News Details
Carey: We could use tracks not on the calendar
Formula 1 could race at circuits not on the current calendar as it seeks to rev up a 2020 season stalled by the COVID-19 pandemic and against a backdrop of plunging revenues. The Liberty Media-owned sport reported first quarter revenues of $39 million on Thursday, compared to $246 million in the same period last year, with no races scheduled for Q2 either. The sport recently received a net cash payment of $1.4 billion, however, in an asset switch with Liberty’s Sirius XM to boost liquidity. Chief executive and chairman Chase Carey told analysts on a conference call that he was increasingly confident there would be a 2020 season, with plans to get going in Austria at the beginning of...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Ferrari first quarter results hit by Formula 1's hiatus
Formula 1's disrupted 2020 season which has yet to get underway had an...
5y ago from F1i.com
Camilleri: No Formula 1 a ‘big hit' to Ferrari's...
Formula 1's coronavirus-induced hiatus has almost completely wiped-out...
5y ago from GrandPrix247.com
F1 revenue crashes by 84% in first quarter
As expected, F1 has been hit hard by the ongoing pandemic, with its...
5y ago from Pitpass.com
Formula 1 hit by $200m loss of revenue
Liberty Media have revealed that Formula 1 lost over $200 million of...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Why LCR Honda won’t field injury replacement for...
No description available...
10h ago from Motorsport.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
9h ago from MotorsportWeek.c...
MotoGP to stream free in US on new dedicated 24/7...
No description available...
1d ago from Motorsport.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
2d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
2d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
8h ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
More depth, fewer excuses: Arsenal have nowhere to...
Mikel Arteta was asked this summer what his long-term plans for Arsenal...
1h ago from SkySports.com
Ex-Arsenal man explains why 'gifted player' would be...
Former Arsenal star Theo Walcott has explained why he thinks Eberechi Eze...
9h ago from CaughtOffside.com
'I just feel that the grass isn’t always greener' -...
Former Arsenal forward Theo Walcott has advised Eberechi Eze against a...
8h ago from SportsKeeda.com
'Worst season' – Arsenal star surely leaving as...
Arsenal left-back Oleksandr Zinchenko has claimed that last season was the...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 fans go wild as Ferrari star wears KILT for the first...
F1 star Charles Leclerc has been dubbed 'Bonnie... Read More »
2h ago from GPFans.com
Daniel Ricciardo gives REAL verdict over former team-mate...
Former F1 star Daniel Ricciardo has opened up on... Read More »
3h ago from GPFans.com
Lewis Hamilton lambasted over Ferrari pity party
Seven-time F1 champion Lewis Hamilton has been... Read More »
4h ago from GPFans.com
