Mexican billionaire Carlos Slim says there is a strong chance that Formula 1 will return to Mexico in the near future. Mexico has not hosted a Formula 1 race since 1992, when... read more »

Much has been said about the arrival of Sergio Perez at McLaren. The young Mexican impressed during his time at Sauber, prompting a move to McLaren to replace the outgoing... read more »

British billionaire Richard Branson strutted his stuff as an AirAsia flight attendant Sunday - complete with fishnet stockings and red pencil skirt... read more »

Toto Wolff turned down Dietrich Mateschitz when the Red Bull magnate offered to sell him Toro Rosso. Wolff, who subsequently bought into Williams and is now Mercedes’... read more »

Red Bull billionaire and team owner Dietrich Mateschitz believes the tyre situation in Formula One has gone too far, claiming the sport is no longer about "classic... read more »

Even amid McLaren’s competitive slump, the spotlight is shining ever more brightly on Sergio Perez. The young Mexican was signed by the British team to replace Lewis... read more »

Red Bull will not issue any more team orders this season, according to motorsport advisor Helmut Marko. The outfit has come under pressure for asking Sebastian Vettel to remain... read more »

Kimi Raikkonen is “a candidate” to replace Mark Webber at Red Bull, team owner Dietrich Mateschitz has admitted. In the wake of the... read more »

Speculation that Sainsburys CEO Justin King is being lined up to replace Bernie Ecclestone at Formula One Management has once again flared up after the billionaire refused to... read more »

Sergio Perez has admitted he hopes Telmex becomes a major sponsor of the McLaren team. With the British squad set to lose its Vodafone title sponsorship at the end of the... read more »

Boss and co-owner Vijay Mallya's financial problems do not affect Force India, deputy team principal Bob Fernley insists. This week, it emerged that lenders to... read more »

Christmas is coming so what do you get for a billionaire who runs the world's most-watched annual sport? read more »

A Singapore billionaire reveals plans for a new F1-spec circuit in Malaysia read more »

Singapore billionaire Peter Lim has outlined plans to construct a Formula 1 grade circuit in southern Malaysia. Situated in the Iskandar region, the proposed layout is 4.5... read more »

A Singapore billionaire has revealed plans to construct a new circuit in the Iskandar region of Malaysia. The development, which will be known as 'Motorsport City',... read more »

Singapore billionaire Peter Lim is planning to build a new Formula 1-compliant circuit in the Iskandar region of south Malaysia read more »

Red Bull owner Dietrich Mateschitz doesn't believe Sebastian Vettel has agreed a pre-contract to move to Ferrari in 2014, but admits if such a move did occur, there is... read more »

Force India's finances for 2013 have been bolstered following a cash injection of £50 million ($80m) for 2013, giving them an increased budget for the season.... read more »

It is well documented that Vijay Mallya is in dire financial trouble at the moment, with reported debts of $2.5 billion at his Kingfisher Airline alone. An arrest warrant was... read more »

Mexican billionaire and Sauber sponsor Carlos Slim has all but announced Esteban Gutierrez as the team's second driver for next season.... read more »

Vijay Mallya was not in a good mood when he was swamped by Indian media at his home grand prix. The Indian billionaire had been branded an "absconder" by some of his... read more »

No longer facing arrest over bounced cheques, Force India chief Vijay Mallya could still endure a trying race weekend in his native India. The Hindustan Times newspaper reports... read more »

The arrest warrant against Force India boss Vijay Mallya has been withdrawn. With the sport now set to travel to the billionaire's native country for the Indian grand... read more »

The arrest warrant issued against Force India boss Vijay Mallya last week has been withdrawn after the Indian billionaire's airline paid its outstanding bill. read more »

Force India's billionaire team owner Vijay Mallya has had an arrest warrant issued against him by the southern Indian city of Hyderabad, according to reports in the Indian... read more »