Having recently announced its second financial report of the year, Formula 1 has reported a 20 growth in total revenue to the end of the second quarter of 2024 from the same period in 2023. Revenue When it comes to the primary F1 revenue, Formula One defines three categories: race promotion revenue, media rights fees and sponsorship fees. When comparing the results with the equivalent period of last year, it is important to note that there were eight races held in the second quarter of 2024, compared to six races held in the second quarter of 2023. Furthermore, this year's schedule encompasses 24 races, compared to 22 events held in 2023. Revenue rose with growth across media rights and...
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