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 »
6mo ago from 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...
6mo ago from

Bottas: The Martini partnership is very exciting and...

Bottas: The Martini partnership is very exciting and I’m a big fan of...
6mo ago from

Ecclestone begins search for successor

Formula One supremo Bernie Ecclestone has revealed he is looking for...
6mo ago from

Bribery trial judge accommodates Ecclestone's F1...

Bribery trial judge accommodates Ecclestone's F1 schedule 5 March, 2014...
6mo ago from


comments powered by Disqus

Hottest News

McLaren loses sponsor deal to Ecclestone

McLaren has reportedly suffered yet another... Read More »
3h ago from

Angry Rosberg tells Mercedes to improve

One small problem has cost Nico Rosberg big under... Read More »
2h ago from

Vettel questions timing of Hamilton move

Sebastian Vettel reckons that Lewis Hamilton took... Read More »
2h ago from

Recent News

2014 is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.