Teams paid $47m less by F1 Group in 2017
The trend has been known for some time, but publication of the F1 Group’s fourth quarter results for last year provided the full official picture, with payments to teams falling some five percent from $966m in 2016 to $919m – the first time that team income has gone down.Liberty also revealed that the F1 Group’s overall revenues fell by some $12m from $1,796m to $1,784m.The drop in … Keep reading
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