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- According to autoracing1.com, the numbers point towards a massive growth of over $100 million between 2022 and 2023 as the revenue grew from $715 million to $887 million between the two consecutive years.
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May 27, 2023 · Accounts for Formula One Digital Media, the entity that houses F1 TV, reveal that the service made more than $47mn in revenues in 2021. That was an increase of nearly 150 per cent on the $19mn...
- Samuel Agini
Aug 5, 2022 · Budapest, July 2022. “Race promotion revenue increased due to higher fees generated from the different mix of events held and contractual increases in fees,” Liberty Media report. “Media rights...
- Jamie Woodhouse
Liberty Media CEO Greg Maffei believes that Formula 1 can boost its broadcast revenue in the future thanks to interest from major digital players leading to a bidding war
Aug 4, 2023 · Formula One Digital Media, the entity responsible for F1 TV, reported impressive revenues of over $47 million in 2021 — an astonishing 150 percent increase from the previous year. Subscriptions...
May 9, 2024 · Formula 1 has reported a remarkable 45% increase in revenue for the first quarter of 2024 compared to the same period in 2023.
Dec 16, 2022 · Formula One Group, meanwhile, launched their own streaming platform: F1 TV. Liberty Media's objective was to attract a new audience through ESPN's convenient offer. This partnership proved to be particularly lucrative, as in the 2021 season, the US Formula One Group saw a 58 per cent increase in cumulative audience over the previous year.
