While the pandemic has highlighted the fragility of some teams, indeed the sport itself, moving forward such measures as the budget cap give cause for optimism. read more »
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There are no doubts over McLaren’s future in Formula 1, despite the financial difficulties the company has found itself in this year. The McLaren Group, which consists of the... 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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McLaren insists that there was never a risk of the team being unable to continue in Formula 1 next year, despite the financial difficulties it has faced over recent weeks read more »
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McLaren team principal Andreas Seidl has revealed there was "never a doubt" the marque would not be on the Formula 1 grid despite its recent financial crisis. read more »
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McLaren's immediate financial concerns have been eased following the agreement of a £150million loan with the National Bank of Bahrain [NBB]. read more »
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Great news from McLaren with Zak Brown saying their financial problems have been "solved" with an announcement coming before the week is out. read more »
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McLaren are set to address their financial worries by arranging a loan from the National Bank of Bahrain (NBB) to provide a £150m cash injection next month. read more »
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McLaren's financial troubles could be worse than initially thought with the company facing insolvency by '17 July 2020', according to Forbes. read more »
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McLaren is facing a key court case on the eve of the season-opening Formula 1 grand prix in Austria as it seeks to secure its financial future. read more »
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McLaren takes legal action to allow it to secure "urgent" refinancing to address what it says is "severe and unexpected financial difficulty". read more »
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Andrew Green says the budget cap will benefit Racing Point as other teams will need to downsize their workforce to comply with the regulations. read more »
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For financial reasons, Haas won't develop their car until the future of the 2020 season is clearer, Guenther Steiner has said. read more »
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In today's F1 Gossip, McLaren considering selling stake in team, Hamilton praised for F1 diversity push and Steiner on how the coronavirus crisis explosed the sport's... read more »
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Jamie Chadwick has signed for the Italian Prema team after receiving financial backing from Rodin Cars' multi-millionaire boss David Dicker. read more »
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Formula 1 believes its raft of changes will provide the smaller and midfield teams with the financial sustainability they have been desperately seeking. read more »
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Formula 1’s head of motorsports, Ross Brawn, is hopeful the sport’s new rules will help Williams in its search for a buyer for the historic team. The team was recently put up... read more »
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Despite financial concerns and a disappointing 2019 campaign, Guenther Steiner believes Haas F1 are "here to stay." read more »
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The Williams Grand Prix Holdings annual report has provided more financial detail about the company even on events that occurred outside the reporting period. read more »
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Mercedes and Renault have both moved to deny the recent exit rumours that suggested that the German and the French manufacturer could leave Formula 1 due to the financial... read more »
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Williams has announced it is considering selling the Formula 1 team after a dip in the company's financial results. read more »
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Announcing disastrous financial results for 2019 and strategic view moving forwards, Williams admits that one option is selling the F1 team. read more »
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Williams has announced that it has served notice to terminate relationship with title partner ROKiT, in the wake of the release of its financial results on Friday. Williams... read more »
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McLaren's financial struggles have been reflected in their Q1 financial records for 2020, reporting a revenue loss of £175million in the first quarter. read more »
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McLaren has backed the changes made to Formula 1's Financial Regulations but says the restructure will lead to the "painful task" of reducing headcount. Formula... read more »