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Formula 1 cuts their business by 27% and loses 28 million in the first quarter

Formula 1 cuts their business by 27% and loses 28 million in the first quarter
Formula 1 cuts their business by 27% and loses 28 million in the first quarter
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The F1 is dyed red. Formula 1 has decreased its income by 27% in the quarter of 2025, leaving them at 403 million dollars, compared to the 553 million of the same period of the previous . The net has been at 28 million negative dollarsreversing the 136 million benefit of the preceding period.

The automobile competition recognizes in its quarterly presentation of that all items have been affected due to The dispute of a great prize that in the 2024 season. “Two races were held in the first quarter of 2025, compared to three races held in the first quarter of 2024”, reads in the document published by Liberty Media.

He also explains that “primary income decreased in the first quarter with DESCENSES IN THE RIGHTS OF THE MEDIAthe promotion of races and sponsorship promoted by the variation of the compared to the previous year ”.

For its part, Operating expenses were 242 million15% less than in the first quarter of the 2024 season, as well as administrative and sales expenses, which rose to 76 million dollars, almost 30% more than the previous year.

The competition blames the less great prizes dispute in the period to the results

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Stefano Domenicali, CEO of Formula 1, explained that “the fierce competition throughout the grill has generated a captivating action on the track, promoting audience growth on physical and digital platforms. ”

For his part, the CEO of Liberty Media, Derek Chang, has affirmed that “we believe that the income flows, contracted and diversified, of Formula 1 position it well in the macroeconomic and current consumption context” and added that “the foundations of the business remain solid and we trust our ability to generate long -term value.”

Recently, Formula 1 has signed PWC as its consulting partner. This collaboration already began at the Formula 1 Crypto.com Grand Prix of Miami 2025, weekend. As part of the agreement, the consultant will provide strategic consulting to the competition in key areas of its global business to help improve the performance and impulse of sport towards operational excellence.

In Spain, the already takes shape. Last April 22, IFEMA MADRID AND THE UTE CONFORMED BY THE SPANISH CONSTRUCTORA ACCIONA AND THE French Eiffage Construction They signed the contract for the construction of the new Formula 1 circuitwhose works will “immediately.”

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