Formula 1 has reported a significant drop in revenue for the first half of 2026 after calendar disruptions caused by the conflict in the Middle East forced changes to the race schedule.
According to Formula 1 owner Liberty Media’s latest financial results, revenue fell 15% to US$1.381 billion compared to the same period last year, largely because three fewer Grands Prix were held during the opening six months of the season.
The postponement of the Bahrain and Saudi Arabian Grands Prix meant no races were staged in April, contributing to the decline. Operating income stood at US$180 million, while Adjusted OIBDA dropped 30% to US$311 million.
Despite the financial setback, Formula 1 remains optimistic about the remainder of the season. The Bahrain Grand Prix has been rescheduled for October 4 in Malaysia, while the Saudi Arabian Grand Prix has been cancelled. Decisions on the Qatar and Abu Dhabi Grands Prix are still pending, with the championship aiming to complete at least 22 races this season.
F1 President and CEO Stefano Domenicali remains positive, highlighting the sport’s strong momentum despite the calendar challenges.
“This season has showcased the very best of our sport with competitive racing and fascinating storylines that are driving strong fan engagement, with attendance, audiences and digital impressions all increasing so far this year,” Domenicali said.
