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 »

Lotus Team Principal Eric Boullier has accused the sport’s three richest teams of banding together to block measures to reduce budgets in Formula 1, with the... read more »

Williams has backed the proposed return of in-season testing next year, but says it must be carefully controlled in order to accommodate teams with smaller budgets. read more »

As Bernie Ecclestone reveals that the teams self-imposed budget regulations are taking the sport ever closer to Fantasy F1, he gives insight into who would comprise his perfect... read more »

Ferrari's infamous 'Horse Whisperer' has rubbished claims that Fernando Alonso earns an estimated £24 million per annum in driver wages. A report... read more »

Dec.2 (GMM) Red Bull's long-term commitment to formula one depends on track success and the marketing value, Dr Helmut Marko has admitted. The UK-based, Austrian team... read more »

Nov.1 (GMM) Despite Sebastian Vettel's recent success and his continuing dominance, Red Bull chiefs were a little unhappy with the back to back champion in India. Bild... read more »

Oct.10 (GMM) Success is helping Red Bull to lower its formula one team budget, owner Dietrich Mateschitz revealed on Monday. The Austrian billionaire was speaking the day... 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 »

The Formula One Teams' Association is to investigate claims that some teams overspent their allowed budgets last season. read more »