The global pandemic has had a huge impact on Formula 1's finances with the sport recording a $104m loss in the third quarter of 2020. read more »
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Haas team boss Guenther Steiner declined to name candidates for the squad's vacant 2021 Formula 1 seats in the wake of ousting both of its current drivers but suggested... read more »
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McLaren CEO Zak Brown has revealed the enforced shutdown of the team's F1 operation earlier this year due to the global health pandemic significantly helped their finances. read more »
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Gunther Steiner thinks it would have been "almost impossible" for team owner Gene Haas to have stayed in Formula 1 unless there had been a shake-up of the... read more »
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Toto Wolff says he won't comment on the financial side of Lewis Hamilton's contract renewal, but says the Brit understand the "world has changed a lot". read more »
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Ferrari CEO Louis Camilleri has confirmed that the Formula 1 team will suffer a drop in its revenues totaling "high tens of millions" this year. read more »
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Zak Brown has revealed McLaren are "financially healthy" again, despite having had to take a loan from Bahrain's National Bank in June. read more »
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Daniel Ricciardo is standing by his decision to switch from Renault to McLaren next year despite his new team struggling for finances as a result of the coronavirus pandemic. read more »
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McLaren team principal, Zak Brown, has said there was never any fear that the Formula 1 team would completely collapse due to finances. read more »
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The McLaren Group looks set to arrange a loan from the National Bank of Bahrain as it seeks the finances with to address an urgent cash shortfall read more »
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Williams has welcomed the sliding scales being introduced to Formula 1 from 2021 relating to aerodynamics and finances. read more »
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Racing Point had long been wanting to switch to the Mercedes aerodynamic philosophy but wasn't able to do so because of finances. read more »
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Ferrari CEO Louis Camilleri says F1's "drastic" loss of revenue amid the coronavirus crisis is hurting its finances in "the harshest manner". read more »
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Ferrari CEO Louis Camilleri has confirmed that without Formula 1 the company is taking "a big hit" to its finances. read more »
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Kevin Magnussen has said he will no longer be in Formula 1 if teams are forced to take on more pay drivers to help with finances. Although Formula 1 has released a revised plan... read more »
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Gunther Steiner said on the Sky F1 Vodcast that he believes Haas are "here to stay" in Formula 1 - despite fears over finances and Gene Haas' recent admission... read more »
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Williams deputy team principal Claire Williams fears that a series of cancelled races could impact the financial situation of the Grove team read more »
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Williams have posted a loss in the first half of 2019 as their continued poor form begins to be reflected in their financial records. read more »
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UK Court orders Haas F1 sponsor Rich Energy to disclose finances read more »
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Haas F1 title sponsor Rich Energy has been ordered to provide full details about its finances after being denied the chance to appeal its court case defeat. read more »
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Ferrari will have a bigger budget in Formula 1 for 2019 as it continues to chase its first world championship since 2008. Scott Mitchell and Edd Straw join Glenn Freeman to... read more »
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Racing Point team principal Otmar Szafnauer insists that the team must keep the "efficiency" from its Force India days despite boosted finances. read more »
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Force India admit they face a "critical period" as financial problems threaten the future of the team. read more »
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Although Force India grabbed a double points-haul in Germany, Otmar Szafnauer fears they are losing out in the development war due to finances. read more »
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The difference between Sauber last season and Sauber this year is "massive" according to Marcus Ericsson, from finances to staffing to performance. read more »