Formula E generated revenue of €219.9 million for the year ended 30th September 2023, up 21.2% on the €181.4 million from the previous year. Meanwhile the championship also saw a reduction in losses from €64.9 million to €42.8 million, according to the latest accounts filed by Formula E Operations.
In terms of the revenue breakdown, income from race promotion and licensing, including sponsorship, amounted to €125.4 million, while race and service-related revenue, which covers media rights and logistics, totalled €92.8 million.
