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
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott McLaughlin: Arlington “instantly my most...
No description available...
4h ago from Motorsport.com
McLaughlin sets the early pace in IndyCar’s first...
The NTT IndyCar Series took to the track on a brand new street course...
5h ago from MotorsportWeek.c...
IndyCar drivers praise Fast Six qualifying format...
No description available...
6h ago from Motorsport.com
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Why 'you would be faster with...
No description available...
9h ago from Motorsport.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
10h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
11h ago from Motorsport.com
WRC Monte Carlo: Why is the Monaco Circuit stage so...
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Fabian Hurzeler reveals text message he sent Arteta...
Brighton & Hove Albion manager Fabian Hurzeler has revealed that he texted...
4h ago from SportsKeeda.com
Report: London outfit have a deal in place with...
Arsenal midfielder Dan Casey is all set to complete a move to Fulham....
6h ago from CaughtOffside.com
Arsenal & Chelsea in 'very serious' talks to sign...
Atletico Madrid striker Julian Alvarez has been linked with a move away...
7h ago from CaughtOffside.com
Arsenal preparing ‘formal offer' for 48-goal...
Arsenal are very interested in signing Leon Goretzka at the end of the...
7h ago from CaughtOffside.com
Comments
Hottest News
Red Bull driver included in multiple FIA investigations...
Isack Hadjar and Pierre Gasly could be in trouble... Read More »
52m ago from RacingNews365.com
Kimi Antonelli handed heavy penalty after first-lap...
Disaster for Kimi Antonelli in the Chinese Grand... Read More »
22m ago from RacingNews365.com
