F1 Business

Formula 1 enjoys increase in revenue for second quarter 2019

The Formula One Group reported its results for the second quarter of 2019, indicating an increase in revenue from $585m…

5 years ago

'Huge progress' made to reduce 'unsustainable' F1 spending

McLaren's new team manager Andreas Seidl says that Formula 1 is spending at 'unsustainable' levels and that something must be…

5 years ago

Carey: Two races set to be replaced on 2020 F1 calendar

Formula 1 CEO Chase Carey has confirmed that next year's calendar shall once again include 21 races, two of which…

5 years ago

Saudi Arabia woos Formula 1 with big buck offer!

Saudi Arabia has allegedly made a massive offer to Liberty Media to host an F1 Grand Prix in the city…

5 years ago

City vote puts Miami Grand Prix up for discussion again!

Miami has formally put its planned Formula 1 street race back on the docket, with its City Commission set to…

5 years ago

Brawn: Ferrari recognize that F1 money distribution is 'unfair'

Formula 1 Director of Motorsport Ross Brawn says that Ferrari has acknowledged the need for a more equitable distribution of…

5 years ago

Formula 1 suffers $68m loss in 2018 despite revenue boost

The Formula One Group grew its revenue in 2018 according to its financial report released on Thursday, but increased expenditures…

5 years ago

Middle East broadcaster dumps F1 on piracy concerns

Qatar-based pay-TV broadcaster beIN Sports will not renew its TV rights deal with Formula One, citing piracy issues linked to…

5 years ago

Carey perplexed by 'strange' timing of F1 promoters' criticism

Formula 1 CEO Chase Carey qualified as "strange" last week's public criticism of Liberty Media by F1's promoters which occurred…

5 years ago

Mexican GP promoter breaks rank with FOPA stance

Mexican Grand Prix organisers aren't marching to the tune of the Formula One Promoters Association which criticized the way Liberty…

5 years ago