News Details
Ferrari first quarter results hit by Formula 1's hiatus
Formula 1's disrupted 2020 season which has yet to get underway had an impact on Ferrari's top and bottom lines during the first three months of the year. Ferrari's Q1 operating profit of 220 million euros - on a revenue of 932 millions euros - was down 5% from a year ago, as an increase in deliveries failed to offset the loss of income generated by the Scuderia following the cancellation of races. As the Italian manufacturer warned of another problematic quarter ahead, it cut its profit forecast for the full year. Overall, Ferrari's sponsorship, commercial and brand revenue, which includes its F1 activities, generated 89 million euros, an amount that was down 30 % from a year ago....
Full Story »
Full Story »
You May Also Be Interested In...
Mercedes expecting 'explosion of creative effort'...
Mercedes technical director James Allison believes the current shutdown...
5y ago from F1i.com
George Russell feels “duty” to entertain fans...
George Russell says he feels a “bit of duty” to provide entertainment...
5y ago from Crash.net
McLaren: Delayed contract talks with drivers 'not a...
McLaren F1 boss Andreas Seidl says that Formula 1's forced hiatus has put...
5y ago from F1i.com
Camilleri: No Formula 1 a ‘big hit' to Ferrari's...
Formula 1's coronavirus-induced hiatus has almost completely wiped-out...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller and Miguel Oliveira to keep sweating over...
No description available...
1h ago from Motorsport.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
1d ago from MotorsportWeek.c...
Why LCR Honda won’t field injury replacement for...
No description available...
1d ago from Motorsport.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
5h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
3d ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
1d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Two clubs in contact to sign Arsenal attacker as...
Arsenal are reportedly facing interest in prolific young talent Dan Casey,...
2h ago from CaughtOffside.com
Paul Merson predicts Manchester United vs Arsenal and...
And we're back! The Premier League returns for what promises to be an...
2h ago from SportsKeeda.com
Eberechi Eze player profile: The star at the centre of...
Crystal Palace star Eberechi Eze has become one of the best players in the...
1h ago from CaughtOffside.com
“You’re not going to win the league with Odegaard...
Arsenal legend Tony Adams has advised the club to appoint Declan Rice as...
3h ago from SportsKeeda.com
Comments
Hottest News
Breaking: Christian Horner officially terminated by Red Bull
Red Bull Racing (and Red Bull Powertrains) has... Read More »
1h ago from RacingNews365.com
Red Bull cuts remaining ties to Christian Horner after...
Red Bull has removed Christian Horner as a... Read More »
45m ago from MotorsportWeek.com
Villeneuve: Cool vegan guy Hamilton shouldn’t be a race...
Juan Pablo Montoya has weighed in on the Lewis... Read More »
1h ago from GrandPrix247.com
