Formula 1 owners Liberty Media have confirmed their acquisition of motorbike racing series MotoGP via Dorna, valuing the company at €4.2bn (approximately £3.6bn). read more »

Formula 1 has reported a revenue of £2.5bn ($3.2bn) in 2023 following a strong final quarter which generated £950m alone. The impressive 25% revenue boost was buoyed by the... read more »

Formula 1 attracted a record audience of two billion for the 2021 season, according to the series' president Stefano Domenicali. read more »

Motorsports governing body, the FIA, has commissioned a study into motorsports economic and social impact, revealing a total gross output of €160 billion annually. The study,... read more »

Electronic Arts has announced it has reached an agreement to purchase Formula 1 video game developer Codemasters in a $1.2billion deal. read more »

Codemasters, the developer behind recent Formula 1 game titles on Playstation, Xbox, Nintendo and mobile is set to be acquired by Electronic Arts (EA), in a deal worth $1.2... read more »

French car manufacturer Renault is soon to announce that it is being forced to cut costs by €2 billion in response to a drop in demand due to the coronavirus pandemic. The... read more »

Bernie Ecclestone has signed deals worth £14.2bn in the 30 years since he took over the wheel of the sport. read more »

German prosecutors still believe that Formula One was undervalued when it was bought by the private equity firm CVC for £1.2bn ($2bn) in 2006. read more »

A complicated arrangement involving offshore trusts has allowed F1 supremo Bernie Ecclestone to reduce a potential tax bill by more than 1bn. read more »

An investigation by the BBC claims that Bernie Ecclestone "avoided a potential £1.2bn tax bill as a result of a secret deal with HMRC". Not so. read more »

Bernie Ecclestone has avoided paying a potential tax bill of £1.2 billion ($2bn, €1.45bn) to Revenue and Customs (HMRC) after agreeing a secret deal with the... read more »

In a month when Bernie Ecclestone is in the spotlight for unwanted reasons, the BBC now reports he escaped a £1.2bn tax bill in a "secret deal with HMRC"... read more »

Gerhard Gribkowsky, a former banker who oversaw the sale of Formula 1 to CVC, has admitted he accepted bribes from F1 chief Bernie Ecclestone. The German has now... read more »

Apr.10 (GMM) More details about formula one's planned stock market floatation have emerged. Bloomberg, the financial news agency, said majority owner CVC is seeking $2... read more »

More details about Formula One’s planned stock market floatation have emerged. Bloomberg, the financial news agency, said majority owner CVC is seeking $2 billion by... read more »

The addition of new venues to the F1 schedule could substantially bump up the money being made by the sport. read more »

Formula One's revenues could double to just under £2 billion ($3.25bn) by 2016 as the sport looks to increase the fees it charges organisers to read more »