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Liberty Media: Formula 1 produced exceptional financial results
Formula 1 owners Liberty Media have reported encouraging figure for the sport as reported in the fourth quarter and year-end 2019 results, a period in which the sport grew on several fronts. The Corporation reported the following attributed to Formula One Group (FWONA): Audience figures increased across TV and digital platforms in 2019 for third consecutive year Cumulative TV viewers up 9% to 1.9 billion Social media followers increased 33% to 24.9 million Aggregate attendance at races grew 2% to 4.2 million in 2019 Average attendance per race weekend increased 2% to over 200,000 2020 season marks F1’s 70th anniversary and begins March 15th in Melbourne From November 1st through January...
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