or to join or start a new Discussion

Browse: Motorsport  Formula One 
1 Comment
Article Rating     Not Rated Yet

F1 Income/expenditure 2011

Below is a breakdown of the CVC income and expenditure for 2011

Revenue
Race hosting fees: £325m
Television rights: £313m
Ads and sponsorship: £145m
Corporate hospitality: £50m
GP2 and GP3: £35m
Other sources: £105m
Total: £973m
Costs: -£223m

EBITDA (profit): £750m
Prize Money
47.5% of EBITDA: £356m (Shared between top ten teams)
2.5% of the EBITDA: £19m (Paid to Ferrari)
Back-payments: £51m
HRT and Marussia: £12m (For finishing outside the top ten)
Total: -£438m
Amortisation: -£10m
Depreciation: -£12m
Pre-Tax Profit: £290m
Interest on debt: -£36m
Tax: -£11m
Net Profit: £243m
CVC profit share: £153m

For further information

http://www.pitpass.com/46669-Why-F1s-owners-only-end-up-with-30-of-its-revenues

posted on 2/7/12

Comment Deleted by Site Moderator

Sign in if you want to comment
RATE THIS ARTICLE
Rate Breakdown
5
0 Votes
4
0 Votes
3
0 Votes
2
0 Votes
1
0 Votes

Average Rating: 0 from 0 votes

ARTICLE STATS
Day
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available
Month
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available