News Details
F1's financial recovery continues
According to the second quarter financial reports, F1 is continuing to show positive signs of recovery in the wake of the pandemic. In the second quarter of 2021 (April - June) revenue was $501m compared to just $24m in the same quarter in 2020. Of course, due to the pandemic there were no races in Q2 2020, while there have been 7 so far in Q2 this year. While the $501m is a positive sign, it is worth noting that in Q2 in 2019, which also featured 7 races, revenue was $620m. The operating loss in Q2 was $43m compared to $136m in 2020, though again, the operating loss in 2019 was just $14m. With no races there were no team payments in Q2 2020, however this year the teams shared $308m,...
Full Story »
Full Story »
4y ago from Pitpass.com
0
You May Also Be Interested In...
Formula 1 extends financial recovery in second quarter
Formula 1 continued its financial recovery in the second quarter of 2021...
4y ago from F1i.com
Formula 1's financial recovery continues in Q2
Formula 1 posted more promising financial figures for the second quarter...
4y ago from PlanetF1.com
Strong revenues show F1's COVID recovery
F1 held seven races in the second quarter of 2021 Liberty Media has...
4y ago from SpeedCafe.com
Esteban Ocon takes first F1 win in high drama...
It was Esteban Ocon who took the victory at the Hungarian Grand Prix,...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia opens new development path in MotoGP with...
No description available...
2h ago from Motorsport.com
Ducati believes new MotoGP upgrades will help it...
Ducati believes its latest Jerez MotoGP test upgrades should help it take...
4h ago from MotorsportWeek.c...
Yamaha’s Jerez MotoGP updates improve rider feeling...
No description available...
3h ago from Motorsport.com
Aprilia stars hail performance jump in Jerez test
No description available...
6h ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly paces Day 1 of Indy 500 Open Test
No description available...
17h ago from Motorsport.com
Rookies take on Indianapolis in open test, Newgarden...
No description available...
19h ago from Motorsport.com
All drivers clear Indy 500 Rookie Orientation...
IndyCar’s two-day test session for the Indianapolis 500 got underway...
21h ago from MotorsportWeek.c...
Arrow McLaren has "no fear" in running all...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
32m ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
4h ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
2d ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'A problem' – Scholes highlights major issue as...
Paul Scholes has hit out at Arsenal midfielder Martin Odegaard for being...
1h ago from CaughtOffside.com
Deal progressing: PSG have 'intensified' efforts to...
Paris Saint-Germain reportedly seem to be making progress on a potential...
3h ago from CaughtOffside.com
Andrea Berta talked Mikel Arteta into Arsenal transfer...
Arsenal director Andrea Berta was reportedly the key driving force behind...
4h ago from CaughtOffside.com
Arsenal eye Premier League-proven 28-G/A star after...
Arsenal are interested in signing the Atletico Madrid striker Julian...
3h ago from CaughtOffside.com
Comments
Hottest News
The potential cancellation threat looming over F1 Miami GP
The 2026 Formula 1 Miami Grand Prix is at risk... Read More »
2h ago from MotorsportWeek.com
The potential threat looming over F1 Miami GP
The 2026 Formula 1 Miami Grand Prix is at risk... Read More »
1h ago from MotorsportWeek.com
F1 star claims Lando Norris interview was designed to catch...
One F1 star has supported Lando Norris after his... Read More »
1h ago from GPFans.com
