Liberty Media, the owners of F1, rejected a bid worth $20 billion (£16b) from Saudi Arabia to buy the sport. read more »

Saudi Arabia's sovereign wealth fund considered an attempt to buy Formula 1 from Liberty Media for a price tag of "well over $20 billion". Liberty Media has... read more »

The Saudi Arabian Public Investment Fund tabled a bid to acquire F1 from Liberty Media, according to reports. read more »

The recent bankruptcy of FTX in the wake of an $8 billion liquidity crunch sent panic through the crypto markets - which in turn has had an impact on F1 teams.Eight of the... read more »

The German manufacturer made the decision to suspend its sponsorship deal with FTX on the eve of the Brazilian Grand Prix in the wake of the company's much-publicised... read more »

While car manufacturers around the world invest heavily in electric vehicles, F1 is not ignoring the huge benefits that can be had globally by pioneering cheap plug-in... read more »

Formula 1 managing director, motorsports, Ross Brawn has revealed the new sustainable fuels set to be introduced in 2026 could benefit "two billion" road users. read more »

Ecclestone presided over F1 for more than four decades before exiting upon the sale of the series to Liberty Media in early 2017. He also owned the Brabham team between 1972... read more »

Liberty's arrival marked a significant break from the past, replacing Bernie Ecclestone's wheeler-dealer and profit-focused approach with a broader view to growing... read more »

Nevada governor Steve Sisolak anticipates the Las Vegas Grand Prix will generate "over a billion dollars" with a bumper 170,000 crowd. read more »

It was recently reported that Andretti Autosport had submitted a letter to the FIA to join the Formula 1 grid as a new entrant, following a failed bid to purchase the current... read more »

For a new team to join Formula 1 and prove they can add to the series, Toto Wolff feels $1bn in funding is needed. read more »

Ahead of the pre-season testing for the 2022 F1 season, the sport has announced audience figures following the 2021 World Championship season with a total of 1.55 billion... read more »

After seeing the COVID-19 pandemic severely impact its 2020 calendar, F1 delivered a record-breaking 22-race schedule in 2021 as Max Verstappen and Lewis Hamilton's title... read more »

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

It was perhaps not by chance that the subject of teams eventually being worth over $1 billion became a topic of conversation over the recent US GP weekend.Packed grandstands... read more »

McLaren Racing CEO Zak Brown has credited Liberty Media for 'uncorking the value' of Formula 1 after predicting billion-dollar team values. read more »

Mercedes team principal Toto Wolff has backed comments from McLaren Racing CEO Zak Brown that Formula 1 teams could change hands for over $1billion in the near future. read more »

McLaren Racing CEO Zak Brown has predicted F1 teams could change hands for over $1billion in as little as three years. read more »

Netflix would consider a bid to buy Formula 1 if it came up for sale, according to the streaming service’s CEO, Reed Hastings. F1 was recently sold to Liberty Media in a deal... 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 »

Formula 1 is expected to continue growing and reach one billion fans by April 2022, with a particular increase found in the 16-35 age group. read more »

The one billion fans figure has been projected by sports industry analytics company Nielsen Sports.Nielsen's forecast is based on its analysis of individuals with an... read more »

Electronic Arts' acquisition of Codemasters, the long-time producers of the official F1 video games, has been completed. EA has been in discussions with Codemasters... read more »

Electronic Arts has completed its $1.2 billion takeover of Formula 1 video game developer Codemasters, marking "the beginning of an exciting new era for racing games" read more »