News Details
F1 revenue loss hitting Ferrari in the “harshest manner”
Ferrari CEO Louis Camilleri says Formula 1’s “drastic” loss of revenue amid the coronavirus crisis is hurting its finances in “the harshest manner”. The company reported a 30% decrease in income throughout the first quarter of 2020, which has been largely affected by a hiatus to racing due to the ongoing COVID-19 pandemic. The 2020 F1 season is currently on hold with the opening 10 races either postponed or cancelled. Championship officials still hope to stage up to 18 events and are targeting getting the campaign off the ground with a series of behind closed doors races beginning with the Austrian Grand Prix on July 5. And the suspension to racing has hit Ferrari’s finances...
Full Story »
Full Story »
You May Also Be Interested In...
Camilleri: No Formula 1 a ‘big hit' to Ferrari's...
Formula 1's coronavirus-induced hiatus has almost completely wiped-out...
5y ago from GrandPrix247.com
Budget cap will make F1 sustainable, says Ferrari CEO
Though yet to agree on the figure, Ferrari CEO, Louis Camilleri admits...
5y ago from Pitpass.com
Ferrari taking "a big hit" to revenue...
Ferrari CEO Louis Camilleri has confirmed that without Formula 1 the...
5y ago from GPFans.com
Lost F1 income a ‘big hit', says Ferrari, as...
Ferrari’s CEO Louis Camilleri says the lack of Formula 1 action in 2020...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Di Giannantonio secures pole position on...
VR46 Ducati's Fabio Di Giannantonio ended a four-year drought to claim...
3h ago from MotorsportWeek.c...
MotoGP Brazilian GP: Fabio di Giannantonio takes pole...
No description available...
3h ago from Motorsport.com
Huge hole on main straight poses new problem for...
No description available...
2h ago from Motorsport.com
Ai Ogura fastest in final Brazilian MotoGP practice
Trackhouse Racing rider Ai Ogura recorded the fastest time in the final...
4h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
3d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
3d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
9h ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
13h ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
13h ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Man United want 55m 'chaos-maker' with a...
Arsenal and Manchester United are interested in signing the Hoffenheim...
51m ago from CaughtOffside.com
Merson: Cup final could give Arsenal quadruple belief...
Paul Merson has claimed the Carabao Cup final could give Arsenal the...
41m ago from SkySports.com
Pep Guardiola appears to confirm star man will not...
Manchester City boss Pep Guardiola has seemingly confirmed the...
6h ago from SportsKeeda.com
'Their guru is all about fouling the goalkeeper' -...
Graeme Souness has criticized Arsenal's set-piece tactics while also...
8h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey lining up dream Aston Martin takeover with Max...
Aston Martin technical chief Adrian Newey appears... Read More »
1h ago from GPFans.com
F1 News Today: Max Verstappen left laughing as Mercedes...
Four-time F1 champion Max Verstappen has been... Read More »
4h ago from GPFans.com
Former Ferrari F1 chief to make team principal return after...
We're only two races into the 2026 F1 season and... Read More »
2h ago from GPFans.com


























