Whitmarsh was recently announced as the Group CEO of the newly-created Aston Martin Performance Technologies entity.Since leaving McLaren in 2014, the 63-year-old has mainly... read more »

Jost Capito doubts that Toto Wolff's proposal of each team having a third car is possible from a financial perspective.  read more »

Alain Prost has said the idea of expanding the Formula 1 calendar is "not stupid at all" for financial reasons, but there needs to be a limit. read more »

Ex-F1 driver Ralf Schumacher believes Haas boss Guenther Steiner's refusal to criticise Nikita Mazepin must be financially motivated. read more »

After Lewis Hamilton claimed a handful of laps behind the Safety Car were run for financial reasons, former F1 boss Bernie Ecclestone agrees. read more »

Formula 1 boss Stefano Domenicali insists attempts to start Sunday's Belgian Grand Prix were not driven by financial reasons. read more »

Stefano Domenicali has denied Lewis Hamilton's claim that the Belgian Grand Prix was restarted for financial reasons. read more »

According to the second quarter financial reports, F1 is continuing to show positive signs of recovery in the wake of the pandemic. read more »

Formula 1 posted more promising financial figures for the second quarter of 2021 compared to 2020, but there remains work to do. read more »

The improved financial situation at Williams means that the team no longer need the funding from pay drivers. read more »

With the outfit having faced years of financial headaches to keep its head above the water amid the ever-increasing costs of F1, Williams came to rely on drivers with good... read more »

Once it was clear that he had emerged unscathed, thoughts turned to the lost world championship points, and the huge gain that Lewis Hamilton was able to make by ultimately... read more »

Aston Martin's chief financial officer believes that the next "battleground" in Formula 1 will be about which team can use its budget the wisest. read more »

Identifying and closing loopholes in Formula 1's financial regulations is similar to how the sport's technical rules have historically been analysed, according to... read more »

Sebastian Vettel has slated the cost of motorsport but warned there is "no quick fix" to reduce the financial pressure of competing. read more »

Scuderia AlphaTauri has announced a new partnership with ICM.com, a UK-based global multi-regulated financial service provider and confirmed Fantom - a leading smart contract... read more »

Antonio Giovinazzi says F1 drivers who bring significant financial backing with them "deserve" their place on the grid, given their record in junior categories. read more »

F1 records improved financial results in the first quarter of 2021 as the sport begins to show signs of recovery following the nightmare of a COVID compromised 2020. read more »

Formula 1 has reported significantly improved financial results for the first quarter of 2021 (January to March), compared to the same period last year when its income was... read more »

Primary revenue rose from just $17m for January to March in 2020 to $159m for the same period this year, while total revenue was up from $39m to $180m.An operating loss of... read more »

The 2021 season marks the first year that F1 is racing under a new budget cap and financial regulations, limiting each team to spending $145 million per season.Within the... read more »

F1 introduced all-new financial regulations for the 2021 season to enforce a new budget cap of $145 million per year for each team.Within the financial regulations, F1... read more »

The FIA's World Motor Sport Council has confirmed the financial allowances in terms of damage incurred in Sprint Qualifying events. read more »

F1 introduced a new $145 million budget cap for the 2021 season, policed by an all-new set of financial regulations that worked alongside the sporting and technical... read more »

The latest changes to the 2021 FIA Financial Regulations include official confirmation of the numbers that were finally agreed after months of debate between the teams, the FIA... read more »