Racing Point has appointed Jefferson Slack, former CEO at Inmter Milan and commercial advisor to International Basketball Federation (FIBA) and Dorna (MotoGP) as Managing... read more »
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Formula One revenues crashed by 96 per cent in Q2 2020 compared to the equivalent period of last year according to the latest set of second-quarter results published by... read more »
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All ten Formula One teams have signed a new Concorde Agreement, which will define the governance and commercial aspects of the sport from 2021 to 2025. read more »
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McLaren, Williams and Ferrari have all confirmed today that they have signed the new Concorde Agreement that will come into force next year and will regulate the sport's... read more »
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McLaren has become the first Formula 1 team to publicly confirm that it has signed the new Concorde Agreement. Formula 1’s commercial rights holder Liberty Media has been... read more »
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Mercedes Formula One boss Toto Wolff cast fresh doubt on his future on Friday while signalling that the champions were now prepared to sign a new deal with commercial rights... read more »
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Mercedes boss Toto Wolff has criticised some of his rival F1 team bosses for being "up the arse" of Formula One's when discussing its new commercial agreement in... read more »
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Mercedes boss Toto Wolff has described rival Formula 1 team bosses as being "up the a**e of the commercial rights holder" when publicly discussing the signing of a... read more »
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Toto Wolff has insisted Mercedes are not yet ready to sign F1's new Concorde Agreement by the August 12 deadline. read more »
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Mercedes and Formula One are at loggerheads over the next commercial agreement for 2021 and beyond, with the August 12 deadline fast approaching and neither side willing to budge. read more »
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Zak Brown has revealed McLaren are "financially healthy" again, despite having had to take a loan from Bahrain's National Bank in June. read more »
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Toto Wolff believes F1's current Concorde Agreement, which is due to expire at the end of 2020, should be extended for another year. The Concorde Agreement is the contract... read more »
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The MotoGP championship's Commercial Rights Holder Dorna Sports has announced that it has reached a contract extension with the iconic energy drink company, Red Bull. read more »
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Formula One CEO and Chairman Chase Carey has revealed that the sport could soon release further details on its revised 2020 calendar after the coronavirus outbreak ha forced... read more »
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The Automobile Club d'Italia has confirmed that Formula 1's Italian Grand Prix will continue to be held at Monza until at least 2025. Monza's mayor Dario Allevi... read more »
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Formula 1 has formally released its calendar of European events for the 2020 season, with eight races planned at six venues across a two-month period. Formula 1's... read more »
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Haas principal Guenther Steiner says the team's owner Gene Haas will decide whether or not to stay in F1 based on the new commercial agreement, not a budget cap. read more »
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Formula 1's Commercial Rights Holder Libery Media has confirmed its commitment to the sport despite the fact that its revenues declined by $200 million in the first... read more »
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F1 appears to be coming close to an agreement on its new commercial agreement with new budget cap to be set at $145m read more »
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Ferrari's CEO Louis Camilleri says the lack of Formula 1 action in 2020 has had a "big hit" on its financial situation, as the manufacturer revealed its Q1... read more »
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While the sport's main participants, the FIA, the Commercial Rights Holder and the teams have voted unanimously for the implementation of various cost-saving measures,... read more »
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Mercedes director of commercial engineering says Geoff Willis says that the team are aware of the approaching electric horizon but suggests that Formula 1 will only truly... read more »
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In our latest Deep Dive episode, Geoff Willis – our Director of Commercial Engineering – explores the top of why F1 matters, discussing road car relevance, problem solving,... read more »
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McLaren are making more commercial moves with the arrival of another new sponsor in the form of Buzz and Co. read more »
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Formula 1 director of sponsorship and commercial partnerships, Murray Barnett, is set to leave his position by the end of the week. read more »