Pitpass is proud to announce that it has secured significant investment from a consortium of senior and highly-respected business professionals who work in the City of London. read more »

Pastor Maldonado's future looks uncertain following the news that Venezuelan president Hugo Chavez has lost his battle with cancer at the age of 58. Chavez has been a very... read more »

Caterham team principal Cyril Abiteboul says the team is making an "investment" for the future with new reserve driver pairing Alexander Rossi and Ma Qing Hua read more »

Alexander Rossi remains on the road to a full-time F1 role following his confirmation as reserve at Caterham for 2013. read more »

The future of the HRT F1 team looks positive after news that a group of American and Canadian investors are looking to acquire its entry and assets. The Spanish team folded at... read more »

BRDC president Derek Warwick admits that talks to find an investor to help develop Silverstone are going slower than hoped but says financial backers will be found read more »

Force India's deputy team boss Bob Fernley has denied reports the team could be under threat of closure or a takeover due to financial concerns. Italian media reports the... read more »

Red Bull boosted its F1 budget last year due to increased promotion of its back-to-back championships. Perhaps ironically, the more it wins, the more it spends. read more »

Max Chilton will occupy the empty seat at Marussia according to the president of the Russian supercar company which holds a significant stake in the Formula 1 team. Speaking to... read more »

Renault are open to supplying more teams with engines in the near future as long as it doesn't damage the support they offer Red Bull, says Renault-Nissan CEO... read more »

A Singapore billionaire has revealed plans to construct a new circuit in the Iskandar region of Malaysia. The development, which will be known as 'Motorsport City',... read more »

Pirelli are hoping to remain sole tyre supplier for at least another six years in order to maximise the commercial benefits of the deal, according to motosport director Paul... read more »

Tyre-manufacturers Pirelli confirmed the brand’s intention to remain in Formula One for “8-10 years”. Talking to ESPN, Pirelli Motorsport Director... read more »

Lotus F1 owner Gerard Lopez has blamed “angry” potential partners for spreading rumours about the team’s financial situation. It had been rumoured... read more »

Aabar, the Abu Dhabi state investment arm, may have withdrawn at Mercedes in order to buy into the Toro Rosso team. It emerged this week that Aabar had sold back its 40 per... read more »

Vijay Mallya has revealed that Force India will receive a £50 million "capital investment programme" to try and progress up the grid read more »

Force India may have confirmed it will receive £50m worth of investment in recent days but it has yet to announce just who will race for the squad in 2013. read more »

Force India's finances for 2013 have been bolstered following a cash injection of £50 million ($80m) for 2013, giving them an increased budget for the season.... read more »

The Sahara Force India F1 team will benefit from a 50 million investment programme ahead of F1 2013 read more »

Force India boss Vijay Mallya has revealed that a £50m capital investment programme has been made available as the Silverstone outfit aims to take another step forward in 2013. read more »

Force India is set to receive a financial boost ahead of the 2013 season. The team is set to finish seventh in the 2012 championship, although co-owner Vijay Mallya is... read more »

Force India has been given a boost ahead of the 2013 season with the news of the approval of a UKP50 million investment programme read more »

It is looking increasingly likely that the grid will shrink to just 22 cars next season as speculation that the HRT team won't find a buyer in time mounts. The... read more »

The current owners are seeking EUR 40 million for the struggling backmarker HRT, according to the Spanish sports daily AS. The newspaper also revealed that talks with potential... read more »

The HRT team has been put up for sale by its current owners Thesan Capital, who bought the outfit in mid-2011 from former owner Jose Ramon Carabante. The team... read more »