News Details
Formula One’s revenues drop by 96 per cent
Formula One revenues crashed by 96 per cent in Q2 2020 compared to the equivalent period of last year according to the latest set of second-quarter results published by Commercial Rights’ Holder Liberty Media. Formula One revenues declined from $620m in Q2 2019 to just $24m in Q2 2020 due to the global coronavirus-induced lockdown period. The primary F1 revenue is comprised of three different sources – race promotion fee, broadcasting fee and advertising and sponsorship fee. Due to the coronavirus pandemic, no racs were held in the months of April, May and June while sevens grands prix took place in the same period in 2019. Due to the lockdown, revenue recognition was limited with no...
Full Story »
Full Story »
5y ago from F1Technical.net
0
You May Also Be Interested In...
McLaren the first team to sign Concorde Agreement
McLaren have become the first team to confirm they have signed the...
5y ago from FormulaSpy.com
McLaren first to confirm it has signed new Concorde...
McLaren has become the first Formula 1 team to publicly confirm that it...
5y ago from MotorsportWeek.com
Ferrari, McLaren and Williams sign new F1 Concorde...
Formula 1's three oldest and historically most successful teams –...
5y ago from GrandPrix247.com
Formula 1 published UPDATED F1 2020 calendar!
With the confirmation of the Turkish Grand Prix followed by two races in...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: Marco Bezzecchi was "on another...
No description available...
14h ago from Motorsport.com
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
21h ago from Motorsport.com
Pedro Acosta praises KTM’s ‘really nice job’...
Pedro Acosta has praised KTM’s off-season development for helping him...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
8h ago from MotorsportWeek.c...
Alex Palou struck “perfection” in St. Petersburg
No description available...
11h ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
18h ago from MotorsportWeek.c...
Newgarden gains 16 positions, finishes seventh in...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
2d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
4d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
‘Exceptional' Arsenal star makes worrying...
Arsenal defender Riccardo Calafiori has spoken openly about a return to...
7h ago from CaughtOffside.com
Brighton & Hove Albion vs Arsenal Prediction and...
Brighton & Hove Albion will host Arsenal at the American Express Stadium...
10h ago from SportsKeeda.com
After scoring goal in win over Chelsea, Jurrien Timber...
Jurrien Timber has said that Arsenal cannot afford to make costly mistakes...
11h ago from SportsKeeda.com
'We can't have the championship decided on corner...
Manchester United legend Peter Schmeichel has called for Premier League...
14h ago from SportsKeeda.com
Comments
Hottest News
Retired F1 legend gets lifetime benefits after driving for...
Being a Ferrari driver seems like one of the most... Read More »
7h ago from GPFans.com
Aston Martin in crisis: Honda woes threaten Melbourne ghost...
A cloud of uncertainty is hanging over the Aston... Read More »
12h ago from F1i.com
Oscar Piastri explains treatment to 'painful' F1 ending
Can Oscar Piastri go one better this year and end... Read More »
18m ago from RacingNews365.com
