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 »

Gene Haas has admitted that he considered buying an existing F1 team but believed it would be less expensive to start with a "clean sheet". read more »

Former Williams man Patrick Head says Formula 1 engines are "far too expensive" for what they are... read more »

The Long Beach city council are to meet during a closed session on Tuesday to discuss the possibility of putting the contract for the city's grand prix out to bid.... read more »

Red Bull owner Dietrich Mateschitz is unhappy with the 2015 budget cap proposal after expensive new regulations were introduced this year     read more »

Red Bull has been fined 25,000 for Sebastian Vettel's post-race celebrations after winning his fourth successive title today. read more »

Marussia have confirmed that they will use Ferrari power in 2014 when the new 1.6 litre V6 engine regulations come into play. The small Russian owned outfit will also use... read more »