Ferrari's Sebastian Vettel believes Formula 1 needs to put the financial measures in place to keep the smaller teams in operation. read more »

In order to promote financial stability, some Formula 1 teams have already received advanced payments, says Liberty Media President and CEO Greg Maffei. read more »

Liberty Media has already stepped in to help a few of Formula 1's struggling teams, advancing payments to help them through the financial crisis. read more »

Ferrari has warned Formula One against making knee-jerk changes to its financial regulations as a result of the coronavirus pandemic. read more »

While the world is still battling the coronavirus outbreak, Formula 1 and the FIA are working on a revised calendar for the delayed F1 season in order to promote the financial... read more »

Red Bull boss, Christian Horner believes that using customer cars would not only improve the racing but pull F1 back from the financial brink. read more »

Guenther Steiner believes Haas is "here to stay" in F1 despite recent doubts over the US squad's long-term future and financial concerns caused by the... read more »

Claire Williams has praised her F1 rivals for working together, saying the financial crisis has exposed F1's "unsustainable model". read more »

Due to the ongoing coronavirus outbreak, MotoGP has implemented measures designed to ease the financial impact on the participants of the championship. read more »

Karun Chandhok says he doesn't believe any driver approached to take a pay cut would say no given the ongoing financial crisis. read more »

McLaren principal Andreas Seidl says the current pandemic must serve as the final wake-up call to address the unsustainable financial state of Formula 1. read more »

McLaren team principal Andreas Seidl believes the financial impact of the coronavirus pandemic must act as a wake-up call for Formula One. read more »

Daniel Ricciardo will take a pay cut this year, following in the footsteps of several other drivers, Renault’s Cyril Abiteboul has confirmed. With the coronavirus pandemic... read more »

Daniel Ricciardo has agreed to slash his Renault wages to help the Enstone team survive the financial crisis. read more »

Formula 1 chiefs should "shake down" the sport's financial model and slash the budget cap to $75 million amid the uncertainty caused by coronavirus, reckons FE... read more »

McLaren CEO Zak Brown sees the current crisis caused by the coronavirus pandemic as an excellent opportunity for Formula 1 to lower the cost cap even further in order to... read more »

The Haas F1 team also announced cost-cutting measures by placing the majority of its UK staff into furlough amid the financial difficulties caused by the ongoing coronavirus... read more »

The fully-electric single-seater championship, the Formula E series has announced the introduction of key measures in order to promote long-term financial stability amid global... read more »

With the ongoing coronavirus crisis, the key players of Formula 1, teams, the FIA and the governing body had no other choice than introducing a set of restrictions regarding... read more »

Nico Rosberg has said that Formula 1 will no longer be a sport if the financial situation means that teams drop off the grid when racing resumes. read more »

At a time there are genuine, well-founded, fears over the financial state of F1, teams continue to bicker over the budget cap limit. read more »

The Williams F1 Team and the Formula 1 Organisation have introduced measures to react to the increasing financial troubles caused by the COVID-19 outbreak. read more »

McLaren boss Zak Brown fears up to four teams could drop out of F1 and feels the sport must overhaul its financial practices to avoid "potentially devastating"... read more »

While much has been written about the financial difficulties the teams, and indeed F1 itself, may face the longer the coronavirus pandemic continues, little thought has been... read more »

Race promoters want financial help from Formula 1's bosses if they are to make their plans for an 18-race calendar in 2020 possible. read more »