PREMIUM!

Money trouble as F1 fuels up

Motorsport 2 weeks ago

The host country’s national anthem ceremony with its driver line-up is set to disappear for the foreseeable future.


26 Jun 2020
PREMIUM!
Money trouble as F1 fuels up

Max Verstappen. (Photo by Clive Mason/Getty Images)

Despite the more optimistic outlook for the sport, financial difficulties continue to plague Formula One in 2020. It is Liberty Media and Formula One Management that appear to be fielding most of the problems. The latest issues are with the broadcast contracts, particularly with Sky Sports. The British-based television company is looking for rebates from the organisers of major sports series that have been cancelled or postponed. Thus far this includes the British Premier League to the tune of some £170-million (R3.7 billion) and it is estimated that a similar figure is expected from F1. According to several news reports,...

BACK TO CITIZEN BACK TO PREMIUM



 


 

 

today in print