Formula 1 announced a major drop in income

Formula 1 has announced that its revenue for the first quarter of 2020 is only $ 39 million, more than six times less than the same period last year.

All due to the cancellation of already ten steps and the uncertainty, however, will there be a season at least in some form.

Fell the most in revenues from the stages, television broadcasts and sponsors. Most sponsorship contracts are carried out partially, making it possible to receive 39 million of income.

Previously, some commands f-1 claimed that will not survive the year 2020, if the season will not take place.

Formula 1 is targeted to start in July with the Grand Prix of Austria.

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