Assets of the newly-defunct formula one team HRT have been bought. Spain's AS newspaper reports that Teo Martin, a well-known automotive component recycler, has bought... read more »

It has been revealed that chassis used by the Spanish team in 2011 and 2012 have been sold to a Spanish scrap-dealer, while another has been bought by Pirelli for promotional... read more »

A Madrid based recycling company has purchased five cars previously used by the defunct HRT team. Company owner Teo Martin confirmed that he has acquired three F112s, used in... read more »

Pitpass reveals that not only was CVC the highest bidder when it bought F1 in 2006, it initially offered to pay £255m ($400m) more than the price it eventually got the sport for. read more »

Gerard Lopez says he has no plans to sell the Lotus F1 Team, despite expressing an interest to do so last season. The businessman behind Genii Capital went as far as contacting... read more »

Red Bull team principal Christian Horner has extended his contract to remain with the Milton Keynes outfit for "several years" despite interest from Mercedes. The... read more »

It is looking increasingly likely that the grid will shrink to just 22 cars next season as speculation that the HRT team won't find a buyer in time mounts. The... read more »

The HRT team has been put up for sale by its current owners Thesan Capital, who bought the outfit in mid-2011 from former owner Jose Ramon Carabante. The team... read more »

On the back of his demand to be left alone whilst driving, Abu Dhabi Grand Prix winner Kimi Raikkonen has bought T-shirts for every member of his Lotus team, each bearing the... read more »

BBC Radio 2 DJ Chris Evans has bought Donington Park's iconic Dunlop Bridge during a charity auction. The structure, which sold for around £300, was famously... read more »

Up to 6,000 Formula 1 fans who bought tickets for the Belgian Grand Prix at Spa-Francorchamps might not be able to attend the event because their tickets may not arrive,... read more »

Formula 1 fans were left fuming after they were unable to enter the circuit due to gridlock on the roads entering the track on Friday. With major improvements to the access... read more »

One of F1's new owners has bought even more of the sport, it has emerged. Amid expectations last month that the Singapore floatation was going ahead, the US based asset... read more »

One of F1′s new owners has bought even more of the sport, it has emerged. Amid expectations last month that the Singapore floatation was going ahead, the US based... read more »

Dany Bahar has been suspended from his role as chief executive officer of the Lotus automotive group. Bahar was instrumental in relaunching the Norfolk based car company,... read more »

Between them, Waddell & Reed, BlackRock and Norges have bought 21.3% of CVC's stake in Formula One, but for their £1bn they don't get a say in the running of the... read more »

Even ahead of F1's Singapore floatation, the sport has some new owners. Reuters, the specialist financial market news agency, said US-based asset managers Waddell and... read more »

Feb.9 (GMM) HRT's tumultuous history could be set to continue, if a report in an authoritative German newspaper is right. Die Welt claims Thesan Capital, the... read more »

HRT could be up for sale again less than a year after being bought by Madrid-based investment company Thesan Capital. read more »

HRT’s tumultuous history could be set to continue, if a report in an authoritative German newspaper is right. Die Welt claims Thesan Capital, the Madrid-based... read more »

Lotus F1 driver Kimi Raikkonen has said that he considered ending his driving career at the end of the 2009 season after Ferrari bought out the remaining year of his contact,... read more »

Jan.30 (GMM) Force India's new investor Subrata Roy wants the Silverstone based team to be like Red Bull. That is the claim of fellow Indian billionaire Dr Vijay Mallya,... read more »

HRT is one of the teams who have yet to officially announce their second driver for 2012. Tonio Luzzi states he has a valid contract for this new season, but it was signed with... read more »

Jan.10 (GMM) Formula one was in "a lot of trouble" some years ago before the commercial rights were bought by CVC. That is the claim of Donald Mackenzie, who on... read more »

Michael Schumacher has insisted that only a ‘small step’ lies between Mercedes and more success in Grand Prix racing. The silver arrows, which bought out... read more »