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
Browse:
F1 Income/expenditure 2011
comment by Mr. Unsubscribe (U1110)
posted on 2/7/12
Comment Deleted by Site Moderator
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