Seven-time Formula 1 World Champion Lewis Hamilton has joined the ownership group of NFL team Denver Broncos. No financial details of the development were released but the... read more »
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Aston Martin is set to receive major investment from the Saudi Arabian sovereign wealth fund, who will become one of the company's largest shareholder. The British... read more »
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Aston Martin Lagonda Holdings been hit over the past year by financial pressures, debt and a tumbling share price.In May CEO Tobias Moers, who had been headhunted by Stroll... read more »
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Ahead of this weekend's Austrian Grand Prix, this year's third meeting of the Formula 1 Commission was held today which has confirmed some modifications to Formula... read more »
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A meeting of the F1 Commission has resulted in a decision being made regarding calls for the budget cap to be increased in light of inflation. With Formula 1’s financial... read more »
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F1 introduced its first set of financial regulations for the 2021 season, setting an initial budget cap for the year of $145 million per team. This dropped to $140m for 2022,... read more »
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F1 is currently attracting interest from American racing marque Andretti Autosport as a potential 11th entry in the near future.But Andretti's plans have been met with a... read more »
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McLaren boss, and so-called sponsorship guru, Zak Brown insists that, despite the financial crisis, F1 has "never been stronger". read more »
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According to the FIA financial regulations, that is a potential outcome should a team breach the cost cap limit, as several expect to.However, no one knows which penalties from... read more »
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In failing to file its 2021 financial reports on time, Williams has become the first team to be fined for breaching the new regulations. read more »
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Williams has been fined for a procedural breach of Formula 1's financial regulations. It is the first team to have been sanctioned since financial regulations were... read more »
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The FIA said Williams had failed to submit its complete full year reporting documentation from 2021 by the 31 March 2022 deadline, as required by article 5.1 of the... read more »
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Williams have entered into an 'Accepted Breach Agreement' with the FIA, after the team broke the financial regulations applied for the 2021 season. read more »
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The possibility of drivers having their salaries capped under a broadening of the Formula 1 financial regulations is up for discussion. read more »
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Liberty's arrival marked a significant break from the past, replacing Bernie Ecclestone's wheeler-dealer and profit-focused approach with a broader view to growing... read more »
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Red Bull team principal Christian Horner is confident F1 CEO Stefano Domenicali's plan to regionalise the calendar will ease the financial burden on teams. read more »
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It was perhaps inevitable therefore that with the implementation of the FIA financial regulations the focus would move towards how closely those new rules are being... read more »
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Despite the hype, the inaugural Miami Grand Prix was a loss maker, much to the surprise of co-promoter Tom Garfinkel. read more »
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As Michael Andretti seeks official approval for his F1 entry, Liberty Media CEO, Greg Maffei believes there is "no pressing need" for an eleventh team... as the... read more »
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F1 has continued its recovery from the coronavirus pandemic with its first-quarter financial reports showing a 100 per cent rise in revenue from 2021. read more »
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Magnussen and team-mate Romain Grosjean were replaced by rookies Mick Schumacher and Nikita Mazepin for 2021, largely for financial reasons.But after Haas terminated... read more »
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The original plan was an increase from the three staged in 2021 to six this season, but that was derailed by a debate over the financial implications amid a tighter budget cap.... read more »
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These sanctions could include travel and financial restrictions. read more »
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A midfield team punching above its weight with extra financial backing? It's a familiar story to Mike Krack. read more »
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Helmut Marko says Nikita Mazepin should be allowed to race in F1 but not with Uralkali's financial backing. read more »