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.
Revenue of Formula One Group (FWONK)
Revenue in 2023 (TTM): $3.22 B
According to Formula One Group's latest financial reports the company's current revenue (TTM) is $3.22 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Formula One Group
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $3.22 B | $613 M | $794 M | $211 M | $185 M |
| 2022 | $2.57 B | $823 M | $535 M | $251 M | $558 M |
| 2021 | $2.14 B | $647 M | $363 M | $-157,000,000 | $-120,000,000 |
| 2020 | $1.15 B | $171 M | $-119,000,000 | $-706,000,000 | $-594,000,000 |
| 2019 | $2.02 B | $628 M | $247 M | $-401,000,000 | $-311,000,000 |
| 2018 | $1.83 B | $554 M | $452 M | $-200,000,000 | $-150,000,000 |
| 2017 | $1.78 B | $564 M | $321 M | $-304,000,000 | $255 M |
| 2016 | $ | $-10,000,000 | $-58,000,000 | $500 M | $329 M |
| 2015 | $4.8 B | $2.08 B | $-72,000,000 | $-277,000,000 | $-175,000,000 |
| 2014 | $4.45 B | $2.38 B | $-100,000,000 | $461 M | $178 M |
| 2013 | $4 B | $2.18 B | $9.3 B | $8.86 B | $8.78 B |
| 2012 | $2 B | $-1,629,453,000,000 | $2.86 B | $2.01 B | $1.41 B |
| 2011 | $1.41 B | $1.41 B | $827 M | $758 M | $836 M |
| 2010 | $2.05 B | $2.05 B | $1.31 B | $426 M | $1000 M |