Ferrari's drop to third place in the constructors' championship last year did not stop the Maranello squad from maintaining its place as Formula 1's top commercial rights earner, Motorsport.com can reveal. At the end of each season, Formula One Management collates revenues from three streams: hosting fees, media rights and other income avenues, such as hospitality and trackside sponsorship. FOM's 2016 turnover is estimated at $1.83bn, with underlying revenues estimated at $1.38bn. It then distributes approximately 68 percent of the underlying revenues among the qualifying teams. That figure of $940m is 3.5 percent down on last year's despite F1 running a record 21-race calendar that should...
Full Story »