Formula 1 owners Liberty Media have revealed the severity of 2020 by announcing an $877million drop in revenue for last year. read more »

Formula 1 has unsurprisingly posted its biggest ever loss in Liberty Media's financial results covering the 2020 season, which was badly disrupted by the health pandemic. read more »

Formula 1 has posted a record loss of $386 million as a result of the COVID-19 pandemic, which had a major impact on the 2020 F1 season and therefore the sport’s finances. F1’s... read more »

Formula 1's broadcast in Brazil this year will switch to the Grupo Bandeirantes network, ending Rede Globo's 40-year spell as the championship's broadcaster.... read more »

Ross Brawn has signed a new contract to remain in charge of Formula 1's sporting division under the ownership of Liberty Media. read more »

Formula 1 has announced Frank Arthofer will leave his role as the sport's Director of Digital and Licensing after four years in the position. Arthofer assumed the title... read more »

Bernie Ecclestone has called on Liberty Media and the FIA to "get rid of these bloody silly engines" - also known as 1.6l V6 turbo hybrids. read more »

Catalonia's government has given the green light for officials at the Circuit de Barcelona-Catalunya to ratify a 2021 Formula 1 contract with Liberty Media. Formula... read more »

Liberty Media president and CEO Greg Maffei has paid tribute to outgoing Formula 1 CEO and chairman Chase Carey saying the American "reset the tone" of the sport. read more »

Liberty Media has been encouraged by the number of manufacturers who have expressed an interest in participating in the championship when it introduces a new powertrain in... read more »

Formula 1 says better long-term visibility on the Covid-19 pandemic is needed before a potential Miami Grand Prix can join the championship. Liberty Media has been striving to... read more »

Outgoing Formula 1 CEO Chase Carey says championship chiefs know they must "recognise its history" but not become unwilling to trial changes that could enhance the... read more »

Liberty Media has made a minority equity investment, attributed to the Formula One Group, in Meyer Shank Racing, which competes in the IndyCar Series and IMSA Series. Meyer... read more »

Liberty Media has confirmed that Stefano Domenicali will assume the role of President and CEO of Formula 1 in January, while Chase Carey will move to the role of non-executive... read more »

Liberty Media has confirmed that Stefano Domenicali will replace Chase Carey as Formula 1's President and CEO from the start of 2021. Ex-Ferrari team boss Domenicali was... read more »

Former Ferrari Team Principal Stefano Domenicali is being lined up to replace Chase Carey as Formula 1's new CEO. Carey has headed Formula 1 since the championship was... read more »

There is currently no contract in place for the Circuit de Catalunya to host a Grand Prix in 2021, and that won't change any time soon. read more »

Formula 1 owner Liberty Media's push to cut costs and level the playing field was key to Haas staying in grand prix racing, says team boss Gunther Steiner read more »

Formula One revenues crashed by 96 per cent in Q2 2020 compared to the equivalent period of last year according to the latest set of second-quarter results published by... read more »

There's been a lot of talk about the impending deadline for F1 teams and Liberty Media to sign and agree to the renewed Concorde Agreement, but what is it and how does it... read more »

There's been a lot of talk about the impending deadline for F1 teams and Liberty Media to sign and agree to the renewed Concorde Agreement, but what is it and how does it... read more »

Ferrari and McLaren have committed their racing teams to Formula One until the end of 2025 after signing a new Concorde Agreement with the sport's owners, Liberty Media,... read more »

McLaren has become the first Formula 1 team to publicly confirm that it has signed the new Concorde Agreement. Formula 1’s commercial rights holder Liberty Media has been... read more »

Mercedes Formula One boss Toto Wolff cast fresh doubt on his future on Friday while signalling that the champions were now prepared to sign a new deal with commercial rights... read more »

Formula 1 owners Liberty Media has revealed the startling cost of the Covid-19 pandemic in its second quarterly report of 2020. read more »