Recently reduced data reveals that despite being the only source of live coverage in the UK, and reduced subscription fees, Sky failed to pull in new fans for the Spanish GP. read more »
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Negotiations with Liberty Media about extending Barcelona's F1 race contract have not even started yet. The Circuit de Catalunya is among a handful of race promoters who... read more »
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Formula 1 teams are required to pay a sum of money before the start of the season, based on their performance the previous year. The entrance fee for Mercedes has increased... read more »
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Following the FIA's official confirmation of the 2019 entry list, the respective entry fees have now been revealed. read more »
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Between them the ten teams are to pay in excess of £13m ($17.4m) in entry fees for the 2019 F1 season. read more »
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Toto Wolff thinks that it's "understandable" that so many tracks are threatening to leave the Formula 1 calendar given how much hosting races costs read more »
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Mercedes boss Toto Wolff believes Formula 1's owner Liberty Media will find it increasingly difficult to maintain the level of income the championship has previously... read more »
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Toto Wolff has warned that the sport needs to focus more on other revenue streams, insisting that current race hosting fees are simply not sustainable. read more »
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Liberty Media needs to look at other avenues for generate income for Formula 1 with Toto Wolff stating that current hosting fees are not sustainable. read more »
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Insisting that he does want the race to remain on the calendar, the promoter of the Azerbaijan Grand Prix is seeking a reduction in the event's hosting fees. read more »
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Legendary race circuit Hockenheim is considering stopping hosting Formula 1 races, as the cost of hosting becomes too much read more »
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Following the confirmation of 2018 entry list from the FIA, the fees that each team have paid for the upcoming season have now been revealed. read more »
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Formula One follows a very complex business system and revenue share model. Teams also have to pay a large amount of money before the forthcoming season to secure a place in... read more »
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World Champions Mercedes paid over $4.6m in entry fees for the 2018 Formula 1 season, a reduction of over half a million on the previous campaign, GPUpdate.net… read more »
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"We re not delivering on track, which directly impacts their exposure... so we felt that was the right thing to do." read more »
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The future of the British Grand Prix at Silverstone has been cast into fresh doubt after the circuit's sporting director admitted it "cannot live with the present... read more »
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Threat to Silverstone remains as Chase Carey admits FOM will not reduce hosting fees. read more »
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Mercedes pays over $5m in 2017 Formula 1 entry fees read more »
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Silverstone's owners, the British Racing Drivers Club, are considering axing the British Grand Prix because of the "potentially ruinous risk" posed by hosting fees. read more »
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Malaysia sports minister admits race could be dropped as hosting fees rise and interest diminishes. read more »
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Reigning World Champions Mercedes' entry fee for the 2016 season is almost $5 million, as a result of its success in the 2015 campaign. Prior to the start of… read more »
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Bernie Ecclestone has confirmed that the Circuit of the Americas is yet to pay its 2015 hosting fees, but the F1 supremo is relaxed about the delay... read more »
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Following a shortfall in its state subsidy, Bernie Ecclestone is allowing COTA to pay race hosting fees late. read more »
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Losing a classic track like Spa-Francorchamps would be unthinkable according to Lotus deputy team principal Federico Gastaldi, who described such venues as "the lifeblood... read more »
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The future of the German Grand Prix looks bleak as Bernie Ecclestone says promoters are unwilling to pay the fees. read more »