Formula 1 has reported revenues of $501m (€425m) for the second quarter of 2021, a huge increase on 2020 when the motor-racing series’ season was significantly hit by the Covid-19 pandemic.
Commercial free-to-air broadcaster SBT and the Disney media group are set to put in a combined bid for rights to Formula One from 2021 in Brazil, following the recent breakdown of the Rio Motorsports proposal
Liberty Media Acquisition Corporation (LMAC), a newly-formed special purpose acquisition company (SPAC) backed by Formula 1 owner Liberty Media, has filed a registration statement with the Securities and…
The Miami Grand Prix is widely expected to be put on hold until 2022 at the earliest by Formula 1 owners Liberty Media due to the ongoing effects of the global Covid-19 pandemic
Formula 1's revenues bounced back in the third quarter after the motorsport series made a belated start to the 2020 season, but the organization still announced a $115m (€97.4m/£87.6m
Brazil-based motor sports investment business Rio Motorsports has acquired the exclusive broadcast rights to Formula One motor racing for a five-season cycle
Former Ferrari team principal Stefano Domenicali will replace Chase Carey as Formula One's president and chief executive in January, Liberty Media has confirmed
Brazilian commercial broadcaster Globo has started to inform advertisers and broadcast sponsors that it will not show Formula 1 action next season, its has been reported
Formula 1 has announced that all 10 teams have agreed to the new Concorde Agreement, that will take effect next year and run until the end of 2025
Formula 1 motor-racing returned at the weekend after its Covid-19 suspension with a Grand Prix behind closed doors at Austria’s Red Bull Ring.
US-based mass media group Liberty Media has announced an amendment to the term loan and revolving credit facility of certain subsidiaries of Delta Topco, the subsidiary that holds all of its interests …
Formula 1 is reportedly set to reveal plans for an eight-race European leg to commence its 2020 season, with the caveat that this will depend on the Covid-19 situation in the UK
Formula 1 has posted an 84-per-cent year-on-year drop in net profit in the first quarter, at $39m (€36m), down from $246m a year ago.
Formula One Group owner Liberty Media has announced that it has reattributed its stake in Live Nation Entertainment from the sport to its SiriusXM tracking stock in a move that will see $1.5bn (€1.3
Saudi Aramco, one of the world’s biggest oil and gas companies, will pay between $40m (€36.6m) and $45m per year for global partner rights to Formula 1 over 10 years from 2020 to 2029.
Credit rating agency Moody's has downgraded its outlook for the Nasdaq-listed Formula One motor racing series to 'negative' from 'positive'