The World Motor Sport Council has ratified the proposed changes to Formula 1's sporting, technical and financial regulations, including a reduced cost cap from 2021 read more »

The future of Formula 1 has been set in stone by the FIA after the World Motor Sport Council officially ratified the rule and regulation changes. read more »

Formula One's post-coronavirus future took shape on Thursday after racing's governing body, the FIA, ratified several unprecedented measures in the technical and... read more »

Formula 1's budget cap has been reduced for the 2021 season following a unanimous agreement between all 10 teams, the FIA's World Motor Sport Council confirmed on... read more »

A major driving force in their introduction, McLaren is the first team to react to today's confirmation of the 2021 regulations. read more »

The World Motor Sport Council has approved further changes to the sporting, technical and financial regulations governing F1, primarily due to the ongoing need to reduce costs... read more »

F1's big and wide-ranging package of cost-cutting measures - headlined by a tighter budget cap - have been approved from 2021 onwards as the sport bids to become more... read more »

McLaren is set to slash 1,200 jobs across their technology, automotive and racing businesses in light of the coronavirus crisis and in response tot he introduction of a budget... read more »

Haas Formula 1 team boss Guenther Steiner has said there’s no point in him making an offer to sidelined Sebastian Vettel for 2021, because he can’t afford the German and he... read more »

Needing to spend development tokens to fit the Mercedes engine in 2021, Zak Brown believes 2022 is when it will all come together for McLaren. read more »

Andreas Seidl has revealed that neither Ricciardo or Norris will have number 1 status at the team in 2021. read more »

Haas boss, Guenther Steiner, has said he cannot afford to sign Sebastian Vettel and thinks it will take someone with "a lot deeper pockets" to do so. read more »

Haas team principal Gunther Steiner believes the reduced Formula 1 budget cap from 2021 will make involvement in the series a "clear cut" decision for interested... read more »

Four-time F1 champion Sebastian Vettel will not take a career "risk" by signing for a midfield team in 2021, believes Haas boss Gunther Steiner. read more »

Charles Leclerc is adamant Ferrari has not handed him number one status over his new-for-2021 team-mate Carlos Sainz. read more »

Former Formula 1 boss Bernie Ecclestone would like to see Sebastian Vettel join Mercedes in 2021, setting up a clash of the titans with Lewis Hamilton. read more »

Carlos Sainz wants to see McLaren continue its march towards the front of the F1 field in 2021 once he has departed for Ferrari read more »

Red Bull team principal Christian Horner has added to speculation that Sebastian Vettel could join Mercedes for the 2021 Formula 1 season. read more »

Daniel Ricciardo has been warned he will not start as McLaren's number one driver when the 2021 Formula 1 season begins. read more »

McLaren principal Andreas Seidl has confirmed that seven-time race winner Daniel Ricciardo won't be their No.1 driver from 2021. read more »

Ferrari-bound Carlos Sainz has said he hopes to share the podium with Mclaren after completing his move for the 2021 season. read more »

Carlos Sainz has revealed McLaren's F1 management congratulated him over sealing his Ferrari move for 2021.  read more »

Formula 1 teams have agreed to reduce the upcoming budget cap to $145 million (119 million pounds) for 2021, according to the BBC. read more »

A cost-cutting package for the 2021 season has been agreed upon by Formula 1 teams, the package including a reduced $145 million cost cap. read more »

Romain Grosjean has predicted more shocks in the F1 driver market "saga" for 2021 after Sebastian Vettel's exit from Ferrari set off a chain reaction of moves.  read more »