News Details
F1 revenue crashed 96 per cent during Covid-19 lockdown
Formula 1’s revenues crashed by 96 per cent year-on-year during the 2020 Q2 period, according to figures released by owner Liberty Media on Monday. Due to the Covid-19 pandemic no Formula 1 events were held through the months of April, May or June compared to the seven that took place in the same period in 2019. Revenue during that period was just $24m, compared to the $620m accrued in 2019, while after recording a $14m profit in Q2 2019 that figure tumbled to a $136m loss in 2020. Formula 1’s main revenue streams come from race promotion fees, broadcasting deals, as well as advertising and sponsorship fees. Related Posts Brawn: Hulkenberg should have full-time F1 seat August 10,...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Racing Point '99 per cent sure' Perez will get...
Racing Point says it is “99 per cent sure” that Sergio Perez will be...
5y ago from MotorsportWeek.com
Racing Point hopeful Perez can return in Spain
Racing Point says it is hopeful that Sergio Perez will be able to return...
5y ago from MotorsportWeek.com
Perez' participation dependent on negative COVID test
70th Anniversary Grand Prix – Sergio Perez could be set to return...
5y ago from FormulaSpy.com
Perez set to return for Racing Point after finishing...
Sergio Perez has concluded his quarantine period and is undergoing a...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
12h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
20h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
18h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League officials appear to confirm Arsenal...
Premier League officials have admitted that Arsenal benefited from two key...
7h ago from SportsKeeda.com
Arsenal plot £69m move for 10-goal ace to replace...
Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
9h ago from CaughtOffside.com
Mikel Arteta targets 50m+ La Liga star to supercharge...
Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
10h ago from CaughtOffside.com
Arsenal, Chelsea, and Newcastle eye 70m move for...
Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Max Verstappen furious as George Russell...
Team radio from last weekend's Chinese Grand Prix... Read More »
41m ago from GPFans.com
Norris, Piastri in 'tough moment' - how soon will McLaren...
McLaren boss Andrea Stella says Lando Norris and... Read More »
31m ago from SkySports.com
Max Verstappen receives stern F1 warning: 'You are not...
Has Max Verstappen gone too far with his... Read More »
1h ago from RacingNews365.com
