Liberty boss “not worried” about F1 balance sheet after big losses

Liberty announced on Friday that F1’s revenues fell by 44% from 2019 to 2020, resulting in a substantial operating loss of $386m and less income divided between the 10 teams.
Maffei remains confident that the financial performance will improve in 2021 as spectators return to events and the revenue from race promotion fees increases. Liberty has been hit hard by COVID-19, with its other …Keep reading