Formula 1 hit a record $617m in Q1 2026 revenue, up 53% year-on-year, but cancelled Middle East races and new regulations cast a shadow over the quarters ahead
Formula 1 (F1) achieved a milestone by generating $617 million in revenue during the first quarter of 2026, marking a significant 53% surge compared to the $403 million reported in Q1 2025. However, the cancellation of races in the Middle East and the introduction of new regulations have raised concerns about the upcoming quarters for the sport.