Formula 1 Revenues: Motor racing-Formula One revenues dropped by 43% in 2020, reports $386 million loss

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Sports Business – Formula 1 Revenues take a big hit: Formula One’s revenues took an $877 million hit last year, falling 43% as a result of the COVID-19 pandemic, owners Liberty Media reported on Friday. Revenues amounted to $1.145 billion compared to a previous $2.022 billion in a year that featured 17 races, mostly without […]

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