News Details
Revealed: CVC's 8.4% take from Formula One
Gracing the latest issue of Motor Sport magazine is a cover story which outlines a plan of how Formula One could change after the departure of its current boss Bernie Ecclestone. It is a fascinating piece and although it contains a significant error it happens to be highly thought-provoking in itself.It is found in one of the key contentions in the article which is that 'F1 generates about $1.5 billion a year, but roughly 40 per cent of that leaves the sport and is taken by the owners.' To understand the flaw in this we first need to analyse the structure of the sport's ownership.F1 has nearly 20 separate owners including the sport's governing body the FIA which has a 1% stake as Pitpass...
Full Story »
Full Story »
10y ago from Pitpass.com
0
You May Also Be Interested In...
No more testing; next stop Melbourne
That’s it now. 12 days’ of pre-season testing have gone in a flash as...
10y ago from F1Zone.net
Bottas: The Martini partnership is very exciting and...
Bottas: The Martini partnership is very exciting and I’m a big fan of...
10y ago from GrandPrix247.com
Ecclestone begins search for successor
Formula One supremo Bernie Ecclestone has revealed he is looking for...
10y ago from SuperSport.com
Bribery trial judge accommodates Ecclestone's F1...
Bribery trial judge accommodates Ecclestone's F1 schedule 5 March, 2014...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pramac's Morbidelli still "missing freedom"...
No description available...
16h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
21h ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
21h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
14h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
1d ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
How WRC Rally1 teams embraced the return of the...
No description available...
15h ago from Motorsport.com
Kenya president pushing for longer WRC Safari Rally
No description available...
13h ago from Motorsport.com
Neuville pips Tänak in Safari opener
FIA World Rally Championship leader Thierry Neuville took a slender...
15h ago from MotorsportWeek.c...
WRC Safari Rally: Neuville edges Tanak to grab early...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
Nwaneri signs a professional contract, now the...
Morning. As we wait for Mikel Arteta's press conference later on, the...
45m ago from Arseblog.com
“They are a step higher than everybody thinks” -...
No description available...
44m ago from SportsKeeda.com
FPL 2023-24: Best Fantasy Team for Gameweek 30 | FPL...
No description available...
1h ago from SportsKeeda.com
Barcelona looking to take advantage of 32-year-old...
There was a time in the not too distant past when Barcelona, one of the...
1h ago from CaughtOffside.com
Comments
Hottest News
Mercedes unsure on Hamilton's ‘catastrophic' F1...
Mercedes Formula 1 Technical Director James... Read More »
55m ago from MotorsportWeek.com
Hamilton and Cullen F1 fairytale COULD happen as clues...
In the world of Formula 1, where key alliances... Read More »
54m ago from GPFans.com
'Woman who was suspended by Red Bull wants to go back to...
The female Red Bull Racing employee currently... Read More »
45m ago from GPBlog.com