It is understood that having been told his services are no longer required by the Woking team, Daniel Ricciardo is seeking a $21m (£17.3m) pay-off from McLaren. read more »

FIA president Jean Todt has finally admitted that engine costs in Formula 1 are far too high following the switch from V8 engines to hybrid turbo-V6 power units. The Frenchman... read more »

Formula One teams face a massive 150 per cent hike in the cost of their 2014 engine supply when the sport switches to turbo-charged V6 power units. At present, engine supply to... read more »

The Singapore night race looks likely to remain a feature on the calendar until at least 2017, after Bernie Ecclestone confirmed that new terms have been agreed with the... read more »