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

    Il y a 6 jours - Par F1i

    The Formula One Group announced on Friday that it had generated a healthy $744 million in revenue in the second quarter of 2022, an approximate 49 per cent increase compared to Q2 2021.
    The sport's finances have been on a steady recovery path since last year after a lean period caused by the global Covid-19 pandemic.
    Formula 1's latest numbers, added to the $360 million produced in the first quarter of 2022, bring Grand Prix racing's six-month revenue to $1.104 billion.
    Looking at the sport's bottom line, operating income clocked in at $49 million for the quarter which compares to a loss...
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