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
Liberty Media reports MotoGP’s revenue and losses...
No description available...
12h ago from Motorsport.com
Johann Zarco: 'Maybe I have a chance' of repeat French...
No description available...
13h ago from Motorsport.com
Marc Marquez on his current Ducati struggles: “I've...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Alex Zanardi: The man whose name is a synonym for...
No description available...
6h ago from Motorsport.com
Conor Daly tops Indy 500 test with 225mph lap on...
No description available...
6h ago from Motorsport.com
How to watch IndyCar 2026 Indy GP: Weekend schedule,...
No description available...
9h ago from Motorsport.com
Graham Rahal “not a fan” of new rule allowing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg grabs Rally Portugal lead as Hyundai...
No description available...
9h ago from Motorsport.com
Why WRC drivers expect Portugal to deliver a rally...
No description available...
17h ago from Motorsport.com
Hyundai brings WRC engine upgrade to Rally Portugal
No description available...
20h ago from Motorsport.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Brazilian defender emerges as a target for Arsenal as...
Brazilian defender Wesley has done quite well for AS Roma, and Arsenal are...
8h ago from CaughtOffside.com
PSG v Arsenal: six factors that could decide the...
ping Ousmane Dembélé quiet will be tough but Mikel Arteta’s side have...
10h ago from TheGuardian.com
Champions League review: a punch for Arteta and are...
teams for the final in Budapest are set. We look at how they got there...
10h ago from TheGuardian.com
Arsenal ready to splash UCL cash on 28-G/A star who is...
Arsenal are reportedly interested in signing the PSG attacker Khvicha...
11h ago from CaughtOffside.com
Comments
Hottest News
Oscar Piastri calls for future F1 changes after 'pretty...
Oscar Piastri was given his first real taste of... Read More »
29m ago from RacingNews365.com
F1MATHS: What does the telemetry reveal about the 2026 F1...
The comparison between Kimi Antonelli’s 2026... Read More »
2h ago from F1Technical.net
Oscar Piastri stunned by brutal Charles Leclerc attack
McLaren F1 star Oscar Piastri's reaction to a... Read More »
7h ago from GPFans.com
