Force India is due to announce a major new sponsor in the form of Smirnoff - the world's best selling vodka - on Wednesday. The deal, whilst not title sponsorship of the... read more »
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Lotus have announced a new sponsor for the 2014 season in the form of Danish investment firm, Saxo Bank. The company's logo will feature on the yet to be launched E22 as... read more »
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Lotus co-owner Gerard Lopez recently confirmed that the Quantum deal was no longer, but now it seems that the deal might be back on the table. Lopez's recent claim that... read more »
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Bernie Ecclestone has confirmed he has placed a bid to purchase the Nurburgring in an attempt to ensure Formula 1 remains at the historical circuit. The circuit went into... read more »
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Quantum Motorsports has completed a deal which will see it take a 35 per cent stake in the Lotus F1 Team following lengthy negotiations. The group, made up from Middle Eastern... read more »
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The Marussia Formula One team's owners are planning to clear its debts heading into 2014 after the outfit racked up a £57.6 million loss last year read more »
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Eric Boullier moves to downplay talk about the levels of debt at the Lotus team read more »
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At least for now, team owner Gerard Lopez insists he is committed to Formula One. In the past weeks, he has consistently played down the importance of the confirmed news that... read more »
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Ferrari remain hopeful that they can continue their engine partnership with customer team Sauber next season when the sport switches to V6 engines. The Swiss outfit hit some... read more »
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The proposed Grand Prix of America could still happen according to Bernie Ecclestone who confirmed their contract remains in place, despite earlier claiming the race was off.... read more »
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Reports of a continuing financial crisis at Sauber are continuing to emerge. With the Swiss team’s Russian saviour deal still waiting to be finalised, Bild am Sonntag... read more »
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Lotus team co-owner Gerard Lopez has hit back at claims the outfit is in financial crisis after reports suggested the team has debts of over £103 million... read more »
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Force India team co-owner and principal Vijay Mallya believes Formula 1 is heading toward a scenario which could see several of the smaller teams drop out due to financial... read more »
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The New Jersey Grand Prix, which will feature a Manhattan backdrop, will go ahead in 2014 according to Bernie Ecclestone, who revealed that he and F1 itself, have invested in... read more »
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Bernie Ecclestone has insisted that the entire grid of 11 teams are financially stable, and the sport won't be losing them because of budgetary problems. His comments put... read more »
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The HRT F1 Team has come in for further flack following the employee troubles it suffered a fortnight ago. A supplier to the now defunct Spanish outfit has publicly accused the... read more »
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It is well documented that Vijay Mallya is in dire financial trouble at the moment, with reported debts of $2.5 billion at his Kingfisher Airline alone. An arrest warrant was... read more »
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A non-bailable arrest warrant has been issued against Force India team owner Vijay Mallya following unpaid debts on his airline Kingfisher. The warrant has been issued by... read more »
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German Formula 1 world champions Michael Schumacher and Sebastian Vettel both share concern about the difficulties being faced by the Nurburgring. The circuit looks likely to... read more »
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The Nürburgring has been declared bankrupt by the Minister-President of Rhineland-Palatinate Kurt Beck, who explained the situation during a press conference in Mainz... read more »
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The Belgian Grand Prix at the fan favourite of Spa-Francorchamps could be set to secure an extended contract which would see the event remain on the calendar every year until... read more »
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While the twelve F1 teams share $658m for their 2010 endeavours, F1 owner CVC continues to see its debts mount up. read more »
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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 »
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Force India pays bills later than most of its Formula One team rivals, according to a report in the Daily Mail read more »