Formula 1 has started the current season very strongly in financial terms as the first quarter of 2024 saw the sport achieve 45% increase in revenue compared to the same period... read more »
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Andretti have been faced with several significant challenges in their bid to enter Formula 1 - and they could be handed a huge financial blow if they want to join the grid. read more »
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Ford isn’t concerned with the experience deficit it and partner Red Bull boasts compared to other Formula 1 engine manufacturers as it works towards the 2026 rules. The... read more »
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Nico Hulkenberg's salary increase from Haas to Sauber has been revealed read more »
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Audi Formula 1 boss Andreas Seidl has admitted that the team have the financial power to attract the best driving talent to their lineup, but disagreed with a comment made by... read more »
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Sauber Formula 1 CEO Andreas Seidl has said Audi is not aiming to entice drivers through financial means amid rumours Carlos Sainz is mulling a sizeable proposal. Audi is... read more »
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The Mercedes Formula 1 team suffered its first winless season since 2011 last term but off-track, there are reasons for the Brackley-based outfit to be positive as parent... read more »
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Liberty convinced local authorities and major casinos to back the project and allow the city to be closed down, and for the first time the organisation also served as promoter... read more »
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McLaren Chief Executive Officer Zak Brown claims that all 10 teams on the 2024 Formula 1 grid are “well north” of a £1 billion valuation. Brown gave this and other insights... read more »
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After years of financial struggles, Bahrain's Mumtalakat is looking to sell its stake in the iconic British car manufacturer McLaren. read more »
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The double diffuser Brawn BGP 001 2009 double diffuser detail viewPhoto by: Giorgio PiolaFirstly, let's wind it back to 2009, a turbulent period which had seen Honda quit... read more »
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Red Bull is reportedly considering a shift in focus for Chief Technical Officer Adrian Newey amid the financial constraints imposed by Formula 1’s budget cap. In an attempt to... read more »
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McLaren insist they have the financial firepower to pay Lando Norris the type of big-money deal to keep him long-term. read more »
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Prazer also holds a similar title for the F1-run Las Vegas GP, having been a key player in the development of the street event ahead of last year's inaugural race.She will... read more »
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Sauber Team Representative Alessandro Alunni Bravi has stated the team will continue to add Formula 1 personnel ahead of the planned Audi takeover in 2026. Following BMW’s sale... read more »
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Fernando Alonso has expressed regret that he’s never had the chance to work with Formula 1 design maestro Adrian Newey, who he describes as a “legend of the sport”. Newey, who... read more »
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Since 2021, F1 teams have had to operate under a budget cap limit which was introduced to put grand prix racing on a more stable financial platform.The evidence of the past few... read more »
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After a financial squeeze led to downsizing, the team employed just 220 people prior to the takeover by Finn Rausing in 2017.With new investment in place, the team grew in... read more »
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The FIA has reiterated its stance on the governing body’s financial situation after former President Jean Todt dismissed claims of a monetary deficit. Todt was adamant in his... read more »
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Former FIA President Jean Todt has responded to claims made by current President Mohammed Ben Sulayem that he left the FIA with a financial deficit at the end of his tenure.... read more »
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Todt spoke to L'Equipe this week and took aim at comments from current president Mohammed Ben Sulayem, who has repeatedly said he inherited a tricky financial deficit when... read more »
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Ben Sulayem took over from Todt at the end of 2021, and has pointed out several times that one of the biggest headaches he has had to deal with was a deficit that he inherited... read more »
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Following the season-closing Abu Dhabi Grand Prix, Formula One's governing body, the FIA have confirmed tweaks to the Sporting, Technical and Financial Regulation for the... read more »
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The new Formula 1 based film is reportedly facing financial issues after allegedly spending $20 million on creating replica F1 cars, despite having the actual cars available to... read more »
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Sainz ran over a metal water valve cover that had come loose and destroyed the chassis, power unit and energy store of his SF-23.A precedent for compensation was set after an... read more »