Formula 1
Formula 1’s Q2 revenues increase to $744m
Formula 1 recorded revenues of $744m (€731.6m) during the second quarter of this year as the return of crowds and an uplift in sponsorship and media receipts helped increase its operating income to $65m.
F1 Miami GP generates $350m for local economy, per study
The inaugural Formula 1 Miami Grand Prix in early May pumped nearly $350m (€345m) into the South Florida economy, according to an economic impact report issued by organizers South Florida Motorsports.
F1 extends licensing agreement with The Memento Group
Formula 1 has extended its licensing agreement with The Memento Group (TMG) until 2025
F1 adds two more years to Ferrari Trento deal
Formula 1 has signed an extension to its sponsorship contract with sparkling wine brand Ferrari Trento
Madrid declares interest in Formula 1 hosting
Madrid’s authorities have written to Stefano Domenicali, chief executive and president of Formula 1, declaring the Spanish capital’s interest in staging a round of the motor-racing championship.
Melbourne’s Formula 1 hosting agreement extended to 2035
Formula 1 has agreed a new 10-year hosting deal with its current race promoter in Melbourne, meaning a Grand Prix will take place in the Australian city until at least 2035
Band secures F1 rights extension in Brazil, Claro to distribute F1 TV Pro
Brazilian commercial broadcaster Bandeirantes has agreed a three-season extension to its Formula 1 rights deal
Formula 1 seeking to push forward South African race plans
Formula 1 chief executive and president Stefano Domenicali has travelled to South Africa to hold talks to advance the motor-racing championship’s long-held goal of returning a grand prix to the continent.
China Telecom in advanced talks for Formula 1 rights
A new player looks set to emerge in China's sports media landscape, with giant telco China Telecom in advanced talks to acquire digital rights for Formula 1 motor racing, according to local industry insiders
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F1 opts against replacing Russian Grand Prix
Formula 1 has confirmed today (Wednesday) that its 2022 calendar will feature 22 races after the motorsport series opted not to replace the cancelled Russian Grand Prix
Honda returns as title sponsor of 2022 Japanese GP
Formula 1’s Japanese Grand Prix later this year will be title-sponsored by automotive manufacturer Honda.
Singapore Airlines adds three more years to Singapore GP title sponsorship
Formula 1’s Singapore Grand Prix will continue to carry Singapore Airlines as a title sponsor after the company extended its long-running association with the event.
COTA feeds into US Grand Prix demand with inaugural experiential ticket package offering
Circuit of the Americas is looking to capitalize on the new Formula 1 boom in the United States by offering its first-ever combined premium ticket, travel, hotel and experiential hospitality packages for…
Miami GP draws record 2.6 million viewers on ABC
Bullish viewership totals provide further evidence of new event's appeal
Miami GP draws huge buzz, capacity crowd, and A-list stars
Inaugural F1 event in Florida draws announced attendance of 82,500
United States tops sales on online F1 store for first time
Merchandise activity further signals American rise for motorsports property