Formula 1 will introduce a budget cap from the start of 2015, with basic terms being agreed at a meeting of the sport's Strategy Group and Commission in Paris on Monday. read more »

The FIA has announced that a budget cap will be implemented from the start of the 2015 Formula 1 season. The F1 strategy group and F1 commission met in Paris on Monday where a... read more »

A budget cap will be introduced in Formula 1 from the start of 2015.A budget cap will be introduced in Formula 1 from the start of 2015. read more »

Mercedes are favourite to take the 2014 title according to rival team boss Martin Whitmarsh, despite Red Bull's recent dominance which has seen them win everything for the... read more »

Last week Ferrari's infamous Horse Whisperer reappeared with an intriguing article that left many scratching their heads in confusion. read more »

Romain Grosjean has admitted he is not sure if Lotus’ money problems have been solved. The Enstone based team had been delaying signing its preferred option to... read more »

Max Chilton expects to remain with Marussia in 2014 despite speculation that McLaren are pushing for the outfit to run Kevin Magnussen next year. The Briton hasn't made a... read more »

Red Bull has Infiniti, Mercedes has Petronas, McLaren has Vodafone...the list goes on. Yet Lotus has yet to sign a title sponsor despite now being classed a 'top'... read more »

Deputy boss Claire Williams insists she is “happy” with the Oxfordshire based team’s budget for 2014. Her comments come amid reports many teams on... read more »

McLaren are confident of a highly successful future with Honda according to team principal Martin Whitmarsh. The Japanese company announced its return to Formula 1 as an engine... read more »

Kamui Kobayashi has expressed hope that the trend for Formula 1 teams to recruit drivers who provide a budget will soon change, as the Japanese plots a route back to a race seat. read more »

Amidst talk that a "top IndyCar team is to enter Formula E, it is revealed thast the new, electric series will apply a budget cap - an idea which F1 has been toying with... read more »

Kimi Raikkonen says he faces a "difficult" decision ahead of the 2014 season as to where he will be driving, following Mark Webber's decision to quit Formula 1.... read more »

Formula One teams face a massive 150 per cent hike in the cost of their 2014 engine supply when the sport switches to turbo-charged V6 power units. At present, engine supply to... read more »

F1 float prospectus reveals that before a single race begins, Ferrari is guaranteed prize money pretty much equivalent to Marussia's entire annual budget. And that's... read more »

Romain Grosjean believes Lotus' hopes of success this season hinge on whether it can assemble a large enough budget read more »

Lotus's chances of hanging on in the 2013 Formula 1 title battle depends on its financial resources, reckons Romain Grosjean. read more »

Despite the uncertainty regarding the future of a number of F1 teams, Bernie Ecclestone insists that there is no need for a budget cap. read more »

McLaren team principal Martin Whitmarsh has hit out the amount of pay drivers in Formula One at present, and says some of them are "fundamentally not good enough" to... read more »

Red Bull boosted its F1 budget last year due to increased promotion of its back-to-back championships. Perhaps ironically, the more it wins, the more it spends. read more »

Kamui Kobayashi has conceded he will not drive in Formula One in 2013 despite raising a budget of €8 million though his personal website read more »

Kamui Kobayashi has confirmed what many of his fans had feared. The Japanese driver won't be racing in Formula 1 in 2013 after failing to secure a competitive seat.... read more »

Formula One veteran Peter Sauber singled out a cost reduction for teams as the sport’s main challenge in the current era. Sauber, who relinquished the role of team... read more »

Timo Glock believes a bigger budget is key for Marussia if the team is to make a significant step forward in the Formula 1 field read more »

The F1 Times gambling contest between Ryan Wood (Editor) and Daniel Chalmers (Feature Editor) heads to the last round in Sao Paulo for the Brazilian GP. Both men have a budget... read more »