Circuit of The Americas has responded to Formula One Management’s contract requirements by agreeing to an immediate cash payment of the sanctioning fee for the 2012 United... read more »
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Bernie Ecclestone has warned that Europe may be left with as few as five Formula 1 races in coming years, with the continent currently suffering a financial crisis as the sport... read more »
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Stuttgart-based car manufacturer slashed the amount it spent in F1 by half last year according to a report by the Financial Times in Germany. read more »
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Nov.16 (GMM) F1's corruption scandal has taken a fresh twist this week. The Financial Times reports that Stephen Mullens, Bernie Ecclestone's long-term deputy who... read more »
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Ross Brawn is confident FOTA can survive the RRA disagreement but suggests that its best for the organisation to bow out of financial debates... read more »
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Oct.24 (GMM) Formula one teams have appointed a company to assess the sport's media value ahead of crucial negotiations over the next Concorde Agreement. The... read more »
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The Renault Formula 1 team is poised to forge much closer ties with Group Lotus, AUTOSPORT has learned, with sources suggesting the outfit's owner Gerard Lopez is to take... read more »
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F1 CEO Bernie Ecclestone has labelled the Formula One Teams Association (FOTA) "unnecessary", insisting its members' financial interests are best served by him read more »
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Gerard Lopez, co-owner of the Renault F1 team, has insisted that his outfit isn't in any financial trouble, amid mounting speculation to the contrary. Lopez bought read more »
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Sep.27 (GMM) Jailed banker Gerhard Gribkowsky will appear in court late next month over the formula one bribery scandal. The Financial Times said his October 24 court date... read more »
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Renault co-owner Gerard Lopez insists his team is not in financial trouble and is not concerned if it continues to make a loss read more »
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Red Bull owner Dietrich Mateschitz rubbishes claims that Toro Rosso is up for sale, far less already sold. read more »
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Renault's F1 team made a substantial financial loss last season, prior to the manufacturer's withdrawal, and speculation about its future refuses to go away. read more »
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Williams Grand Prix Holdings have released of a positive set of interim financial results for the first half of this year... read more »
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Williams Grand Prix Holdings PLC has announced its interim results for the six months to 30 June 2011. read more »
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Williams Grand Prix Holdings PLC (“Williams” or the “Group,” Ticker: WGF1) today announced its interim results for the six months to 30 June 2011. Williams is the holding... read more »
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Amidst claims that investors in CVC are to complain about the way it has handled the Gribkowsky scandal, BayernLB's chief financial officer gives original deal the all-clear. read more »
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Aug.30 (GMM) Renault team owner Gerard Lopez has confirmed his interest in buying into Spa-Francorchamps. The fabled Belgian circuit is a favourite among drivers and fans,... read more »
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Aug.30 (GMM) Investors in F1 rights owner CVC are set to ask tough questions at a forthcoming meeting, the Financial Times is reporting. One "large European... read more »
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Organisers of the United States Grand Prix track under construction in Austin have denied that work has been halted as a result of financial problems. Reports read more »
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HRT team principal Colin Kolles insists that his team is on strong financial footing while other teams may not be... read more »
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The BBC's head of F1, Ben Gallop, admits the new deal to share coverage of F1 with Sky Sports was a financial one... read more »
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The Sauber F1 Team has announced that it terminates the partnership with the Money Service Group with immediate effect. The Austrian company reportedly did not fulfill its... read more »
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Jul.28 (GMM) Investors in F1's owner CVC Capital Partners are worried about the Gerhard Gribkowsky bribery scandal, the Financial Times has reported. The report said the... read more »
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Following much speculation, the Circuit of the Americas – home of the returning United States Grand Prix from 2012 onwards – has received financial backing... read more »