News Details
F1 posts $877m revenue drop for 2020, team payments slashed
Formula 1 owners Liberty Media have revealed the severity of 2020 by announcing an $877million drop in revenue for last year. The Formula 1 Group business was heavily impacted by the Covid-19 pandemic which led to the cancellation or postponement of the first 10 grands prix. Article continues under video The season finally managed to get going in early July, and F1 managed to produce a 17-race calendar across 24 weekends over the second half of the year. But the overwhelming majority of those races were behind closed doors, while those that were able to welcome spectators did so on a limited basis. It has resulted in Liberty Media posting a stark set of figures that includes the revenue...
Full Story »
Full Story »
4y ago from GPFans.com
0
You May Also Be Interested In...
Formula One Announces When Drive To Survive Will...
Formula 1 and Netflix have today revealed that the third season of the...
4y ago from Formula1News.co.uk
Formula 1 posts $386m loss, team payments cut by 30%...
Formula 1 has posted a record loss of $386 million as a result of the...
4y ago from MotorsportWeek.com
Perez receives call from Verstappen: "Get to the...
In a video announcing the renewed Red Bull Racing-Interprotección...
4y ago from GPBlog.com
Perez receives call from Verstappen: "Get to the...
In a video announcing the renewed Red Bull Racing-Interprotección...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati reveals the “simple” change introduced to...
No description available...
15h ago from Motorsport.com
Marco Bezzecchi “can’t be completely happy”...
No description available...
13h ago from Motorsport.com
Pedro Acosta: Pecco Bagnaia “a super gentleman”...
No description available...
16h ago from Motorsport.com
Rubbing elbows at 200 mph: See the dramatic dogfight...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing fined $25K, lose championship points...
No description available...
6d ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
6d ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
6d ago from MotorsportWeek.c...
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
16h ago from Motorsport.com
Redemption for Ogier
One year on from losing victory on the final stage of Rally Italia...
16h ago from MotorsportWeek.c...
Sebastien Ogier takes record-breaking WRC Sardinia...
No description available...
19h ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Personal terms agreed, Arsenal want potential...
Arsenal are continuing to work on the transfer of RB Leipzig striker...
1h ago from CaughtOffside.com
Report: Arsenal hold talks over potential 100m signing...
Arsenal have reportedly held talks over a potential transfer move for West...
23m ago from CaughtOffside.com
Real Madrid Transfer News Roundup: Los Blancos...
Real Madrid are looking ahead to the FIFA Club World Cup, which will...
1h ago from SportsKeeda.com
Monday round-up: Zubimendi, Zinchenko, Zebras*
Good morning everyone. A quick Monday blog for you before I had over the...
3h ago from Arseblog.com
Comments
Hottest News
Former Ferrari F1 chief doubles down on criticism of Lewis...
Ex-Ferrari boss Mattia Binotto has doubled down... Read More »
1h ago from MotorsportWeek.com
Max Verstappen ‘excited' to track Aston Martin F1...
Max Verstappen has professed that he is... Read More »
43m ago from MotorsportWeek.com
Canadian Grand Prix facing wildfire threat as official...
An official warning has been issued ahead of... Read More »
23m ago from GPFans.com
