07
May
2021
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F1 financial numbers continue to improve after disastrous 2020
Primary revenue rose from just $17m for January to March in 2020 to $159m for the same period this year, while total revenue was up from $39m to $180m.
An operating loss of $137m for the first quarter last year was turned into a $33m loss for this year.
The numbers reflect that no races were held in the first three months of 2020,…