News Details
F1 posts $877m revenue drop for 2020, team payments slashed
Formula 1 owners Liberty Media have revealed the severity of 2020 by announcing an $877million drop in revenue for last year. The Formula 1 Group business was heavily impacted by the Covid-19 pandemic which led to the cancellation or postponement of the first 10 grands prix. Article continues under video The season finally managed to get going in early July, and F1 managed to produce a 17-race calendar across 24 weekends over the second half of the year. But the overwhelming majority of those races were behind closed doors, while those that were able to welcome spectators did so on a limited basis. It has resulted in Liberty Media posting a stark set of figures that includes the revenue...
Full Story »
Full Story »
5y ago from GPFans.com
0
You May Also Be Interested In...
Formula One Announces When Drive To Survive Will...
Formula 1 and Netflix have today revealed that the third season of the...
5y ago from Formula1News.co.uk
Formula 1 posts $386m loss, team payments cut by 30%...
Formula 1 has posted a record loss of $386 million as a result of the...
5y ago from MotorsportWeek.com
Perez receives call from Verstappen: "Get to the...
In a video announcing the renewed Red Bull Racing-Interprotección...
5y ago from GPBlog.com
Perez receives call from Verstappen: "Get to the...
In a video announcing the renewed Red Bull Racing-Interprotección...
5y ago from GPBlog.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...
6h ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
8h ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
1d ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
1d ago from MotorsportWeek.c...
Conor Daly set for Indy 500 run with Dreyer & Reinbold...
No description available...
1d ago from Motorsport.com
Winners and losers from an action-packed IndyCar race...
No description available...
2d ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Safari Rally Kenya will be more of a lottery than...
No description available...
7h ago from Motorsport.com
Hankook introduces new WRC tyre at Safari Rally Kenya
No description available...
1d ago from Motorsport.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
2d ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Joao Pedro's former teammate claims he 'wouldn't be...
Chelsea forward Joao Pedro's former teammate, Keinan Davis, has stated...
27m ago from SportsKeeda.com
Paul Merson predicts Chelsea vs Newcastle, Liverpool...
It was unbelievable what happened to the Premier League clubs in the...
1h ago from SportsKeeda.com
Exclusive: Arsenal considering 10 G/A star for...
Arsenal are exploring the market for wingers this summer, and Brentford's...
3h ago from CaughtOffside.com
Champions League review: English teams disappoint,...
six of the Premier League’s last-16 teams have plenty of work to do in...
3h ago from TheGuardian.com
Comments
Hottest News
Fred Vasseur claims 'Ferrari would have won F1 title' if...
Ferrari team principal Fred Vasseur has pointed... Read More »
7h ago from GPFans.com
F1: Chinese Grand Prix: FIA Drivers Press Conference
Today's press conference with Pierre Gasly,... Read More »
1h ago from Pitpass.com
Franco Colapinto & Liam Lawson close call in Melbourne...
A massive start-line crash seems inevitable this... Read More »
1h ago from GrandPrix247.com
