News Details
Formula One’s revenues drop by 96 per cent
Formula One revenues crashed by 96 per cent in Q2 2020 compared to the equivalent period of last year according to the latest set of second-quarter results published by Commercial Rights’ Holder Liberty Media. Formula One revenues declined from $620m in Q2 2019 to just $24m in Q2 2020 due to the global coronavirus-induced lockdown period. The primary F1 revenue is comprised of three different sources – race promotion fee, broadcasting fee and advertising and sponsorship fee. Due to the coronavirus pandemic, no racs were held in the months of April, May and June while sevens grands prix took place in the same period in 2019. Due to the lockdown, revenue recognition was limited with no...
Full Story »
Full Story »
4y ago from F1Technical.net
0
You May Also Be Interested In...
McLaren the first team to sign Concorde Agreement
McLaren have become the first team to confirm they have signed the...
4y ago from FormulaSpy.com
McLaren first to confirm it has signed new Concorde...
McLaren has become the first Formula 1 team to publicly confirm that it...
4y ago from MotorsportWeek.com
Ferrari, McLaren and Williams sign new F1 Concorde...
Formula 1's three oldest and historically most successful teams –...
4y ago from GrandPrix247.com
Formula 1 published UPDATED F1 2020 calendar!
With the confirmation of the Turkish Grand Prix followed by two races in...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP leader Marc Marquez 'surprised' by Italian GP...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia "struggling a lot" after...
No description available...
1h ago from Motorsport.com
MotoGP Italian GP: Marc Marquez recovers from shocking...
No description available...
4h 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...
4h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Christian Lundgaard tackles the heat best in second...
Saturday morning was reserved for a second IndyCar practice session on...
1h ago from MotorsportWeek.c...
Kyle Kirkwood blasts to top in IndyCar practice from...
After finishing the season’s first short oval under the lights on...
19h ago from MotorsportWeek.c...
Michael Cannon already strengthening DCR team –...
Rinus VeeKay is already noticing the impact engineer Michael Cannon is...
23h ago from MotorsportWeek.c...
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
2d ago from Motorsport.com
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...
4h 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,...
4h ago from SportsKeeda.com
Arsenal initiate move to sign playmaker regarded as a...
Arsenal are interested in signing the Paris Saint-Germain midfielder...
9h ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos turn...
Real Madrid are putting together final preparations ahead of their...
9h ago from SportsKeeda.com
Comments
Hottest News
Verstappen issues surprising Hamilton take with Abu Dhabi...
Four-time F1 world champion Max Verstappen has... Read More »
1h ago from GPFans.com
How and when Aston Martin will replace BOTH drivers
The ambitious Aston Martin F1 team are hoping to... Read More »
53m ago from GPFans.com
Russell suggests Hamilton may be hurting his own cause at...
George Russell has weighed in on Lewis... Read More »
2h ago from F1i.com
