News Details
F1: F1's second quarter finances suffer following Imola cancellation
The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. The cancellation of the race meant that the second quarter featured only 6 races, whereas last year there were 7 races in the same period. Consequently, revenue for the second quarter was $724m, down on 2022's $744m, along with a 2% drop in primary revenue, which includes race promotion revenue, media rights fees and sponsorship fees, and a further 9% drop in other revenue, streams. Payments to the teams was $344m, down 7% on 2022's $368m, though the over profit was up from $49m in 2022 to $52m. 'Primary F1 revenue decreased in the second quarter with...
Full Story »
Full Story »
2y ago from Pitpass.com
0
You May Also Be Interested In...
Spectre of cancellation hangs over Spa GP
Jul.28 The big buzzwords in the Spa-Francorchamps paddock as the Belgian...
2y ago from OneStopStrategy.com
'It's happened again' - Red Bull suffer MORE trophy...
For the second weekend in a row, Red Bull saw a first-place trophy broken...
2y ago from GPFans.com
Alonso praises Aston Martin's ‘dream' first half...
Fernando Alonso has praised Aston Martin after concluding a 'dream' first...
2y ago from MotorsportWeek.com
Hamilton DENIES Verstappen as Red Bull suffer Belgium...
Lewis Hamilton opted to pit late in the Belgian Grand Prix to claim the...
2y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
12h ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
12h ago from Motorsport.com
MotoGP circuit contracts: How long will each race...
No description available...
1d ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
2d 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...
6d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
2d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
3d ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta eyes rising star as next big Arsenal...
Arsenal are hoping to sign the AC Milan defender, Davide Bartesaghi. The...
6h ago from CaughtOffside.com
Barcelona ready to pounce if Arsenal snub £45 million...
Barcelona are looking to improve the defensive unit, and they are keeping...
7h ago from CaughtOffside.com
Wage demand sparks transfer frenzy, Arsenal want...
Juventus attacker Kenan Yildiz continues to be with the move away from the...
8h ago from CaughtOffside.com
Paul Merson predicts Manchester United vs Newcastle,...
Merry Christmas everyone! It's that time of the year in the Premier League...
10h ago from SportsKeeda.com
Comments
Hottest News
F1MATHS: Why will Pirelli revert to five compounds for 2026?
Formula One's sole tyre manufacturer Pirelli is... Read More »
1h ago from F1Technical.net
Fittipaldi reflects on his role at Cadillac
Ahead of its debut season in Formula One,... Read More »
48m ago from F1Technical.net
Carlos Sainz's father speaks out on Ferrari replacing son...
Carlos Sainz's father and two-time World Rally... Read More »
6h ago from GPFans.com
