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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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Did F1 TV increase media rights revenues in 2022?
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How much money did F1 make in 2021?
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
May 9, 2024 · Formula One’s owners Liberty Media said that the additional race, as well as increased fees from new and existing partners, played a key role in driving growth for its primary revenue...
Feb 28, 2024 · F1 owners Liberty Media have reported a huge income and profit hike for the sport in 2023, with Formula 1 earning $3.22billion [£2.55bn].
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.
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
Nov 9, 2023 · Liberty Media, who holds the exclusive commercial rights to the FIA Formula One World Championship, have supposedly enjoyed an increased revenue from the sport in 2023.
Mar 1, 2023 · Primary F1 revenue represents the majority of F1’s revenue and is derived from (i) race promotion revenue, (ii) media rights fees and (iii) sponsorship fees. For the year ended December 31, 2022, these revenue streams comprised 28.6%, 36.4% and 16.9%, respectively, of total F1 revenue.
