LONDON - Formula One might start its racing series as soon as July, although it remains unknown when and if spectators can attend the events.
The coronavirus pandemic has led to cancellations of global sporting events and Liberty is looking at several scenarios in which the racing league could return. In an interview with CNBC last month, Liberty Media chief executive officer Greg Maffei said Formula One is likely to restart first in Western Europe with no fans.
Formula One group did not record any race promotion fees or broadcasting fees in the first quarter as no races were held during the period.
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