Reports suggests that McLaren is seeking between $20m (£15.7m) and $30m (£23.5m) in damages from Alex Palou after the Spanish driver reneged on his contract for 2024. read more »

The driver who crashed Lewis Hamilton's old £8.5m Pagani supercar has reportedly been revealed. read more »

NEOM McLaren have officially announced that German driver Rene Rast has left the Formula E team. read more »

The Pagani Zonda 760 LH £8.5m supercar, that was commissioned exclusively for Formula 1 world champion Lewis Hamilton has sustained extensive damage after it crashed in the... read more »

A supercar which Lewis Hamilton sold for £8.5m has been involved in a crash - and not for the first time. read more »

Certainly, the risk of mounting a successful passing move on the principality's streets is high, and any misjudged moves on a driver can often come at a high price.While... read more »

A Ferrari F40 that was gifted to four-time world champion Alain Prost upon signing for the manufacturer in 1990 is to be auctioned off to one very lucky (and extremely wealthy)... read more »

Michael Schumacher's 2000 title-winning Ferrari is set to go on sale in Hong Kong with a mouth-watering price tag. read more »

The clarification has resulted from a review of the Alonso penalty stop and the grid placement offence that triggered it.As well as a tidying up of the penalty pitstop rules... read more »

The special arrangements for new suppliers were agreed upon as part of the package to encourage new manufacturers like Audi to join the sport in 2026.In essence, they are... read more »

Lewis Hamilton's non-attendance at the wedding of David Beckham's son is bizarrely at the centre of a billionaire's lawsuit. read more »

Lewis Hamilton's London mansion is registered as owned via an offshore company, The Guardian have revealed. read more »

There is a mind-bogglingly luxurious offer to attend the F1 Las Vegas Grand Prix which could help turn it into the must-see race of the year. read more »

A Ferrari F1 car which the legendary Alain Prost demanded was rebuilt is now set to be auctioned for €2.9m-€3.4m (£2.5m-£3m / $3.1m-$3.7m). read more »

F1 introduced its first set of financial regulations for the 2021 season, restricting teams to a yearly budget of $145 million. This was initially set to fall by $5m per year,... read more »

For those with the money, not to mention the inclination, Caesars Entertainment is offering a $5m package for next year's inaugural Las Vegas Grand Prix. read more »

A mammoth $5 million ticket package for the 2023 Las Vegas is to go on sale from Caesars Entertainment. F1 will compete in the Las Vegas streets next year, with the race... read more »

Nelson Piquet will have to go to court over his language used about Lewis Hamilton. read more »

Under the deal agreed by yesterday's meeting of the F1 Commission, the original budget cap of $140m this year is raised to $145.5m - more than it stood in 2021, the first... read more »

At Friday morning's meeting of the F1 Commission it was decided to add a 3.1% inflation allowance to the original cost cap figure.Teams had been working to the basic total... read more »

F1 introduced its first set of financial regulations for the 2021 season, setting an initial budget cap for the year of $145 million per team. This dropped to $140m for 2022,... read more »

Red Bull have announced the RB17, a new hypercar they'll manufacture from 2025... read more »

Red Bull Advanced Technologies has announced details of its first hypercar project designed, developed, and manufactured entirely in-house. read more »

Red Bull has announced its first production car with the Adrian Newey-designed RB17 hypercar. read more »

F1 launched its first team budget cap in 2021 after a big push by the FIA and the commercial rights holder to make the series more financially sustainable.Teams were limited to... read more »