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Silverstone records biggest circuit loss in F1 history
Marussia’s financial position was exposed to the light of day this week and it was glimpse of the impact the global economy is having on Formula 1 teams—especially the small teams. Formula 1 has been relatively quiet on what the overall impact has been from TV revenue, advertising, sponsors and hospitality.
It doesn’t take too much divination to come to a conclusion about Formula 1. When the calendar expanded to far-flung locations such as Malaysia, Korea, India, Abu Dhabi, Bahrain, Singapore, China and turkey—the story was writing itself.
Through emerging markets, government subsidies, TV broadcast rights and a creative sanctioning fee escalator; Formula 1 has maintained a...
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10y ago from Formula1Blog.com
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