The Confederation of Australian Motor Sport (CAMS) has successfully concluded negotiations with Australian Grand Prix Corporation over the organisation of the 2011 event. read more »

Toyota end an agreement with Hispania Racing Team and are chasing "contractual payment" to the "surprise" of the 2010 Formula 1 newcomers. read more »

Ferrari has announced that it has signed a sponsorship agreement with Kaspersky Lab, which will cover the 2011 and 2012 seasons. The Kaspersky Lab logo will now appear on the... read more »

Businessman Juan Villalonga has joined the Hispania Racing Team, associating with its owner and president Jose Ramon Carabante. As soon as the agreement was made, both parts... read more »

Renault and Cosworth have written a letter to the FIA as F1 struggles to find agreement over a new engine formula for 2013 read more »

The Renault Formula One Team is pleased to announce a new multi-year sponsorship agreement with Japan Rags, the men’s clothing brand of the LTC Group. Founded in 1998, the... read more »

F1's cost-reducing programme, the Resource Restriction Agreement (RRA), has been extended through to 2017 after teams agreed to new terms read more »

Vodafone logos will continue to adorn the sides of McLaren F1 cars for the next three seasons after the two parties reached agreement on an extension to their successful... read more »

F1 supremo Bernie Ecclestone believes his sport can play a major role in Russia after an agreement was reached a stage a grand prix in the country... read more »

Russia has secured a deal to host a Formula One race in Sochi from 2014 after signing an agreement with Bernie Ecclestone... read more »

Russian Prime Minister Vladimir Putin is expected to sign an agreement tomorrow (Thursday) which will see work begin on a Grand Prix circuit in Sochi. read more »

Like most in the Suzuka paddock, championship contender Sebastian Vettel agrees with the decision to suspend qualifying for the Japanese Grand Prix, claiming that risking lives... read more »

The Renault F1 Team is delighted to announce a new partnership agreement with Flagman vodka for the remaining four rounds of the 2010 season, beginning with this weekend’s... read more »

The leading new team in the 2010 FIA Formula Oneâ„¢ World Championship, the Lotus Racing Formula Oneâ„¢ (F1â„¢) team, has signed a global representation agreement with Creative... read more »

Cosworth and Lotus have officially concluded their engine supply agreement, paving the way for the later to switch to Renault power... read more »

Cosworth and Lotus have today signed the termination of Lotus Racing's engine supply agreement following completion of the deal which was established in principle and... read more »

Ostensibly as a precursor to an announcement that it has struck an agreement with Renault for 2011, Lotus Racing has officialised the end of its current partnership with Cosworth. read more »

Mark Webber and Sebastian Vettel are in agreement Suzuka should suit the Red Bulls read more »

Having met in Singapore last weekend, FOTA have agreed an extension to the current Resource Restriction Agreement... read more »

The Formula One Teams Association (FOTA) has told GPUpdate.net that its members have developed a fresh version of the Resource Restriction Agreement (RRA), which will... read more »

Formula 1 teams have made a major breakthrough to help reduce costs in the sport over the next few years after rubber-stamping a new Resource Restriction Agreement (RRA) in... read more »