News Details
F1 posts $68m loss despite increased revenues in 2018
The Formula 1 Group has posted a loss for the second year in a row according to the latest financial report issued by parent company Liberty Media. Although revenues increased by $44 million to total $1,827m for the 2018 period, the group made an overall loss of $68m, nearly double the $37m loss recorded for 2017. Only a small part of the revenue increase – just $6m – came from so-called 'primary F1 revenue', which accounts for race promotion fees, broadcasting fees, advertising and sponsorship fees. The remaining $38m came from 'other revenue', including 'logistics revenue, digital media and TV production related revenue, increased revenue from various fan...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Fernando Alonso: McLaren role vital in case of F1...
Fernando Alonso says retaining a strong connection with McLaren this year...
7y ago from MotorsportWeek.com
Five questions ahead of F1's final pre-season test
The second and final pre-season Formula 1 test is upon us and it's...
7y ago from MotorsportWeek.com
Perez: Loss of Mexican GP would be major blow to...
Sergio Perez admits the future of the Mexican Grand Prix "isn't...
7y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
KTM replaces Maverick Vinales with Pol Espargaro for...
No description available...
12h ago from Motorsport.com
Casey Stoner urges Pedro Acosta to be more patient in...
No description available...
12h ago from Motorsport.com
Exclusive: Guenther Steiner reveals the biggest...
Tech3 team owner Guenther Steiner has offered key insights into how his...
17h ago from MotorsportWeek.c...
"We’d both be world champions" - How Alex...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Freedom 250 Grand Prix extended to full 250-mile race...
No description available...
1d ago from Motorsport.com
Alexander Rossi describes ‘really rewarding’ first...
Alexander Rossi spent much of the day on Saturday shaking down the brand...
3d ago from MotorsportWeek.c...
What we learned inside a first look of IndyCar’s...
No description available...
4d ago from Motorsport.com
Inside IndyCar's IR-28: New images of 2028 chassis
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
'I saw him lie down and pass out' - Julien Ingrassia...
No description available...
13h ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
17h ago from Motorsport.com
Sebastien Ogier plans to contest all remaining WRC...
No description available...
1d ago from Motorsport.com
WRC drivers react to FIA’s landmark new promoter deal
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'This season, it is absolutely wide open' - Chelsea...
Former Chelsea star John Obi Mikel has named champions Arsenal as the team...
5h ago from SportsKeeda.com
'For me, it would be him over Vinicius Jr' - Former...
Former Tottenham Hotspur defender Toby Alderweireld reckons Atletico...
8h ago from SportsKeeda.com
Arsenal ready to break Premier League record to sign...
Arsenal are reportedly set to break Premier League record in an effort to...
10h ago from SportsKeeda.com
Arsenal target Vinícius says Mourinho ‘wants me to...
t;li>‘It has gone very well, getting to know the new coach’Brazil...
9h ago from TheGuardian.com
Comments
Hottest News
Ferrari poach Mercedes F1 star as double signing ramps up...
Ferrari have acquired the signature of a star of... Read More »
9h ago from GPFans.com
F1 star faces calendar nightmare after qualifying for race...
Cadillac F1 star Valtteri Bottas has excelled in... Read More »
5h ago from GPFans.com
Max Verstappen signs for Mercedes as F1 insider predicts...
Four-time F1 champion Max Verstappen is... Read More »
7h ago from GPFans.com
