The FIA Cost Cap Administration has confirmed that all ten teams on the Formula 1 grid were compliant with the financial regulation for the 2022 season. The cost cap, which... read more »

Each team will receive a certificate of compliance for meeting the cap between 1 January 2022 and 31 December 2022, which stands at a base of $135 million plus extras.This... read more »

Haas has this week announced that it will retain driver duo Nico Hulkenberg and Kevin Magnussen for 2024.Team principal Guenther Steiner praised their experience, with Haas... read more »

The introduction of the cost cap for the 2021 season intended to close up the competition between F1 teams, by reducing the effect of the top teams' financial... read more »

Ferrari boss Frederic Vasseur has described Red Bull's penalty for breaching F1's financial regulations in 2021 as "a big joke". read more »

Despite financial restrictions with the F1 cost cap, Aston Martin still have scope to develop their 2023 package amid a mid-season drop in performance. read more »

Williams team boss James Vowles has been seeking greater capital expenditure freedom for his squad, after discovering that its facilities are well down compared to many... read more »

Formula 1's revenue for the second quarter fell to $141m (£110m), with their funds impacted by the cancellation of the Emilia Romagna Grand Prix. read more »

Liberty Media have admitted the Las Vegas Grand Prix has been affected by rising costs - but the company are confident the event will still be a financial success. read more »

The cancellation of the Emilia Romagna Grand Prix meant that the sport has recorded a minus sign in the revenue and earnings columns in the second quarter of 2023 according to... read more »

The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. read more »

Since 2021, Formula 1 teams are running under a cost cap to keep control of their spending. The sport introduced the financial ceiling to move the field closer and give the... read more »

Christian Horner has revealed Red Bull were "several million" below the F1 cost cap in 2022, amid ongoing fieldwork from the FIA into last year's financial... read more »

The subject of extra 'capex' headroom within the FIA financial regulations has emerged in recent months as a way of attempting to level the playing field, and thus... read more »

George Russell has called on the FIA to hand out harsher penalties to "second-time offenders" amid speculation that three F1 teams have fallen foul of the financial... read more »

The FIA's Single-Seater Financial Regulations Director (F1-FE), Federico Lodi explains how increased capacity within the FIA is helping to reduce timescales, ensure... read more »

Stefano Domenicali believes Formula 1 teams that are caught breaking the championship’s cost cap rules should face sporting sanctions rather than financial penalties. Latst... read more »

Formula One boss Stefano Domenicali has called on the sport's governing body the FIA to hand out sporting sanctions, not financial penalties, to any team that breached the... read more »

Lewis Hamilton says he has agreed the financial terms and length of a contract extension with Mercedes and remains adamant the deal will be confirmed long before the end of the... read more »

It also reflects an intriguing move by Renault to boost the profile of its sportscar brand and eventually generate more income around the F1 project, helped by the involvement... read more »

F1's new financial rules have been hailed as a success at reining in spend by bigger teams since they were introduced in 2021, but problems have since emerged - including... read more »

In fact, this year marks the 45th anniversary of the first race in Montreal, famously also the maiden victory of local hero Gilles Villeneuve.The circuit that was later renamed... read more »

Honda's previous management decided not to renew its Red Bull deal that expired at the end of 2021, right when Red Bull and Honda were starting to harvest the fruits of... read more »

Practice, press conferences, and partner events with the Wall Street Journal to discuss financial growth and business plans. The three staples of the build-up to any Formula 1... read more »

Liberty Media has reported slowed growth in F1 revenue in its Q1 financial report. read more »