News Details
F1 revenue crashed 96 per cent during Covid-19 lockdown
Formula 1’s revenues crashed by 96 per cent year-on-year during the 2020 Q2 period, according to figures released by owner Liberty Media on Monday. Due to the Covid-19 pandemic no Formula 1 events were held through the months of April, May or June compared to the seven that took place in the same period in 2019. Revenue during that period was just $24m, compared to the $620m accrued in 2019, while after recording a $14m profit in Q2 2019 that figure tumbled to a $136m loss in 2020. Formula 1’s main revenue streams come from race promotion fees, broadcasting deals, as well as advertising and sponsorship fees. Related Posts Brawn: Hulkenberg should have full-time F1 seat August 10,...
Full Story »
Full Story »
4y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Racing Point '99 per cent sure' Perez will get...
Racing Point says it is “99 per cent sure” that Sergio Perez will be...
4y ago from MotorsportWeek.com
Racing Point hopeful Perez can return in Spain
Racing Point says it is hopeful that Sergio Perez will be able to return...
4y ago from MotorsportWeek.com
Perez' participation dependent on negative COVID test
70th Anniversary Grand Prix – Sergio Perez could be set to return...
4y ago from FormulaSpy.com
Perez set to return for Racing Point after finishing...
Sergio Perez has concluded his quarantine period and is undergoing a...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Lap times revealed from Ducati's Balaton Park test...
No description available...
13h ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
17h ago from MotorsportWeek.c...
What we know about Ducati’s Balaton Park test ahead...
No description available...
19h ago from Motorsport.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou claims FOX’s investment will be...
No description available...
1d ago from Motorsport.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
1d ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
6d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
1d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
2d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
3d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arteta wants to wield a new Arsenal in 2025/26
It was a disappointing 2024/25 Premier League campaign for Arsenal fans...
11h ago from FreshArsenal.com
How did Gyokeres do on his full Arsenal debut? And...
There was a huge roar before kick-off. Arsenal have a new striker, a new...
8h ago from SkySports.com
Viktor Gyökeres labours as Arsenal fall short against...
£64m man makes his home debut in friendly as Mikel Arteta talks about...
9h ago from TheGuardian.com
Serie A giants keeping tabs on Arsenal defender as...
Juventus are reportedly interested in Arsenal defender Jakub Kiwior. The...
10h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton urged to make shock call to stop 'cheating...
If Lewis Hamilton took this decision now, it... Read More »
53m ago from RacingNews365.com
Breaking: Alpine deliver Franco Colapinto medical update...
Franco Colapinto is driving today for Alpine in... Read More »
19h ago from RacingNews365.com
F1 MATHS: Why did ten drivers opt for a single-stop...
The Hungarian Grand Prix ended in a one-two... Read More »
2h ago from F1Technical.net
