News Details
F1: F1's second quarter finances suffer following Imola cancellation
The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. The cancellation of the race meant that the second quarter featured only 6 races, whereas last year there were 7 races in the same period. Consequently, revenue for the second quarter was $724m, down on 2022's $744m, along with a 2% drop in primary revenue, which includes race promotion revenue, media rights fees and sponsorship fees, and a further 9% drop in other revenue, streams. Payments to the teams was $344m, down 7% on 2022's $368m, though the over profit was up from $49m in 2022 to $52m. 'Primary F1 revenue decreased in the second quarter with...
Full Story »
Full Story »
1y ago from Pitpass.com
0
You May Also Be Interested In...
Spectre of cancellation hangs over Spa GP
Jul.28 The big buzzwords in the Spa-Francorchamps paddock as the Belgian...
1y ago from OneStopStrategy.com
'It's happened again' - Red Bull suffer MORE trophy...
For the second weekend in a row, Red Bull saw a first-place trophy broken...
1y ago from GPFans.com
Alonso praises Aston Martin's ‘dream' first half...
Fernando Alonso has praised Aston Martin after concluding a 'dream' first...
1y ago from MotorsportWeek.com
Hamilton DENIES Verstappen as Red Bull suffer Belgium...
Lewis Hamilton opted to pit late in the Belgian Grand Prix to claim the...
1y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
12h ago from Motorsport.com
WorldSBK champion Toprak Razgatlioglu switches to...
After years of speculation, two-time WorldSBK champion Toprak...
14h ago from MotorsportWeek.c...
Pedro Acosta admits fourth at Aragon MotoGP ‘not...
Despite matching his best result of the 2025 MotoGP season, Pedro Acosta...
19h ago from MotorsportWeek.c...
Nicolo Bulega agrees Ducati WorldSBK contract...
Ducati announces Nicolo Bulega has signed new contract which sees him...
18h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
8h ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
15h ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
2d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos suffer...
Real Madrid will kick-start their FIFA Club World Cup campaign with a game...
48m ago from SportsKeeda.com
'It appears' Arsenal are set to finalise 'fantastic'...
Arsenal appear set to complete the signing of Chelsea goalkeeper Kepa...
8h ago from CaughtOffside.com
New: Arsenal ready to walk away from Sesko talks,...
Arsenal have set a deadline for the Benjamin Sesko transfer negotiations...
9h ago from CaughtOffside.com
Arsenal column: What's holding up Benjamin Sesko...
Benjamin Sesko signs are positive, but it's not done yet Another week has...
10h ago from CaughtOffside.com
Comments
Hottest News
Ford issue major hint over F1 future
Ford is preparing to join the F1 grid next year... Read More »
58m ago from RacingNews365.com
Mercedes reveal how stiffer front wing affect aerodynamic...
On the back of the introduction of more severe... Read More »
5h ago from F1Technical.net
Russell says F1 fans would be ‘unhappy' with Raikkonen
Jun.10 Finnish newspapers are not impressed... Read More »
20h ago from OneStopStrategy.com
