The FIA have announced a tender process for a 12th team to "participate at a competitive level" in Formula 1 from the start of the 2015 or 2016 season. read more »

The FIA has confirmed it is seeking a 12th team to join the Formula 1 grid after opening up a selection process to find a new team for 2015. The regulations stipulate that 13... read more »

Pirelli are closing on a new deal which will see them supplying Formula 1 tyres exclusively for the next three years. The Italian manufacturer has just reached the end of a... read more »

The organiser of the Korean Grand Prix has admitted its place on the 2014 calendar, which was marked at 'provisional', is far from certain. The event has a contract... read more »

Australian Grand Prix promoters are confident that they are on course to secure a fresh contract from 2016, following talks with Bernie Ecclestone in Singapore last weekend. read more »

Caterham will continue to use Renault engines through to the end of the 2016 season, after completing a three-year extension to their current contract with the French... read more »

Caterham has confirmed that it will continue with Renault engines until at least the 2016 season, covering the switch from V8 units to turbocharged V6 powerplants. read more »

Mark Webber believes Ferrari have signed Kimi Raikkonen as a stopgap until they can get their hands on Sebastian Vettel in 2016... read more »

Mark Webber believes Ferrari have decided to take Kimi Raikkonen on a two-year contract because they will soon sign Sebastian Vettel. It's no secret that Ferrari want the... read more »

Mark Webber has stoked the fire of Formula 1's driver market by suggesting that Ferrari's hiring of Kimi Raikkonen to partner Fernando Alonso represents a... read more »

BMW is apparently considering whether to return as an engine supplier in 2016... which should not come as a surprise to regular Pitpass readers. read more »

Fernando Alonso is the latest driver linked to the vacant seat at Red Bull next season, with claims his manager met with Christian Horner to discuss the idea in Hungary. Whilst... read more »

The Hungarian Grand Prix has cemented its place on the Formula 1 calendar after agreeing a new five-year extension to its current contract. Bernie Ecclestone and Hungary's... read more »

The Hungarian Grand Prix will remain on the Formula 1 calendar until at least 2022. Organisers of the event signed a deal with Bernie Ecclestone on Sunday morning prior to the... read more »

The Hungaroring has extended its Formula 1 race contract through 2021, marking a five-year extension to the previous agreement that was due to expire in 2016. read more »

Fernando Alonso has repeated that he will end his Formula 1 career at Ferrari, vowing never to leave the Italian marque for a rival outfit. The two-time World Champion, who... read more »

Sebastian Vettel has extended his contract with Red Bull to the end of the 2016 season, according to Austrian newspaper Kleine Zeitung. Previously committed to the energy... read more »

Lotus has announced that it will celebrate a successful first season with the Microsoft Corporation by extending the terms of its partnership until at least the end of 2016. read more »

A Singapore billionaire has revealed plans to construct a new circuit in the Iskandar region of Malaysia. The development, which will be known as 'Motorsport City',... read more »

Red Bull has denied reports it has signed up Sebastian Vettel for the 2015 and 2016 seasons. The 2012 world champions have only just dealt with speculation they could soon lose... read more »

Organisers of the Korean Grand Prix have confirmed that the Yeongam event has once again made losses. This year’s race, won by Sebastian Vettel, was the third on a... read more »

Rio de Janeiro mayor Eduardo Paes has confirmed his intentions to bid for a Formula One race at a new circuit in Brazil's second largest city. Rio hosted F1 for... read more »

Hungary is looking to secure its place on the F1 calendar for almost another whole decade. Germany’s sport1.de reports that Hungaroring boss Zsolt Gyulay intends to... read more »

The Korean Grand Prix will continue to play a part in the F1 world championship through to 2016. read more »

Bernie Ecclestone agreed to reduce the race fee as he extended Korea's grand prix contract through 2016, the AFP news agency reports. F1's annual trip since 2010 to... read more »