F1 Business

Liberty Media seals $4 billion deal to acquire MotoGP

Liberty Media, Formula One’s commercial rights holder, has added MotoGP to its portfolio of sports franchises in a deal valued…

4 weeks ago

Formula 1 reports $172 million Q3 revenue increase

Formula 1 continued to power ahead in the third quarter of 2023, with the sport recording a 24 percent increase…

6 months ago

Formula 1 second quarter revenue hit by Imola cancelation

Formula 1 suffered a slight drop in its revenue for the second quarter of 2023 due to the cancelation of…

9 months ago

Liberty CEO insists F1 sell-off 'not in the cards'

Liberty Media CEO Greg Maffei insists that the company has no interest in offloading the commercial rights to Formula 1.…

11 months ago

Saudi Arabia wealth fund explored $20bn bid for Formula 1

Saudi Arabia's sovereign wealth fund reportedly held talks with Formula 1 last year as it considered a bid to acquire…

1 year ago

Formula 1 quarterly revenue improves again year-over-year

Formula 1 remains in growth mode per its latest financial report, with the sport improving its third quarter 2022 top…

1 year ago

Mercedes F1 co-owner sets sights on Man Utd purchase

Billionaire businessman Sir Jim Ratcliffe says he wants to buy ailing soccer team Manchester United. Ratcliffe already owns French team…

2 years ago

Formula 1 pockets $744m in revenue in second quarter 2022

The Formula One Group announced on Friday that it had generated a healthy $744 million in revenue in the second…

2 years ago

Formula 1 doubles year-over-year revenue in Q1 2022

The Formula One Group doubled its revenue to $360m in the first quarter of 2022 compared to the same period…

2 years ago

Back in the black: Formula 1 reports $92m profit for 2021

The Formula One Group put itself back on to a profitable path in 2021 thanks to a $92 million operating…

2 years ago