Lewis Hamilton and Sebastian Vettel will both forego part of their wages to help Mercedes and Ferrari survive the ongoing financial crisis. read more »
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Through the 2010s some Formula 1 teams utilised the opportunity to run non-race drivers during Friday practice at grand prix weekends. While some went on to forge successful... read more »
6
Formula 1 teams are faced with a huge challenge as a result of the ongoing coronavirus crisis. With their income practically falling to zero, they have to put any selifsh... read more »
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Aston Martin's rebrand of the Racing Point F1 team will go ahead as planned in 2021, despite continued uncertainty and concerns over the car company's financial... read more »
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Aston Martin's rebrand of the Racing Point Formula 1 team in 2021 is still on, despite warnings its parent car company could run out of money within a year read more »
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Formula 1 with its "deep pockets" will survive the ongoing financial crisis but Christian Horner wonders whether all 10 teams will be on the grid to enjoy the moment. read more »
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Alfa Romeo boss Frederic Vasseur says Formula 1 should remain "humble" at this time but acknowledges a new financial crisis could develop. read more »
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Claire Williams admits she is concerned for her team's financial stability with Formula 1 at a standstill due to the coronavirus pandemic. read more »
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In response to the financial issues caused by the COVID-19 pandemic, the FIA, Formula 1, and all 10 teams have unanimously decided to move the implementation of the... read more »
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Williams deputy team principal Claire Williams fears that a series of cancelled races could impact the financial situation of the Grove team read more »
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Though further race postponements will reduce income, there are no immediate threats to the teams despite the season possibly dropping the opening seven races. read more »
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The FIA has released its new Financial Regulations set to be introduced in F1 from 2021 to shed light on the team Cost Cap plans. read more »
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Formula One's governing body, the FIA has approved several key changes to the 2021 technical and financial regulations, but it has also implemented tweaks to the... read more »
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Andrew Green says Racing Point changed their design philosophy in 2020 thanks to having a much healthir budget than they did previously. read more »
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Formula 1’s Managing Director of Motorsport Ross Brawn is certain teams will be kept in check under the 2021 financial regulations through self-policing and potential... read more »
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The Formula One Group made a profit in 2019 for the first time in three years, financial results issued by Liberty Media have confirmed read more »
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Honda is talking to Red Bull about extending its Formula 1 future beyond 2021, but its situation is complicated by financial pressure on its road car company due to electrification read more »
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Environmental concerns, lack of government financial support and the failure to find a suitable venue causes the Danes to put Grand Prix on the back burner. read more »
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As Lewis Hamilton seeks a way for 'ordinary' youngsters to climb the racing ladder to F1, the enormous costs involved reveal the world champion has his work cut out. read more »
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Ferrari have said they are determined to ensure to future of Formula 1 and aid smaller teams, making financial sacrifices. read more »
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Racing Point Formula 1 owner Lawrence Stroll is one of two bidders for a 20% stake in troubled sportscar brand Aston Martin, according to a report in the Financial Times read more »
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Argentina is the latest country to throw its name in the hat for a spot on the F1 calendar, at least according to the country’s sports mister. Argentina hosted 21 F1 grands... read more »
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Lance Stroll is hoping for a stronger 2020 for the Racing Point F1 Team after 2019 was hindered by the financial stress of Force India and development delays of 2018. read more »
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There are fears that the extortionate cost of racing will prevent the UK from finding the next Lewis Hamilton in the future. read more »
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F1 will stick to "10 healthy teams" unless prospective new entrants can convince both the FIA and Liberty of a stable financial plan read more »