Pedro Piquet, son of three-time Formula 1 World Champion Nelson, says he is no longer willing to fund a seat in feeder series, confirming that he will not stay in Formula 2... read more »

Any new team entering F1 will need to pay $200m to the existing ten teams as part of a 'dilution fund'. read more »

Any new teams looking to enter the FIA Formula 1 World Championship from 2021 will have to pay an advance of $200 million (£156m) to rival teams as part of a ‘Dilution Fund’.... read more »

New Formula 1 entrants must pay rival teams a total of $200 million, as part of a prize-money 'dilution find', if they want to join the grid from 2021 read more »

Enzo Ferrari made no secret of the fact that he only ever set up his road car operation so it could help fund his Formula 1 team read more »

Claire Williams has confirmed that the new owner of Williams has no links to ex-Formula 1 supremo Bernie Ecclestone, but would not reveal who is behind the investment fund read more »

Formula One's governing body, the FIA will donate one millions euros from its FIA Innovation Fund to contribute to the WeRaceAsOne initiative that aims to improve... read more »

Formula 1 has established a new foundation to fund internships and apprenticeships for people from underrepresented groups, with the sport's CEO Chase Carey making a... read more »

F1 chairman and CEO Chase Carey has personally pledged $1 million of his own money into a new foundation to help fund apprenticeships for under-represented groups. read more »

Formula 1 is launching a foundation to fund apprenticeships and scholarships to increase diversity in the sport. read more »

While F1 is taking steps to cut costs, Jean Alesi has revealed he has sold his Ferrari F40 in order to finance his son Giuliano's F2 career. read more »

Claire Williams has warned that "not just one or two teams" could drop out of Formula 1 if the prize fund drops significantly due to a shortened calendar. read more »

'Less races means less prize money' was the clear message to come from Formula 1 CEO Chase Carey during a media conference call on Thursday afternoon. read more »

The new format of prize money distribution should allow midfield teams to challenge for more podiums and wins, according to Ross Brawn read more »

Formula 1's midfield teams should be able to make "a small profit" under Liberty Media's new prize-fund plans. read more »

Alex Albon 'did a Verstappen' on Charles Leclerc on the final lap of the Race for the World fundraiser event - several Formula 1 drivers banding together to raise... read more »

A fundraising effort launched by a group of Formula 1 drivers has reached $71,000 after the conclusion of the final Race For The World event on Sunday. On-track action has yet... read more »

As a result of raising over $12,000 for the COVID-19 Response Fund in a charity stream, Lando Norris is set to shave his head. read more »

McLaren Formula 1 driver Lando Norris has agreed to shave off his hair after raising more than $10,000 for the COVID-19 response fund read more »

Esteban Ocon has said that he is not looking to race outside of Formula 1 in 2019 if Williams cannot fund his signing, preferring to test with parent team Mercedes. read more »

Lance Stroll's father has denied offering to fund a deal between Mercedes and Williams but admits he did try to convince Williams to go down that route. read more »

Formula One teams will be granted official entries into the series' second esports championship season in 2018, which includes an NFL-style draft and a $200,000 prize fund... read more »

Renault will not just fund its Formula 1 team until it matches Mercedes, Ferrari and Red Bull because their resources are in "another league", says chief technical... read more »

As Zak Brown urges Liberty to remain strong in money talks, even if it means losing manufacturer teams, how times have changed since Ron Dennis went head to head with Paul... read more »

Gene Haas will look into whether it is still justifiable to fund his F1 Team if the results do not significantly improve within five years. read more »