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Latest F1 news about: Revenue

5

F1 revenue for 2023 up $650m (£513m) on previous year

3 months ago

from: Pitpass.com

( 226 views )

"2023 marked another incredible season for Formula 1," says F1 CEO, Stefano Domenicali as revenue surges by 25%. read more »

15

F1 revenue surges to £2.5bn in 2023 with Las Vegas GP addition

3 months ago

from: MotorSportWeek.com

( 316 views )

Formula 1 has reported a revenue of £2.5bn ($3.2bn) in 2023 following a strong final quarter which generated £950m alone. The impressive 25% revenue boost was buoyed by the... read more »

9

Billion-dollar revenue forecast as F1 set to rock Las Vegas

6 months ago

from: Crash.Net

( 448 views )

Liberty Media bosses predict that F1 will bring more than $1 billion to the local Las Vegas economy from this weekend's money-spinning grand prix. read more »

15

F1 boasts 24 per cent third quarter revenue boost

6 months ago

from: MotorSportWeek.com

( 244 views )

Formula 1 has seen a 24 per cent year-over-year increase in revenue, to the tune of $887 million in the third quarter of 2023. A series of factors impacting the three-month... read more »

5

F1 records $172m rise in revenue in Q3

7 months ago

from: Pitpass.com

( 285 views )

Third quarter figures for 2023 show F1 revenue of $887m (£716m) compared to $715m (£577m) in the same period last year. read more »

1

Ex-Haas F1 sponsor Rich Energy boss Storey trying to buy Reading FC

7 months ago

from: Autosport.com

( 446 views )

The Daily Telegraph reports that Storey must now pass the English Football League's 'fit and proper persons test' before he can complete on Reading, who were... read more »

15

Mercedes F1 generates £89m profit despite 2022 slump

7 months ago

from: MotorSportWeek.com

( 397 views )

Mercedes-Benz Grand Prix Limited saw a turnover of £475m and profits of £89m in 2022 despite failing to claim a Formula 1 title for the first time since 2014. The company’s... read more »

1

Mercedes F1 team earned £474m in 2022

7 months ago

from: Autosport.com

( 362 views )

In essence, the figures represent increased revenue from sponsorship and the F1 prize fund, and are solid proof of how successful top teams can be in the sport's current... read more »

35

F1 suffers financial loss with revenue impacted by disaster

10 months ago

from: GPfans.com

( 445 views )

Formula 1's revenue for the second quarter fell to $141m (£110m), with their funds impacted by the cancellation of the Emilia Romagna Grand Prix. read more »

6

Financial: Liberty Media announce their latest financial report

10 months ago

from: F1Technical.net

( 503 views )

The cancellation of the Emilia Romagna Grand Prix meant that the sport has recorded a minus sign in the revenue and earnings columns in the second quarter of 2023 according to... read more »

35

Revenue report: F1 growth slows as team payments increase

about 1 year ago

from: GPfans.com

( 255 views )

Liberty Media has reported slowed growth in F1 revenue in its Q1 financial report. read more »

3

Formula One team Williams hire UFC's Paul Asencio for commercial side

about 1 year ago

from: EspnF1.com

( 725 views )

Williams have hired Paul Asencio from mixed martial arts company UFC as chief revenue officer overseeing the Formula One team's commercial and marketing operations, they... read more »

1

Williams F1 team hires new commercial boss

about 1 year ago

from: Autosport.com

( 462 views )

Asencio will head up the team's commercial and marketing operations from New York, starting on 10 April, as the squad looks to grow its financial activities following the... read more »

1

How Liberty is "playing long game" to help F1 teams make money

about 1 year ago

from: Autosport.com

( 586 views )

On Wednesday F1 announced increased revenue and profits for 2022, as well as a record overall payment of over $1.1 billion split between the 10 teams.In the early years of... read more »

5

F1 records $2.5bn revenue in 2022

about 1 year ago

from: Pitpass.com

( 311 views )

F1 revenue in 2022 was 20% up on 2021, while team payments were up 8% at $1.15bn (£0.96bn). read more »

1

F1 revenue boosted to $2.5 billion in 2022 amid record fan attendance

about 1 year ago

from: Autosport.com

( 1685 views )

While there was a full 22-race calendar in 2021 there were still some restrictions on attendance in place. But last year, with those finally gone and F1 continuing to benefit... read more »

35

F1 boasts $437m revenue increase amid continued popularity boom

about 1 year ago

from: GPfans.com

( 349 views )

Liberty Media has revealed a $437million F1 revenue increase in 2022 after posting its end-of-year financial report. read more »

35

Ferrari get creative with recruitment to end title woes

about 1 year ago

from: GPfans.com

( 1334 views )

Ferrari have announced that they have hired former AC Milan chief commercial officer Lorenzo Giorgetti as their new chief racing revenue officer. read more »

9

Explained: F1 spends $500m on Vegas race - and plots $500m revenue

about 1 year ago

from: Crash.Net

( 388 views )

F1 are risking a new business strategy with the Las Vegas Grand Prix by spending a fortune to buy the land themselves. read more »

35

Magnussen senses Haas opportunities with money increase

about 1 year ago

from: GPfans.com

( 560 views )

Kevin Magnussen believes Haas can build on the additional revenue due to come the team's way next year following its drive back into the F1 spotlight this season. read more »

5

F1's third-quarter revenue up year on year

about 1 year ago

from: Pitpass.com

( 1078 views )

Revenue for the third quarter of 2022 for the F1 Group is up from $668m (£587m) to $715m (£628m) , according to the latest figures, as sport is no longer impacted by pandemic... read more »

35

F1 enjoys another revenue bump as recovery continues

about 1 year ago

from: GPfans.com

( 493 views )

Formula 1 has enjoyed another significant bump in revenue as the sport continues its ongoing recovery following the lean years of the Covid-19 period. read more »

1

F1 reports increase in quarterly revenue in COVID-19 recovery

about 1 year ago

from: Autosport.com

( 517 views )

However, the change was not as dramatic as in previous quarters because income in the latter part of 2021 was not impacted as dramatically by the pandemic, as last year race... read more »

15

Ecclestone pleads not guilty to £400m fraud charge

about 1 year ago

from: MotorSportWeek.com

( 645 views )

Ex-Formula 1 CEO Bernie Ecclestone has pleaded not guilty to fraud charges worth over $400 million in court. Ecclestone is accused of failing to declare involvement in oversea... read more »

35

Should Andretti be allowed into F1?

about 1 year ago

from: GPfans.com

( 1057 views )

Andretti Global's bid to join the F1 grid from 2024 has been met with opposition from those currently on the grid due to the potential hit a new team could bring to... read more »