F1 Business

Liberty taking cautious approach to future of live events

F1's commercial rights holder Liberty Media is taking a "step-by-step cautious" approach to the future of live events such as…

6 years ago

Formula 1 signs up energy group Aramco as global partner!

Formula 1 announced on Tuesday a new long-term global sponsorship deal with Saudi Arabian energy group Aramco. The deal will…

6 years ago

F1 back in profit after two years of losses

The Formula One Group has reported a profit of $17 million for 2019, according to financial results posted by Liberty…

6 years ago

Formula 1 says criticism of Pay TV is 'oversimplification'

Formula 1 has been criticized for its switch to a pay TV model which has cost the sport fans and…

6 years ago

Formula 1 says goodbye to Tata as marketing partner

Formula 1 and marketing partner Tata Communications have parted company after eight years working together. The decision to end their…

6 years ago

Formula 1 reports quarterly rise in operating income

Formula 1 reported this week a year-over-year $5m increase of its operating income for the third quarter of 2019 despite…

6 years ago

Formula 1 and Hard Rock Stadium reach Miami GP deal!

The Formula One Group and Hard Rock Stadium have concluded an "agreement in principal" to bring F1 to the streets…

6 years ago

Red Bull: Teams being 'pushed and pulled' over 2021 rules

Formula 1 teams say that they are feeling the strain over future car development as they continue to strive for…

6 years ago

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…

6 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…

7 years ago