Formula 1 Faces $28 Million Loss Amid Calendar Changes
In a significant downturn, Formula 1 has reported a $28 million operating loss for the first quarter of 2025, a sharp decline from the previous year's $136 million profit. The drop in revenue is primarily attributed to a shift in the race calendar, with fewer events taking place during the quarter.
Our Take:
The staggering financial loss underscores the critical importance of the race calendar in Formula 1's business model. As the sport continues to evolve, it must find a way to maintain a consistent schedule that maximizes fan engagement and revenue, ensuring that both teams and sponsors are equally invested in its success.
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Curated by F1Briefing.com
Source: Paul Velasco