Liberty Media Planned To Boost F1 Race Fees [Forbes]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Forbes
The coronavirus pandemic has put the brakes on Liberty 's plan to boost F1's race fees (Charles... [+]Coates/Getty Images)Formula One's race promoters have had a lucky escape as the sport's owner Liberty has revealed that it was planning to drive up their fees before the coronavirus outbreak sent it into a spin.Just two days before F1's season-opener in Australia was due to take place last month F1 was forced to put the brakes on it after a member of the McLaren team tested positive for COVID-19. Since then F1 has postponed or cancelled the first nine races of the season up to the end of June.F1 has been left waiting at the lights as the affected races can't be rescheduled until the destination countries are clear of coronavirus whilst the 13 events remaining on the calendar are also gridlocked.Today In:SportsAs weThese costs are usually funded by advance ticket sales but at the moment race fans don't know if they will be able to travel to future events or even whether it will be saf
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JPM
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- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- JPM's page on the SEC website