Mercedes and Ferrari's fierce duel for second place in the 2023 F1 championship comes to a head at this weekend's season-ending Abu Dhabi Grand Prix.  read more »

George Russell believes Mercedes and Ferrari's duel for second place in the Constructors' Championship at the Abu Dhabi GP will prove to be very close, but believes... read more »

Each team will receive a certificate of compliance for meeting the cap between 1 January 2022 and 31 December 2022, which stands at a base of $135 million plus extras.This... read more »

Michael Schumacher's Jordan 191 F1 car will be auctioned with a guide price of £1.2 million-£1.8m. read more »

Michael Schumacher's 2003 championship-winning Formula One car has sold at auction for $14.8 million (£12.9 million). read more »

Red Bull was hit with a £6 million fine and a 10% reduction in its aerodynamic testing allocation for the next 12 months after the FIA found it had breached the budget cap by... read more »

The FIA announced on Friday that it had struck an Accepted Breach Agreement with Red Bull after finding it had exceeded the $145 million cost cap through 2021.Red Bull was... read more »

Having exceeded the cost cap by £1.8m, Red Bull is fined $7m together with a limit on aero testing for 12 months. read more »

Red Bull broke the F1 cost cap by $1.8m due to four clear reasons, according to reports. read more »

Pierre Gasly's services came at a cost to Alpine of €10m (£8.8m), Sky have reported. read more »

These are the most expensive F1 cars ever sold at auction, and the incredible prices they have cost, ahead of Michael Schumacher's 1998 Ferrari F300 being auctioned (it is... read more »

Michael Schumacher's Ferrari F1 car from 1998 is set to be auctioned and is expected to fetch between $6m-$8m (£5-£6.7m). read more »

Organisers of the Silverstone F1 circuit are set to go to court after a botched track resurfacing job left it unsafe and needed redoing just one year later. read more »

As part of an F1 restructuring in 2013 to help boost the income of F1's governing body, teams have faced high entry fees to take part in the world championship.They are... read more »

After the thrills and spills of Silverstone, Damon and Tom return to preview the final race before the summer break, in Hungary. First up they discuss the continuing fallout... read more »

Red Bull claim that the damage inflicted upon Max Verstappen's car during the crash at Silverstone has cost them $1.8million. read more »

Reflecting on last Sunday's controversial British Grand Prix, Christian Horner addresses a number of issues not least the fact that the crash cost his team $1.8m (£1.3m). read more »

Hamilton and Verstappen collided on the opening lap of Sunday's British Grand Prix at Copse, resulting in a 51G impact for Verstappen with the barrier.Verstappen was able... read more »

In its efforts to catch Mercedes, Ferrari and Red Bull, Renault turned a £1 pre-tax profit into a £7.8m loss in 2018. read more »

A filing error by F1 leaves COTA $25.9m (£19.8m) out of pocket and threatens US Grand Prix. read more »

The Force India Formula 1 team has reduced its loss from £15.4m for the 2014 financial year to £6.8m last season read more »

Lewis Hamilton and Mercedes are set to sign a new deal which will see the current championship leader staying with the Anglo-German outfit until 2018. It's believed the... read more »

It's been revealed that energy boss Stephen Fitzpatrick is leading the revival of the Manor Marussia F1 Team, according to the BBC. The 37-year-old, who started Ovo Energy... read more »

McLaren have confirmed that they are continuing to offer the Manor Grand Prix team "affordable support" as it bids to return to the grid in time for the first race.... 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 »