Formula 1 enjoys record-breaking revenue in 2024: Which F1 team earned the most
Formula 1's revenue soared to $3.6 billion in 2024, an 11% increase. Despite a slight dip in Q4 profits, overall attendance reached 6.5 million, with TV viewership hitting 1.6 billion. Sponsorships are thriving, with new deals in crypto and lotteries. Teams also benefited, with Ferrari leading earnings and McLaren seeing the most significant growth.
Formula 1's revenue soared to $3.6 billion in 2024, an 11% increase. Despite a slight dip in Q4 profits, overall attendance reached 6.5 million, with TV viewership hitting 1.6 billion. Sponsorships are thriving, with new deals in crypto and lotteries. Teams also benefited, with Ferrari leading earnings and McLaren seeing the most significant growth.
