Motorsport.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
3d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“At one point we almost had no players” - Jurrien...
Jurrien Timber is expecting a busy transfer window for Arsenal, with the...
2h ago from SportsKeeda.com
Real Madrid ready to put Rodrygo and 3 other first...
Real Madrid are ready to offload Rodrygo Goes, Fran Garcia, Dani Ceballos,...
2h ago from SportsKeeda.com
Arsenal could launch surprise move for 31-year-old...
Arsenal could reportedly launch a move for Brentford midfielder Christian...
6h ago from SportsKeeda.com
Arsenal initiate move to sign playmaker regarded as a...
Arsenal are interested in signing the Paris Saint-Germain midfielder...
7h ago from CaughtOffside.com
Comments
Hottest News
How Canadian GP exposed another ‘hole' in the F1...
The ground effect era of F1 has had its fair... Read More »
6h ago from MotorsportWeek.com
F1 News Today: SHOCK Verstappen team-mate verdict revealed...
Four-time F1 world champion Max Verstappen could... Read More »
1h ago from GPFans.com
Rachel Brookes: All you need to know about the Sky F1...
Sky Sports F1 presenter Rachel Brookes is known... Read More »
2h ago from GPFans.com
