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 »
7y 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...
7y 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...
7y 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...
7y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
KTM riders say top speed advantage has disappeared in...
No description available...
16h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
20h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Long Beach – Qualifying Results
A slightly modified format was in play for IndyCar’s Long Beach...
7h ago from MotorsportWeek.c...
Felix Rosenqvist hopes Long Beach pole kickstarts...
No description available...
5h ago from Motorsport.com
Felix Rosenqvist beats Pato O’Ward to Long Beach...
No description available...
7h ago from Motorsport.com
Felix Rosenqvist secures IndyCar pole at Long Beach
25 cars rolled out on the historic Long Beach street circuit Saturday...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
European giants eyeing up summer move for Arsenal star...
Ligue 1 giants Paris Saint-Germain (PSG) are reportedly interested in...
56m ago from SportsKeeda.com
Sources: Arsenal and Chelsea could submit 'creative...
Lucas Bergvall is being linked with a move away from Tottenham Hotspur at...
2h ago from CaughtOffside.com
*gulp*
Morning everyone. I was at a party last night and, understandably, a lot...
26m ago from Arseblog.com
Manchester City vs Arsenal: Six things to watch in...
This is the big one – it's Manchester City vs Arsenal at the Etihad...
11h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen Nurburgring Results: NLS 5 Qualifying times...
F1 champion Max Verstappen returns to the... Read More »
1h ago from GPFans.com
Max Verstappen rival has racing licence revoked at...
Stewards from the DMSB had to take decisive... Read More »
56m ago from GPFans.com
Verstappen leads tributes after fatal Nürburgring crash
Max Verstappen led the tributes on a dark day for... Read More »
36m ago from F1i.com
