Valencia, the host of the European Grand Prix from 2008 to 2012, is attempting to officially cancel its Formula 1 race contract, according to reports in the Spanish Media. read more »

Pirelli's Paul Hembery has described the current situation surrounding Formula 1's tyre supply contract "bizarre" as the Italian company is yet to receive... read more »

The Valencia street circuit looks unlikely to return to the F1 calendar next season, with officials in talks to end the contract early     read more »

Pirelli motorsport boss Paul Hembery has described the Formula 1 tyre contract situation as "bizarre". read more »

Paul Hembery believes Pirelli are in the "most bizarre situation" given that they still do not have a contract for next year's Championship... read more »

Pirelli is in "the most bizarre situation" with ongoing uncertainty over its 2014 contract, according to motorsport director Paul Hembery read more »

Paul Hembery has admitted he would like to organise another 1000 kilometre tyre test, although the last one with Mercedes’ 2013 car was highly controversial. Indeed,... read more »

Ferrari president Luca di Montezemolo has revealed that he has spoken with Felipe Massa about his recent form - which he warns hasn't been good enough to secure his future... read more »

The organisers of the Russian Grand Prix, which is supposed to form part of the 2014 calendar, have missed the deadline to submit its application to the FIA. The organisers... read more »

Tyre manufacturer Michelin may be about to announce a bid for the exclusive contract to supply F1 tyres, according to reports in the German press this... read more »

Bernie Ecclestone says the Indian Grand Prix is likely to be dropped from the schedule next year, despite its contract running until 2015. read more »

Bernie Ecclestone has signed an extended contract to ensure the Hungarian Grand Prix remains on the calendar until 2022 read more »

Bernie Ecclestone formalises six-year extension to Hungarian Grand Prix deal.     read more »

The Hungarian Grand Prix has cemented its place on the Formula 1 calendar after agreeing a new five-year extension to its current contract. Bernie Ecclestone and Hungary's... read more »

The Hungarian Grand Prix will remain on the Formula 1 calendar until at least 2022. Organisers of the event signed a deal with Bernie Ecclestone on Sunday morning prior to the... read more »

The Hungaroring has extended its Formula 1 race contract through 2021, marking a five-year extension to the previous agreement that was due to expire in 2016. read more »

The news that James Allison will join Ferrari may not have been officially announced, but it's well known that the former Lotus technical director is heading their way.... read more »

The long wait for a new Concorde Agreement - the document which govers how the sport is run and how the prize money is distributed - looks to be over after the FIA and FOM... read more »

Amid suggestions Red Bull is preparing a 2014 contract for Daniel Ricciardo, Kimi Raikkonen’s manager insists the Finn is still in the running. “The facts,... read more »

Ferrari looks set to buy out the remainder of former technical director James Allison’s Lotus contract. That is the claim of Finland’s Turun Sanomat... read more »

Felipe Massa has admitted he could drive off the grid altogether if Ferrari does not extend his contract beyond 2013. The well-connected Brazilian newspaper O Estado de S.Paulo... read more »

Nico Hulkenberg has dismissed speculation about his immediate future, describing the recent rumours that he will leave Sauber before the end of the current season as... read more »

James Allison has completed a move to Ferrari which will be welcome news for Fernando Alonso who was keen to work with the Briton again. The former Lotus technical director had... read more »

Peter Sauber has admitted the recent media coverage of his Formula One team’s financial crisis is “extremely” hurtful. Amid rumours Nico... read more »

Sauber are confident they will overcome their current financial difficulties and are certain they will be on the grid next season. Rumour had circulated the paddock suggesting... read more »