Scuderia AlphaTauri boss Franz Tost says the impact of the COVID-19 pandemic "opened the eyes" of Formula 1 teams over the unsustainable financial nature of the series read more »

Claire Williams has admitted relief about the sale of her family's F1 team as she had been "fed up" of not having the funds necessary to move forwards. read more »

Guenther Steiner has claimed the sponsorship package provided by new rookie driver Nikita Mazepin has helped provide Haas with financial stability in Formula 1. read more »

Haas team principal Guenther Steiner has claimed 'pay drivers' will always have an advantage in Formula 1 over those with no financial backing. read more »

The Financial Times has reported that Formula 1 are holding "active" talks with Amazon over a deal to stream races. read more »

Despite the huge financial benefits that it brings, McLaren CEO Zak Brown says he was thinking more about prestige when the team secured P3. read more »

McLaren Formula 1 team chairman Zak Brown insists that the team's jump to third place in the world championship is more about prestige than any financial benefit read more »

McLaren is now in a position where it can 'have its cake and eat it' in the wake of the financial shot-in-the-arm that has re-energised the Formula 1 team. read more »

Racing Point’s Lance Stroll says he is “fuelled” by critics “who hope he fail” on account of the financial backing he has received in his career. Stroll stepped up to Formula 1... read more »

Guenther Steiner admits there was a "big chance" Haas would have had to quit F1 due to the financial challenges posed by the COVID-19 pandemic. read more »

All 10 Formula 1 teams have signed up to compete through 2025 but Guenther Steiner says there was "a big chance" that Haas could have left the championship. Haas... read more »

Dr Helmut Marko believes Formula 1 could be in serious financial trouble if the global health pandemic continues to disrupt the sport. read more »

Christijan Albers says that financial factors will influence who Red Bull puts alongside Max Verstappen, making Sergio Perez the favourite. read more »

Formula 1 chief Casey Carey believes Honda's decision to withdraw from Formula 1 is down to financial pressure. read more »

Romain Grosjean was surprised that both he and Kevin Magnussen were axed by Haas for 2021, a decision explained to him as a financial one. read more »

Romain Grosjean has revealed Haas team boss Guenther Steiner told him he needed two new drivers "for financial reasons". read more »

Romain Grosjean says Haas' decision to drop both of its drivers for the 2021 Formula 1 season was simply down to financial reasons. read more »

Romain Grosjean claims that he and teammate Kevin Magnussen were dropped by Haas for "financial reasons". read more »

Romain Grosjean says he was surprised when Haas Formula 1 boss Guenther Steiner told him that both current drivers would be dropped for 2021 for financial reasons read more »

Romain Grosjean says he was informed by Haas that the decision to retain neither him nor Kevin Magnussen for the 2021 Formula 1 season was taken for financial reasons. Grosjean... read more »

Outgoing Haas driver Romain Grosjean has revealed the team's hunger for financial backing was the reason he has been axed along with team-mate Kevin Magnussen. read more »

McLaren says Formula 1's move to impose factory closures during the coronavirus lockdown period was key to its team not being held back by early year financial headaches read more »

McLaren believe the financial implications of the global health pandemic on Formula 1 will continue through to next year. read more »

Zak Brown has dismissed talk that McLaren's intention to sell its factory signals further financial difficulties for the Woking-based team. read more »

McLaren is set to put its Formula 1 and automotive factories up for sale in a bid to secure much needed funds as a result of the coronavirus pandemic. McLaren’s financial... read more »