Payments to Formula One teams slid for the second year in a row in 2018 while the sport's revenues and operating loss grew, annual results ...
LONDON: Payments to Formula One teams slid for the second year in a row in 2018 while the sport's revenues and operating loss grew, annual results published by commercial rights holder Liberty Media showed on Thursday.
Primary Formula One revenue from race promotion fees, broadcasting fees and advertising and sponsorship was stable despite an increase from 20 to 21 races, with other F1 revenue showing 13 percent growth.
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