News Details
Despite higher revenue, F1 reports loss; less team prize money
Photo by: www.kymillman.com/f1 It is a bit difficult to connect the dots when it comes to Formula 1’s current state of the union. News stories suggesting Liberty Media could be divesting their ownership in part or in full, the discussions over the 2020 regulation changes and Concorde Agreement negotiations and reduced team payouts have all added to a vaporous cloud of hints, allegations and innuendos. The reality is, we only definitively know what the series shares and this week they released their financial report for 2018. It’s not a positive report from my perspective but I’m sure the series has other thoughts and they surely have a deeper understand of their position. Over the...
Full Story »
Full Story »
7y ago from TheParcFerme.com
0
You May Also Be Interested In...
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row...
7y ago from MotorsportWeek.com
Formula 1 suffers $68M loss in 2018 despite revenue...
The Formula One Group grew its revenue in 2018 according to its financial...
7y ago from F1i.com
Toro Rosso and McLaren reach agreement on James Key...
Toro Ross have confirmed they have reached an agreement with...
7y ago from MotorsportWeek.com
Less money for F1 teams as revenue slides further in...
Payments to Formula 1 teams slid for the second year in a row during 2018...
7y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
14h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
15h ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
17h ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
2d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Like a ball of poison’: Mikel Arteta admits to...
t;li>Arteta claims defeat will haunt him for ‘next 30...
6h ago from TheGuardian.com
Mikel Arteta provides fitness update on 3 Arsenal...
Arsenal boss Mikel Arteta has provided a fitness update on Noni Madueke,...
10h ago from SportsKeeda.com
'Really good news' – Mikel Arteta provides...
Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
14h ago from CaughtOffside.com
Southampton vs Arsenal preview: Odegaard and Timber...
No description available...
13h ago from SkySports.com
Comments
Hottest News
FIA approve new race after F1 cancellations
The FIA have announced a change in one of their... Read More »
12h ago from GPFans.com
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
2d ago from GrandPrix247.com
Lewis Hamilton team-mate left laughing after F1 rival...
This doesn't count under the cost cap, right? Read More »
7h ago from GPFans.com
