Liberty Media has revealed the substantial financial losses suffered by the Formula One Group owing to the ongoing coronavirus pandemic. On Thursday the corporation revealed... read more »

Liberty Media's financial figures for the first quarter of 2020 have revealed the Formula 1 Group has been hit by a 84% reduction in revenue due to the COVID-19 crisis read more »

Formula 1's budget cap will ensure the championship remains sustainable for each team, according to Ferrari, will retaining its status as the premier motorsport category.... read more »

Ferrari's CEO Louis Camilleri says the lack of Formula 1 action in 2020 has had a "big hit" on its financial situation, as the manufacturer revealed its Q1... read more »

McLaren Racing CEO Zak Brown says the big teams are risking the entire existence of F1's future through their unwillingness to agree to major financial changes. read more »

Ralf Schumacher believes that Mercedes could leave Formula 1 at the end of 2020. read more »

Formula 1 will not be able to escape the difficult financial times that will hit once the world returns to normal, so what changes can be made to ensure the future of the sport? read more »

Hopes of a race taking place at Zandvoort this year rests on whether Formula 1 will provide the circuit with financial support, says Dutch Grand Prix sporting director Jan Lammers. read more »

Mercedes motorsport boss Toto Wolff has revealed the astonishing financial value of his team's success in Formula 1. read more »

According to reports, F1 is set to provide Silverstone with financial backing to ensure that the British Grand Prix can go ahead as planned.  read more »

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 »