News Details
F1 runs huge loss in third quarter
The financial situation of Formula 1 in the period June to September is had been made public. There has been a loss of around $104 million, Motorsport.com reports. The loss is largely attributed to the mandatory coronavirus related adjustments, which meant that many races had to be held without an audience. Also, with many media channels, the price for broadcasting the races was reconsidered. Read more Carey: 'We will publish the provisional calendar in the coming weeks' This financial blow has fallen despite the fact that out of the seventeen planned races, ten were held. Last year in the same period, a profit of around $32 million was made. The financial results for the...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
F1 posts $104m quarterly loss as COVID weighs on...
The Formula One Group posted a $104 million loss for its third quarter of...
5y ago from F1i.com
Ferrari profits up despite drop in revenue amid
Luxury sportscar maker and legendary Formula 1 racing team Ferrari on...
5y ago from GrandPrix247.com
Formula 1 posts $104m loss for Q3, but income starts...
Formula 1 has reported a $104 million loss for the third quarter (July to...
5y ago from MotorsportWeek.com
F1 Teams Agree $30 Million Driver Salary Cap
On Monday, all F1 team bosses met virtually at the F1 Commission to vote...
5y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Should there be a tear-off rule following Marco...
No description available...
1d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
1d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
1d ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
4h ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
2d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
3d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
2d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
3d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
“It’s a different thing being a contender than...
Former Premier League manager Sean Dyche has provided an explanation as to...
1h ago from SportsKeeda.com
Man United lead Arsenal in the race for 50m-rated...
Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
6h ago from CaughtOffside.com
“Ethan has to respond” - Arsenal boss Arteta makes...
Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
5h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton has just been handed keys to 8th F1 title
The excuses have to stop. Ferrari have given... Read More »
33m ago from GPFans.com
McLaren target further 'exploitation' after placing Miami...
It was arguably McLaren's best day of the new F1... Read More »
1h ago from RacingNews365.com
Aston Martin hit new low over Miami Grand Prix upgrades
On today's episode of 'Can Aston Martin Sink Any... Read More »
2h ago from GPFans.com
