News Details
F1 team prize money takes $50m dip in 2017
Photo by: www.kymilman.com/F1 Autosport's leading sentence is, 'The 10 Formula 1 teams collectively received $47million less than the previous year during the first season of Liberty ownership' and we've discussed this at length during several of our podcasts before. The increase in FOM staff, new offices, London Live event added to costs. Additionally, CEO Chase Carey's desire to engage in more marketing events, fan outreach, and a new F1 TV service intended to increase F1's appeal and gain new viewers has been a cause of the increase also. Chase said: 'We've settled into our new London headquarters,' he said on Thursday. 'With headcount currently around 120, expecting to settle around...
Full Story »
Full Story »
7y ago from TheParcFerme.com
0
You May Also Be Interested In...
F1 prize money drops by £35m in 2017
The first year of F1 under its new ownership saw prize money fall by £35m
7y ago from Pitpass.com
F1 income drop impacts teams to the tune of $47m
Formula One suffered a decrease in its earnings in 2017 which has led to...
7y ago from F1i.com
Live timing from the second day of F1 pre-season...
Catch up on all F1 news, here at Motorsport Week RSS Feed!<p>Follow...
7y ago from MotorsportWeek.com
Live timing from the third day of F1 pre-season testing
Catch up on all F1 news, here at Motorsport Week RSS Feed!<p>Follow...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
2h ago from Motorsport.com
KTM and Tech3 unveil 2026 MotoGP challengers
KTM and its sister team Tech3 have officially launched its 2026...
6h ago from MotorsportWeek.c...
KTM and Tech3 unveil 2026 MotoGP bikes in joint launch
No description available...
6h ago from Motorsport.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
15h ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
19h ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
4d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
More than 10 tuners interested in joining WRC under...
No description available...
1d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
1d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
2d ago from MotorsportWeek.c...
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal chose well when they sent Ethan Nwaneri on...
liam Saliba became a leader during his time in France. Arsenal are hoping...
2h ago from TheGuardian.com
David Squires on … Manchester United giving Arsenal...
No description available...
2h ago from TheGuardian.com
“The most fragile I’ve ever seen them” - Phil...
Phil Jones was unimpressed with the performances of Arsenal duo Gabriel...
4h ago from SportsKeeda.com
Some Tuesday thoughts and pictures and stuff …
Morning all. I have some thoughts about stuff today. Here they are in...
7h ago from Arseblog.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2
The second day of on-track action for F1 in 2026... Read More »
7h ago from RacingNews365.com
Lewis Hamilton looks on as Charles Leclerc gives new...
The SF-26 has been able to stretch its legs at... Read More »
32m ago from RacingNews365.com
F1 testing: Fake cars, dirty tricks and why you shouldn't...
It's that time of year again, when F1 pre-season... Read More »
5h ago from GPFans.com
