FIA president Jean Todt believes Formula 1 cars need to become simpler, cheaper and less reliable, ahead of a meeting with leading manufacturers in Paris on Friday read more »

FIA president Jean Todt has said Formula 1 "needs action and emotion" if the sport is to have a successful future with new owners Liberty Media. read more »

Formula 1 is too expensive, too complicated and the cars are too reliable, according to Jean Todt, president of governing body the FIA. read more »

Villeneuve: F1 should be too fast, expensive and crazy read more »

The British Grand Prix has nine months to secure its Formula 1 future beyond 2019 as it has become "too expensive", BRDC president Derek Warwick has revealed to Autosport read more »

Max Verstappen insists that he will put an expensive weekend in Monaco behind him and turn his attention to atoning in Montreal after tasting the flip-side of his Spanish F1... read more »

Despite Ferrari being against 'normally aspirated' engines, team racer Sebastian Vettel has pleaded for Formula 1 to introduce them as the current cost of power units... read more »

Formula One is due to scrap its controversial engine token system by 2017, according to Renault Sport F1's managing director Cyril Abiteboul. The token system was designed... read more »

Michelin motorsport boss Pascal Couasnon believes that Formula 1 can survive a new tyre war despite calls that it would result in a new spending war. The French firm, who... read more »

FIA president Jean Todt has finally admitted that engine costs in Formula 1 are far too high following the switch from V8 engines to hybrid turbo-V6 power units. The Frenchman... read more »

Renault has ruled out continuing in its current position as an engine supplier, citing high costs and a low marketing return as the main reasons. The French manufacturer has... read more »

Mercedes boss Toto Wolff admits that the return of refuelling could be abandoned if it is thought it will drive up costs. read more »

On Thursday, Formula 1's Strategy Group agreed to reintroduce refuelling during races in 2017. However the proposal could yet be ditched according to Mercedes motorsport... read more »

Hours after F1 fans applauded the news that refuelling could return in 2017, Toto Wolff says it won't if it proves to be "too expensive"... read more »

Formula 1 boss Bernie Ecclestone says the sport is too expensive and claims that it has many problems that need to be resolved. read more »

Red Bull team boss Christian Horner has suggested that Formula 1 ban the use of windtunnels in an effort to dramatically reduce costs. Cost-cutting measures remain a hot topic... read more »

How a penniless privateer took on the world's most expensive sport in the middle of the credit crunch - and won. read more »

Formula 1 looks set for a radical overhaul in the next two years after the green light was given on Thursday to implement a major shake-up of the technical rules. A proposal... read more »

Formula One is possibly one of the most expensive, if not the most expensive sports to participate in. This has led to many to complain ... read more »

Force India's financial future isn't in jeopardy according to deputy team principal Bob Fernley, despite the team's name featuring heavily when it comes to... read more »

Red Bull Team Principal Christian Horner says that the outfit would be unable to run a third car within its existing budget. The concept of three-car teams has been a prevalent... read more »

Christian Horner says Red Bull could not afford to run a third car if requested to for 2015 and insists it is not a scenario the team is actively pushing for read more »

Mercedes motorsport boss Toto Wolff has offered Ferrari a new calculator after the Italian team remarked that lifting the engine freeze wouldn't result in higher costs.... read more »

Contract negotiations between reigning world champion Sebastian Vettel and Red Bull may now be in full swing. On Tuesday, rampant speculation that the German could be about to... read more »

Formula 1's 11 teams have failed to unanimously agree on delaying FRIC (front to rear inter-connected) suspension systems until 2015, meaning the system will be classed as... read more »