F1 Business

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 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 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 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 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 sponsor

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

3 years ago

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 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-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 results

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

4 years ago