News Details
F1 posts $877m revenue drop for 2020, team payments slashed
Formula 1 owners Liberty Media have revealed the severity of 2020 by announcing an $877million drop in revenue for last year. The Formula 1 Group business was heavily impacted by the Covid-19 pandemic which led to the cancellation or postponement of the first 10 grands prix. Article continues under video The season finally managed to get going in early July, and F1 managed to produce a 17-race calendar across 24 weekends over the second half of the year. But the overwhelming majority of those races were behind closed doors, while those that were able to welcome spectators did so on a limited basis. It has resulted in Liberty Media posting a stark set of figures that includes the revenue...
Full Story »
Full Story »
4y ago from GPFans.com
0
You May Also Be Interested In...
Formula One Announces When Drive To Survive Will...
Formula 1 and Netflix have today revealed that the third season of the...
4y ago from Formula1News.co.uk
Formula 1 posts $386m loss, team payments cut by 30%...
Formula 1 has posted a record loss of $386 million as a result of the...
4y ago from MotorsportWeek.com
Perez receives call from Verstappen: "Get to the...
In a video announcing the renewed Red Bull Racing-Interprotección...
4y ago from GPBlog.com
Perez receives call from Verstappen: "Get to the...
In a video announcing the renewed Red Bull Racing-Interprotección...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
10h ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
12h ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
1d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
1d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
7h ago from Motorsport.com
Elfyn Evans in charge on Rally Sweden
Ice, sunshine and flat-out driving was the order of the day on Rally...
7h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Liverpool icon Didi Hamann claims he can see Arsenal...
Former Liverpool midfielder Dietmar Hamann believes Bayern Munich can stop...
13h ago from SportsKeeda.com
Sources: Liverpool 'frontrunners' for £95m-rated...
Liverpool are currently looking like the early frontrunners for a...
16h ago from CaughtOffside.com
“Ultimately, I didn’t like him” - Dirk Kuyt...
Former Liverpool forward Dirk Kuyt shared his thoughts on former Reds...
16h ago from SportsKeeda.com
'Already making plans' – Fabrizio Romano drops...
Transfer news expert Fabrizio Romano has provided a major update on the...
18h ago from CaughtOffside.com
Comments
Hottest News
F1MATHS: What mileage reveals about the 2026 F1 field after...
The opening three‑day pre‑season test in... Read More »
1h ago from F1Technical.net
F1MATHS: Mercedes beat Ferrari and McLaren during their...
Mercedes driver Andrea Kimi Antonelli not only... Read More »
31m ago from F1Technical.net
'One more year in hell' for Fernando Alonso as Aston Martin...
With all the talk around the possible retirements... Read More »
5h ago from GPFans.com
