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 »
6y 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...
6y 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...
6y 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...
6y ago from F1i.com
Three McLaren team members treated after garage fire
Three McLaren team members were taken to the medical centre for treatment...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
1d ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
7h ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1d ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
2d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
12h ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
12h ago from MotorsportWeek.c...
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
1d ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“As long as he starts, our chances of winning are...
Arsenal fans are questioning Mikel Arteta's decision to start Marin...
1h ago from SportsKeeda.com
Arsenal boss Mikel Arteta makes feelings clear about...
Arsenal boss Mikel Arteta has shared his thoughts on Lionel Messi voting...
2h ago from SportsKeeda.com
Everton v Arsenal – live blog
Join us for live blog coverage of our Premier League game away to Everton,...
2h ago from Arseblog.com
Comments
Hottest News
F1: Mercedes and Red Bull power units under scrutiny
Barely has the current season ended than two... Read More »
5h ago from Pitpass.com
Daniel Ricciardo's issues 'important announcement' for new...
Former F1 driver Daniel Ricciardo has announced... Read More »
1h ago from GPFans.com
Piastri beats Norris in off-track battle as F1 star goes...
F1 star Valtteri Bottas went undercover at an... Read More »
45m ago from GPFans.com
