News Details
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row according to the latest financial report issued by parent company Liberty Media. Although revenues increased by $44 million to total $1,827m for the 2018 period, the group made an overall loss of $68m, nearly double the $37m loss recorded for 2017. Only a small part of the revenue increase – just $6m – came from so-called 'primary F1 revenue', which accounts for race promotion fees, broadcasting fees, advertising and sponsorship fees. The remaining $38m came from 'other revenue', including 'logistics revenue, digital media and TV production related revenue, increased revenue from various fan...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Fernando Alonso: McLaren role vital in case of F1...
Fernando Alonso says retaining a strong connection with McLaren this year...
6y ago from MotorsportWeek.com
Five questions ahead of F1's final pre-season test
The second and final pre-season Formula 1 test is upon us and it's...
6y ago from MotorsportWeek.com
Perez: Loss of Mexican GP would be major blow to...
Sergio Perez admits the future of the Mexican Grand Prix "isn't...
6y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro out of MotoGP Hungarian GP after...
No description available...
7h ago from Motorsport.com
Francesco Bagnaia will find his championship-winning...
No description available...
8h ago from Motorsport.com
Jack Miller has “options outside of Yamaha” as...
No description available...
6h ago from Motorsport.com
Fabio Quartararo wants to test Yamaha’s V4 MotoGP...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
7h ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
1d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
1d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
7h ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
6d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
It’s taken 14 years and £67.5m, but Eberechi Eze is...
stal Palace forward was released by club aged 13 and rejected by others...
19m ago from TheGuardian.com
Battle with Arsenal for Eberechi Eze was a fight Spurs...
pite working on the transfer all summer Tottenham felt their north London...
19m ago from TheGuardian.com
'This wins Arsenal the Premier League' - Pundit makes...
Gabriel Agbonlahor has backed Arsenal to win the Premier League title...
4h ago from SportsKeeda.com
Football transfer rumours: Kostas Tsimikas to...
No description available...
19m ago from TheGuardian.com
Comments
Hottest News
Stroll stays as Alonso tipped for shock Aston Martin exit
Former F1 star Johnny Herbert has tipped Aston... Read More »
4h ago from GPFans.com
Carlos Sainz stages 'rescue' in summer break incident
F1 star Carlos Sainz has carried out an unusual... Read More »
1h ago from GPFans.com
Lewis Hamilton handed 'demolished' verdict as F1 team...
Check out the biggest stories of the day with the... Read More »
1h ago from RacingNews365.com
