F1 Business

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

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…

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

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…

3 years ago
Formula 1 marketing boss Ellie Norman steps downFormula 1 marketing boss Ellie Norman steps down

Formula 1 marketing boss Ellie Norman steps down

Formula 1's head of marketing Ellie Norman has left the sport after four and a half years with the series.…

3 years ago
Formula 1 'firing on all cylinders' on the back of Q3 resultsFormula 1 'firing on all cylinders' on the back of Q3 results

Formula 1 'firing on all cylinders' on the back of Q3 results

Formula 1 chief executive Stefano Domenicali says the sport is "firing on all cylinders", as attest its positive financial results…

3 years ago
Netflix would 'think about' buying F1 if it were for saleNetflix would 'think about' buying F1 if it were for sale

Netflix would 'think about' buying F1 if it were for sale

Netflix's Reed Hastings says the US streaming giant would consider making a bid for F1 if the sport came up…

3 years ago
F1 Sprint Qualifying gets its own lead sponsorF1 Sprint Qualifying gets its own lead sponsor

F1 Sprint Qualifying gets its own lead sponsor

Crypto.com, the fastest growing crypto platform with over 10 million users worldwide, has been contracted as the lead partner for…

4 years ago
Liberty boss: F1 balance sheet 'very strong' despite record lossLiberty boss: F1 balance sheet 'very strong' despite record loss

Liberty boss: F1 balance sheet 'very strong' despite record loss

Liberty Media chief executive Greg Maffei dispelled investors' worries over Formula 1's financial health in the wake of its record…

4 years ago
Haas and Williams reportedly vying for BWT sponsorshipHaas and Williams reportedly vying for BWT sponsorship

Haas and Williams reportedly vying for BWT sponsorship

There might well be a pair of pink cars on F1's grid after all this season, with Haas and Williams…

4 years ago
F1 game developer Codemasters set for $973m buy-outF1 game developer Codemasters set for $973m buy-out

F1 game developer Codemasters set for $973m buy-out

Codemasters, the developer and publisher of Formula 1's official computer game, has received a $973m buy-out offer from leading US…

4 years ago
F1 posts $104m quarterly loss as COVID weighs on resultsF1 posts $104m quarterly loss as COVID weighs on results

F1 posts $104m quarterly loss as COVID weighs on results

The Formula One Group posted a $104 million loss for its third quarter of 2020 as results were impacted once…

4 years ago