News Details
F1 teams to get $47-million less than Bernie gave them
Liberty Media today released the Fourth Quarter and Year End 2017 Financial Results for Formula 1, revealing the $47-million hit teams will take in income relative to what was dished out at for 2016. Formula 1's income has been on the decline for some years now and this was expected, but the fall in revenue paid to teams from $966-million in 2016 to $919-million last year is the first time they have received less than a previous year. The dip in income can be attributed to one less round in 2017 compared to 2016, plus the departure of UBS and Allianz among other things. Interestingly income fell by a nominal $12-million (less than one percent) from $1796-million in 2016 to $1784-million...
Full Story »
Full Story »
7y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA act on leveling playing field for customer teams
It has long been suspected that the engine manufacturers who run Formula...
7y ago from GrandPrix247.com
Pirelli in-season testing schedule for teams
Pirelli have released a schedule of the in-season Formula 1 tyre testing...
7y ago from GrandPrix247.com
Haas VF18 on track in Barcelona
Haas F1 Team, who surprised all by revealing their 2018 Formula 1 car...
7y ago from GrandPrix247.com
Bacelona Day 2: Snow, rain, cold and silence
< ► > The Formula 1 world woke up to a ‘white'...
7y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha halts Sepang MotoGP running while investigating...
No description available...
2h ago from Motorsport.com
MotoGP Sepang test: Marc Marquez tops Day 1 as Fabio...
No description available...
23h ago from Motorsport.com
Jorge Martin explains post-season surgeries: 'I...
No description available...
16h ago from Motorsport.com
Why KTM riders see encouraging signs after first day...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher adjusting to life in IndyCar as maiden...
No description available...
13h ago from Motorsport.com
Reigning IndyCar champion Alex Palou gets new livery...
Chip Ganassi Racing has revealed a new livery for the #10 entry ahead of...
16h ago from MotorsportWeek.c...
IndyCar legend Dario Franchitti to race NASCAR Truck...
No description available...
17h ago from Motorsport.com
IndyCar, Monumental Sports & Entertainment partner for...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
21h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star Martin Zubimendi provides honest response...
Arsenal star Martin Zubimendi has opened up about his links to Real...
36m ago from SportsKeeda.com
Sources: Liverpool & Arsenal have edge over Real...
Premier League clubs are increasingly shaping the direction of the Kees...
3h ago from CaughtOffside.com
'Might actually be at the bottom of the pile right...
N pundit Steve Nicole has urged Mikel Arteta to drop Viktor Gyokeres from...
6m ago from SportsKeeda.com
Arsenal 1-0 Chelsea: Havertz's late dagger exposes a...
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
Comments
Hottest News
Ocon warns ‘lift-and-coast' in qualifying in '26
Feb.4 Esteban Ocon has acknowledged what many... Read More »
2h ago from OneStopStrategy.com
Who are the 2026 F1 reserve drivers?
Every F1 team appoints reserve drivers to offer... Read More »
36m ago from RacingNews365.com
Williams missed test to be ‘competitive' –...
Feb.4 Williams team boss James Vowles has... Read More »
2h ago from OneStopStrategy.com
