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 »

Electronic Arts are moving closer to a $1.2 billion takeover of Codemasters, developer of the Formula 1 video games. read more »

Codemasters, the developer behind recent Formula 1 game titles on Playstation, Xbox, Nintendo and mobile is set to be acquired by Electronic Arts (EA), in a deal worth $1.2... read more »

French car manufacturer Renault is soon to announce that it is being forced to cut costs by €2 billion in response to a drop in demand due to the coronavirus pandemic. The... read more »

Daniel Ricciardo may have jumped off the Renault ship before it sunk with the carmaker set to unveil a plan to cut costs by $2.2 billion. read more »

Mercedes boss, Toto Wolff, has revealed how the success of the F1 team has led to the advertising value reaching up to $4.5 billion. read more »

Liberty Media has provided a $1.4 billion lifeline to help Formula 1 and its teams overcome the current economic downturn. read more »

MotoGP have postponed four Grand Prix, Formula E have postponed three, the Rugby Union Six Nations competition is in tatters and football leagues across Europe may remain... read more »

Renault is the team under the most pressure to bridge the gap between Formula 1's midfield and the big three teams, but this year its progress appears to have stalled and... read more »

Formula 1's new commercial chief, Sean Bratches, has set out a four-point plan to improve the sport in the future, following Liberty Media's $8 billion… read more »

Formula One's CEO Chase Carey says the sport's decision-making process needs to be improved under its new ownership. Carey took over F1's top job from Bernie... read more »

Bernie Ecclestone was removed from his position as chief executive after Liberty Media completed its $8 billion takeover of Formula 1 on Monday evening. read more »

The Liberty Media takeover of Formula One was always going to be a slow process. With figures in the billions, it is always wise to proceed with caution. But with last... read more »

Ron Dennis has failed in a High Court attempt to keep his position at McLaren, in the wake of a £1.6 billion takeover bid from a Chinese consortium, according… read more »

McLaren have rejected a £1.65 billion takeover bid from Chinese investors, Sky sources understand. read more »

After completing a £6 billion deal, Force India boss Bob Fernley is looking forward to the new era that Liberty Media will lead them into, advising them to introduce a better... read more »

It's not every day you switch on your TV or open your web browser, to discover one of the world's biggest sporting series has been taken over by new owners. This... read more »

New Formula One owners Liberty Media have outlined the five key areas it will focus on growing in the sport following its successful $8.5 billion takeover. On Wednesday Liberty... read more »