News Details
Ferrari’s 2020 F1 loss ‘in the high tens of millions’
Ferrari’s CEO Louis Camilleri says its loss of revenue from Formula 1’s delayed and abbreviated 2020 season will be “in the high tens of millions” as it released its Q2 earnings. Ferrari’s net revenue for the Q2 period in 2020, encompassing April through June, was 571m, down from 984m on the same spell 12 months ago. Of that its ‘Sponsorship, Commercial and Brand revenues’, in which its Formula 1 activities are counted – as well as museum and in-store traffic – were down to 83m from a 2019 figure of 131m. Formula 1 teams are set to receive less prize money this year on account of fewer grands prix taking place and Camilleri put a loose figure on the expected hit....
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Marko: If Pink Mercedes is approved, we can do the...
AlphaTauri could follow in the footsteps of Racing Point by producing a...
5y ago from GrandPrix247.com
"Confirmation Vettel's transfer to Racing Point...
One week it seems to be possible, the next week it's not. Is there room...
5y ago from GPBlog.com
Stroll takes charge in FP2 as Albon suffers high-speed...
Racing Point's Lance Stroll topped Friday's second practice session for...
5y ago from F1i.com
Hamilton eyes F1 stay through at least 2023
World Champion Lewis Hamilton says he wants to remain in Formula 1...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
2026 MotoGP Buriram Test: Schedule, entry list and how...
No description available...
8h ago from Motorsport.com
Trackhouse boss suggests crucial change to MotoGP...
No description available...
10h ago from Motorsport.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
14h ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
10h ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
1d ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Mikel Arteta fires back at ‘bottlers' tag as...
Arsenal are fighting for the Premier League title, but they have been...
4h ago from CaughtOffside.com
Mikel Arteta rules out ‘bottlers’ jibe but accepts...
t;li>‘It’s not part of my vocabulary. I wouldn’t use that...
4h ago from TheGuardian.com
Man United accelerate move for 'generational' talent,...
Manchester United are hoping to sign the Brazilian attacker Gabriel...
6h ago from CaughtOffside.com
Liverpool join Arsenal in race for 23-year-old...
Arsenal and Liverpool are interested in signing the PSG attacker Bradley...
6h ago from CaughtOffside.com
Comments
Hottest News
F1 star jetted off from testing just 12 MINUTES after their...
A Sky Sports F1 star has revealed a hilarious... Read More »
9h ago from GPFans.com
F1 predicted running order for 2026: Who is on top of the...
With six days of testing in Bahrain now complete,... Read More »
1h ago from espnF1.com
F1 2026 Bahrain pre-season 2nd Test - Day 3 full results
Check out the full results from the third day of... Read More »
10h ago from RacingNews365.com
