Revealed: Formula 1 team payments for 2017

At the start of each season, Formula One Management projects revenues from three streams – hosting fees, media rights and other income avenues, such as hospitality and trackside sponsorship.FOM’s 2016 turnover is estimated at $1.83bn, with underlying revenues estimated at $1.38bn.It then distributes approximately 68 percent of projected underlying revenues among the qualifying … Keep reading

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