Formula 1’s first-quarter revenues rise to $381m

Sergio Perez during the Azerbaijan Grand Prix at Baku City Circuit (Photo by Michael Potts/BSR Agency/Getty Images)
Sergio Perez during the Azerbaijan Grand Prix at Baku City Circuit (Photo by Michael Potts/BSR Agency/Getty Images)

Liberty Media-owned motorsport series Formula 1 posted revenues of $381m (€419m) for the first quarter of 2023, a slight increase on the $360m it generated for the same period in 2022.

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