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Financial: Liberty Media announce their latest financial report
The cancellation of the Emilia Romagna Grand Prix meant that the sport has recorded a minus sign in the revenue and earnings columns in the second quarter of 2023 according to the financial statements published by Liberty Media. After the sport completed the first 12 races of the 2023 F1 season, Formula One’s Commercial Rights Holder Liberty Media have revealed their financial report on the second quarter of the 2023 season. This period saw F1 achieve encouraging commercial results on various fronts. The second quarter of the 2023 season saw Formula One announce a 24-race calendar for 2024 with increased geographic efficiency in support of F1’s sustainability objectives. Moreover, this...
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