News Details
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row according to the latest financial report issued by parent company Liberty Media. Although revenues increased by $44 million to total $1,827m for the 2018 period, the group made an overall loss of $68m, nearly double the $37m loss recorded for 2017. Only a small part of the revenue increase – just $6m – came from so-called 'primary F1 revenue', which accounts for race promotion fees, broadcasting fees, advertising and sponsorship fees. The remaining $38m came from 'other revenue', including 'logistics revenue, digital media and TV production related revenue, increased revenue from various fan...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Fernando Alonso: McLaren role vital in case of F1...
Fernando Alonso says retaining a strong connection with McLaren this year...
6y ago from MotorsportWeek.com
Five questions ahead of F1's final pre-season test
The second and final pre-season Formula 1 test is upon us and it's...
6y ago from MotorsportWeek.com
Perez: Loss of Mexican GP would be major blow to...
Sergio Perez admits the future of the Mexican Grand Prix "isn't...
6y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez had ‘given up’ on Barcelona sprint...
No description available...
3h ago from Motorsport.com
Alex Marquez crashed out of Catalan GP sprint because...
No description available...
4h ago from Motorsport.com
Pecco Bagnaia baffled after risking crashes and still...
No description available...
2h ago from Motorsport.com
MotoGP Catalan GP: Marc Marquez inherits sprint win as...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
3d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
3d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
3d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
6d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
5d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
‘No chance of happening' – Fabrizio Romano...
Reports linking Leandro Trossard with a shock move away from Arsenal have...
7h ago from CaughtOffside.com
Days after signing Ukraine international Zinchenko...
Nottingham Forest owner Evangelos Marinakis has made a controversial point...
3h ago from SportsKeeda.com
Arsenal face risk of Viktor Gyokeres missing games as...
Arsenal face the risk of their star striker Viktor Gyokeres missing games...
4h ago from SportsKeeda.com
Arsenal latest: 'Trossard to stay despite Besiktas...
No description available...
4h ago from SkySports.com
Comments
Hottest News
F1 Qualifying Results: George Russell stuns McLaren with...
Mercedes F1 star George Russell has stunned... Read More »
4h ago from GPFans.com
F1: Italian Grand Prix: Qualifying team notes - Ferrari
Fourth on the grid turned out to be a good place... Read More »
1h ago from Pitpass.com
Max Verstappen lands Mercedes joke after snatching Lewis...
Max Verstappen stole pole position for the... Read More »
2h ago from RacingNews365.com
