Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.
According to Formula One Group's latest financial reports the company's current earnings (TTM) are $211 M. The earnings displayed on this page is the company's Pretax Income.
Year | Income Before Tax | Net Income |
---|---|---|
2023 | $211 M | $185 M |
2022 | $251 M | $558 M |
2021 | $-157,000,000 | $-120,000,000 |
2020 | $-706,000,000 | $-594,000,000 |
2019 | $-401,000,000 | $-311,000,000 |
2018 | $-200,000,000 | $-150,000,000 |
2017 | $-304,000,000 | $255 M |
2016 | $500 M | $329 M |
2015 | $-277,000,000 | $-175,000,000 |
2014 | $461 M | $178 M |
2013 | $8.86 B | $8.78 B |
2012 | $2.01 B | $1.41 B |
2011 | $758 M | $836 M |
2010 | $426 M | $1000 M |