Formula One Group will generate $1.789bn in revenue this year, according to research from Formula Money.
Race hosting fees, which were worth $568m last year, are expected to be the largest source of growth.
The highest individual race hosting fee is $50m. Formula Money predicts this will reach $100m by the end of the decade.
Formula One Group’s income is projected to exceed $2bn next year and reach $3.253bn by 2016.
This would increase the prize money handed to the teams, which share 50% of the sport’s income between them.
It could prove especially valuable as Formula Money reports total team sponsorship and supplier deals fell for the fourth time in five years in 2010, to $802m. However they report signs of an upswing this year with sponsorship already worth more than it was last year, hitting $887m.
2011 F1 season
- Kubica reveals he almost withdrew from fateful 2011 rally – and had 2012 Ferrari F1 deal
- How well do you remember the 2011 F1 season? Take the F1 Fanatic quiz
- The 2011 F1 season: The complete F1 Fanatic review
- Your 2011 F1 predictions revisited
- Barrichello tipped to stay at Williams
- 2011 F1 statistics part 3: Stats and facts highlights
- 2011 F1 statistics part two: Vettel’s domination
- 2011 F1 statistics part one: car performance
- New 2011 rules produced best racing of last four years
- What F1 Fanatics really thought of the 2011 season
Browse all 2011 F1 season articles
Image © Williams/LAT