British-Indian brothers Baljinder Sohi and Sonny Kaushal are in negotiations to rescue the beleaguered Marussia F1 Team following confirmation the outfit has gone into... read more »

Lotus chief executive Matthew Carter is optimistic after the team post improved financial results for the first half of 2014. read more »

The Williams F1 Team has blamed investment in ensuring it moved toward the front of the Formula 1 grid for losses of more than £20 million ($32m) in the first six months of... read more »

The Lotus F1 Team has recorded losses of £64 million during the financial year of 2013 according to its latest accounts. The losses come just days after team co-owner... read more »

The Canadian Grand Prix will remain on the calendar until at least 2024 after agreeing an extension to its previous contract. The government-backed race at the Circuit Gilles... read more »

Fernando Alonso has purchased the Euskaltel Euskadi cycling team's WorldTour licence for 6m euros... read more »

Facing the prospect of finishing eleventh in the championship, and thereby taking a £16.6m hit in terms of prize money, Caterham has received a financial boost at the eleventh... read more »

Greece has elected to unblock a subsidy of 28.9 million euros (£23m) for the construction of an international standard racing circuit, the Ministry of Development has... read more »

The Belgian Grand Prix at the fan favourite of Spa-Francorchamps could be set to secure an extended contract which would see the event remain on the calendar every year until... read more »

Virgin Racing's parent company Manor HoldCo made a £35.3m pre-tax loss in the 14 months to 31 December 2010. Interestingly, the loss was driven by a whopping £17.6m... read more »

Bernie Ecclestone has revealed that Bahrain will not have to pay the fee - said to be around $40m (£24.6m) - after its round of the 2011 was withdrawn by organizers on Monday. read more »

Tony Fernandes has revealed he rejected a six million pound offer to settle the Lotus naming dispute that has embroiled two F1 teams... read more »