News Details
F1 posts $104m quarterly loss as COVID weighs on results
The Formula One Group posted a $104 million loss for its third quarter of 2020 as results were impacted once again by the global coronavirus pandemic. F1's disrupted season got underway in July at the start of its fiscal Q3, with ten races unfolding during the three-month period. But closed gates at all events, with the exception of the Russian GP where a limited number of fans were in attendance implied, and special deals agreed with promoters to facilitate events in Europe led to a drop in revenue of $36m for Q3 relative to the same period in 2019. However, the additional number of events that took place between the start of July and the end of September generated an increase in...
Full Story »
Full Story »
You May Also Be Interested In...
Ferrari profits up despite drop in revenue amid
Luxury sportscar maker and legendary Formula 1 racing team Ferrari on...
5y ago from GrandPrix247.com
Could Hamilton really walk away from F1?
Speaking on Sunday evening after winning the Emilia Romagna Grand Prix,...
5y ago from espnF1.com
Will Hamilton really walk away from F1?
Speaking on Sunday evening after winning the Emilia Romagna Grand Prix,...
5y ago from espnF1.com
Stick with Albon, twist with Perez? Weighing up Red...
For the past two years, the Red Bull drive alongside Max Verstappen has...
5y ago from espnF1.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac becomes first MotoGP team to reveal 2026 livery
No description available...
11h ago from Motorsport.com
Pramac Yamaha unveils 2026 MotoGP livery
Pramac Yamaha has officially unveiled its striking new livery on the...
11h ago from MotorsportWeek.c...
Jack Miller: Yamaha are ‘busting their arses' on...
Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...
15h ago from MotorsportWeek.c...
‘Super talented’ MotoGP rookie Diogo Moreira...
Pedro Acosta believes “super talented” rookie Diogo Moreira has the...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Escotto confirmed by Juncos Hollinger Racing for 2026...
No description available...
12h ago from Motorsport.com
Ranking IndyCar’s rising stars to watch in 2026
No description available...
3d ago from Motorsport.com
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
5d ago from MotorsportWeek.c...
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dakar 2026, Stage 9: Ford takes 1-2 in overall...
No description available...
18h ago from Motorsport.com
How Elfyn Evans plans to finally achieve rallying’s...
No description available...
17h ago from Motorsport.com
How did WRC champion Kalle Rovanpera’s single-seater...
No description available...
1d ago from Motorsport.com
Naturally-aspirated V8: What Ford is doing differently...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'I don't think I used that word…' – Arteta...
Arsenal manager Mikel Arteta has denied ever saying that Gunners forward...
7h ago from CaughtOffside.com
Arteta rues Arsenal’s injury list before Carabao Cup...
t;li>Manager hopes to find ‘solution’ to defensive problemsSaliba...
7h ago from TheGuardian.com
'He’s had a bit more of a difficult time this...
Former Premier League striker Darren Bent is worried about Arsenal star...
9h ago from SportsKeeda.com
Every word of Mikel Arteta's pre-Chelsea vs Arsenal...
Arsenal manager Mikel Arteta gave his press conference ahead of the...
14h ago from CaughtOffside.com
Comments
Hottest News
McLaren make 'years to come' Oscar Piastri prediction
McLaren CEO Zan Brown has no doubt Oscar Piastri... Read More »
37m ago from RacingNews365.com
Adrian Newey takes extreme action after Aston Martin car...
Aston Martin hopes to take a step forward in... Read More »
11h ago from RacingNews365.com
Cadillac pulls the covers off bold monochrome look for F1...
The wait is nearly over, and Cadillac is making... Read More »
14h ago from F1i.com
