News Details
F1 Q2 revenue drops from $620m to $24m due to COVID-19
Formula 1’s revenue for the second quarter of the financial year has dropped from $620million in 2019 to just $24m this year due to COVID-19. The impact of the global pandemic led to F1 having to delay the start of its season, and the postponement or cancellation of several races. The 2020 season finally got underway behind closed doors on July 3 in Austria, meaning there were no events held in the second quarter of this year compared to seven races in the same period last year. Presented by As a result, revenue was significantly down in the latest Liberty Media financial results, “with recognized primary F1 revenue in the period consisting only of the elements of sponsorship...
Full Story »
Full Story »
You May Also Be Interested In...
Formula 1 quarterly revenue tumbles, hit by COVID-19
Formula 1 saw its second quarter 2020 revenue crash by 96 percent...
4y ago from F1i.com
Ferrari F1 revenue takes massive hit amid COVID-19...
Ferrari unsurprisingly announced on Monday a decline in its financials...
5y ago from F1i.com
F1 revenue crashes over 90% in Q2
As expected, the pandemic has seen F1's revenue crash alarmingly, Q2...
4y ago from Pitpass.com
Formula 1 revenue drops by almost $600m in second...
Formula 1 owners Liberty Media has revealed the startling cost of the...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
8h ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
1d ago from Motorsport.com
Why 2026 is the right time for Ducati to field six...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Christian Lundgaard earns IndyCar pole, will start...
Drivers of the NTT IndyCar Series took to Portland International Raceway...
22m ago from MotorsportWeek.c...
Jacob Abel: ‘I would hate if this was my only...
Jacob Abel is one of three rookies in IndyCar this season, and is hopeful...
4h ago from MotorsportWeek.c...
Newgarden among three Chevy-powered drivers taking a...
Three drivers have been handed a grid penalty by IndyCar for using...
2h ago from MotorsportWeek.c...
Colton Herta leads tight field in second IndyCar...
IndyCar took to the Portland International Raceway on Saturday morning,...
3h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
6d ago from MotorsportWeek.c...
Future second Asian/Pacific event behind WRC calendar...
No description available...
4d ago from Motorsport.com
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Gyokeres off the mark as Arsenal end pre-season with...
Viktor Gyokeres scored his first goal for Arsenal as the Gunners finished...
2h ago from SkySports.com
Player ratings: Arsenal 3-0 Athletic Bilbao
Arsenal ended pre-season with a convincing win over La Liga side Athletic...
2h ago from FreshArsenal.com
“Looked better in blue” - Chelsea youngster drops...
Chelsea academy star Heze Grimwade has sent a cheeky message to Noni...
4h ago from SportsKeeda.com
Gyokeres starts again for Arsenal vs Athletic Club...
No description available...
5h ago from SkySports.com
Comments
Hottest News
MotoGP: Marquez and Bagnaia get acquainted with Balaton...
With still a week to go until the action resumes... Read More »
32m ago from F1Technical.net
Lewis Hamilton ranks his disaster Ferrari debut against...
Lewis Hamilton has given a brutal assessment of... Read More »
1h ago from GPFans.com
Mercedes contract announcement takes twist after George...
George Russell is not expecting an announcement... Read More »
4h ago from GPFans.com
