The average expenditure of an F1 team has been almost halved since 2009 thanks to FOTA's Resource Restriction Agreement - but one competitor's budget still dwarfs... read more »

It has been revealed that the future home of the United States Grand Prix has lost government backing of 25 million dollars (15.4 million pounds). As reported by Austin’s NXAN,... read more »

Formula One hopeful Dani Clos is set to bank €1 million of his budget towards making his grand prix debut next season read more »

Narain Karthikeyan is confident HRT has enough funding in place for the upcoming season, but expects its second driver to bring some sort of budget to the team read more »

Red Bull's Renault engines will be renamed Infiniti this season in a move that will boost the world champion team's budget by at least £7m. read more »

Red Bull boss Dietrich Mateschitz believes his Formula 1 team has only the fourth largest budget in the sport - as he dismissed suggestions it overspent en route to capturing... read more »

Last week Williams released a statement which seems surprising. The team said "our 2011 budget is already contracted. We don't need new funds." This is an... read more »

Red Bull Team Principal Christian Horner has refreshed talk of a Formula 1 budget cap, with such a scheme having been thought up two years ago only to be heavily criticised by... read more »

Christian Horner reveals that teams are talking about a possible budget cap for F1 to remove arguments over spending under the Resource Restriction Agreement read more »

The idea of budget caps in Formula One triggered a political war two years ago, but it is back on the agenda now according to Red Bull boss Christian Horner read more »

It is the irony of all ironies. Despite F1's teams reacting so strongly to the FIA's proposal of a budget cap in 2009 that they threatened a rival series, we find out... read more »

Williams Grand Prix Holdings PLC (Williams) today released the price range of the shares offered in its IPO. The range will be EUR 24 to EUR 29 per share with a nominal value... read more »

The Sauber team has insisted that new driver Sergio Pérez is not part of the team only because of sponsor Telmex, which joins the squad and is believed to be contributing to a... read more »

Uncertainty over whether any Formula 1 teams did overspend last year will remain until at least early March, Ferrari team principal Stefano Domenicali believes, with the final... read more »

A report has cast some light upon the speed with which F1 teams settled their financial debts in 2010 - and despite a 1.3 billion budget between them, some weren't very... read more »

Former FIA President Max Mosley has confessed that it was Ferrari's support for him during his legal battle with the News of the World back in 2008 that killed his planned... read more »

Former FIA president Max Mosley has admitted the fact Ferrari backed him during his legal battle with the News of the World meant his desire to press ahead with budget caps was... read more »

Virgin Racing Team Principal John Booth has moved to silence any paddock gossip that the outfit may be in need of a significant cash injection ahead of its second season of... read more »

Having met in Singapore last weekend, FOTA have agreed an extension to the current Resource Restriction Agreement... read more »