Currently in third place in the Constructors' Championship, Lotus has paid a hefty price for its success. The price in question is a net loss of £56.8m and it is the... read more »

Toto Wolff has confirmed that Mercedes is currently in talks with Williams over a future engine agreement, with the German marque eager to supply three outfits when McLaren... read more »

With the new regulations coming into force next season, a shuffle is expected to take place with several teams opting to switch engine suppliers. At present, Renault supplies... read more »

Former World Champion Alain Prost has said that it's up to drivers to adapt to the extreme rate of tyre wear currently seen in Formula 1. read more »

Red Bull is not currently able to match the single-lap pace Mercedes showed in Monaco Grand Prix free practice, reckons Mark Webber. read more »

Pat Fry will return to action this weekend at the Monaco Grand Prix following an operation to remove his appendix a fortnight ago. The Ferrari technical... read more »

Sergio Perez is beginning to meet what is expected of him as a McLaren driver, according to team principal Martin Whitmarsh. The Mexican hasn't had the greatest of starts... read more »

Giedo van der Garde says the Monaco Grand Prix could provide Caterham with a chance of getting close to the top 10. Caterham is currently behind Marussia in the Constructors... read more »

Currently, thanks to a clause inserted by (former president) Max Mosley named the 'Don King clause', the FIA has a veto over a change of control of the sport. This... read more »

With the confirmation that Honda will return to Formula 1 in 2015 as an engine supplier, it has prompted the question as to whether their deal with McLaren is an exclusive one.... read more »

Franz Tost says both Toro Rosso drivers could do a job for Red Bull Racing in F1 - although Daniel Ricciardo currently has the edge over Jean-Eric... read more »

Daniel Ricciardo currently has the upper-hand when it comes to negotiate a deal with Red Bull, should the sister team come knocking at Toro Rosso's door, according to team... read more »

Daniel Ricciardo knows his STR8 has more potential than it's showing at times, and he has challenged the team to widen its operating window to the make the most of the... read more »

Bernie Ecclestone is not amused with the quality of Pirelli tyres currently being offered to the Formula One teams. Ecclestone does admit though Pirelli is working hard on it... read more »

McLaren's Jenson Button and Sergio Perez have both admitted that their chances of fighting for the title in 2013 are almost non-existent after a dreadful start to the... read more »

Lotus duo Romain Grosjean and Romain Grosjean experienced contrasting experiences with tyre degradation on Friday in Barcelona with the Frenchman admitting his senior team-mate... read more »

Force India co-owner and team principal Vijay Mallya has praised a "mature" and "hard working" Paul di Resta. The Scot endured a difficult end to the 2012... read more »

For the latest instalment of a series running throughout 2013, GPUpdate.net enjoyed a candid conversation with Thierry Boutsen, who is currently making his presence known in... read more »

Felipe Massa is hoping to put the disappointment of finishing 15th in Bahrain behind at the next race in Spain by finishing on the podium. The Brazilian is yet to secure... read more »

British GP2 driver James Calado has joined Nicolas Todt’s All Road Management group. Calado, 23, is currently racing for ART Grand Prix for a second year in GP2.... read more »

Red Bull's Helmut Marko is still unhappy with the tyre situation, despite Pirelli's changes to the hard compound for the Spanish Grand Prix onwards. The Italian... read more »

Marussia's Pat Symonds believes that every Formula 1 team outside of the top four is currently experiencing financial concerns. read more »

Bernie Ecclestone has said that Caterham and Marussia will no longer receive $10m on an annual basis. The lump sum was paid to the three teams who joined the grid in 2010 but... read more »

The team which finishes 11th in the constructors' championship will no longer receive a share of the prize money under the new agreement. Bernie Ecclestone has revealed... read more »

Sebastian Vettel won't have it all his own way in 2013 according to Lewis Hamilton, who currently sits just 27 points adrift of the Red Bull driver. Vettel was... read more »