Formula One suffered another significant loss compared to the Covid-19 pandemic, but its income has recovered following the delayed start to the 2021 season. Due to the COVID-19 pandemic, the start of the 2020 season was postponed until early July, with certain races cancelled and others rescheduled to later dates. This delay meant that Formula One’s income was practically reduced to non-race revenues in the first two quarters of the season, leading to a huge loss of income compared to 2019. The heavily-revised 2020 calendar consists of 17 events beginning July 5th and ending December 13th. There were ten races held in the third quarter of 2020 compared to seven races in the third...
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