Despite reasonable crowd figures, this year’s Belgian Grand Prix has posted more losses, the country’s government has confirmed. The Spa-Francorchamps event – which is set to alternate with a race on French soil in the coming years – posted losses of over €5.5 million.
This year’s race saw some 45,000 fans flock to the Ardennes circuit – 5% fewer than the 2010 race – but revenue actually increased.
However, the event had to pay more outgoings which led to its losses this year, some €500,000 down on the year before. To break even, a further 20,000 spectators would need to attend the Grand Prix, according to calculations.
[Original image via Sutton Images]
The following two tabs change content below.
Richard Bailey
Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.
Latest posts by Richard Bailey (see all)
- 2020 F1 Season Review (Blu Ray) - 27 February, 2021
- WTCR: Guerrieri outwits Muller at the Nordschleife - 26 September, 2020
- WTCR: Girolami breaks Nordschleife lap record to claim pole - 25 September, 2020
- WTCR: Hyundai withdraws from Germany round - 24 September, 2020
- WTCR: Ehrlacher leads Lynk & Co podium sweep at Zolder - 13 September, 2020