P1racenews AI automatic summary:
F1 reports massive increase in revenue and profit as Liberty Media continues to ride on the series’ success.
“Formula 1 released its financial results for the second quarter of 2025, with revenue exceeding $1 billion, showing a 35% increase from the same period last year.
The primary F1 revenue amounted to $1.03 billion, driven by race promotion fees, media rights, and sponsorship, reflecting a significant surge from $739 million in Q2 2024.
The increased revenue was supported by an expanded calendar, hosting nine races in the April-June window this year compared to eight in the previous season.
F1 owners, Liberty Media, reported substantial gains from the Apple F1 movie release and growth in other revenue streams, including a boost from the Grand Prix Plaza lease in Las Vegas.
Operating income before depreciation and amortisation more than doubled year-on-year, reaching $369 million, while prize money distributed to teams during the quarter rose to $513 million, contributing to a total of $625 million for the year.
Operational costs escalated due to various factors, including higher freight costs, increased partner servicing expenses, and investments in new sponsor servicing, F1 TV delivery, and Grand Prix Plaza events in Las Vegas.”
