Haas team principal Guenther Steiner believes the $200 million fee implemented for new teams to join the Formula 1 grid will safeguard the sport as it "incentivises people... read more »

When all was said and done, signing Sebastian Vettel cost Lawrence Stroll an estimated "$40 million" in total. read more »

Toto Wolff has defended Formula 1's $200 million fee for any new entries wishing to join the grid from 2021, believing it gives the existing teams "franchise value" 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 »

McLaren CEO Zak Brown has confirmed teams wishing to join the Formula 1 grid would be required to pay a $200 million fee. read more »

Formula One champions Mercedes spent 333 million pounds ($442 million) in winning both titles last year but still reported a profit, according to the team's published 2019... read more »

Mercedes-Benz Grand Prix Limited, the company which encompasses the Mercedes-Benz AMG Formula 1 team, has released its latest financial results for 2019, which shows it spent... read more »

The 2020 British Grand Prix, broadcast on free-to-air television in the United Kingdom, saw a total of 3.5 million viewers tune in to see Lewis Hamilton take a dramatic victory... read more »

Global crisis leaves world champion believing that now is not the "right time" to be negotiating a new multi-million dollar contract. read more »

Lewis Hamilton has revealed he does not feel comfortable negotiating a new multi-million-pound contract with Mercedes in light of the job losses being experienced due to the... read more »

FIA President Jean Todt delivered a cheque for almost 2 million euros to the International Federation of Red Cross and Red Crescent Societies to support the humanitarian... read more »

A one-in-a-million shot chance occurred on Sunday, when a small piece of rubber hit Mick Schumacher's fire extinguisher emergency trigger, denying him the chance of a... read more »

Romain Grosjean thinks it's "unacceptable" that top Formula 1 drivers like Lewis Hamilton are earning more than £40 million per year while some of his rivals are... read more »

The McLaren Group, which includes the Formula One team, has arranged a £150 million financing facility with the National Bank of Bahrain (NBB), the Gulf bank said on Monday. read more »

McLaren’s short-term future has been secured after confirmation of a £150 million loan from the National Bank of Bahrain (NBB). The British supercar manufacturer and Formula 1... read more »

McLaren has agreed a £150 million loan arrangement with the National Bank of Bahrain to ease short-term cash flow problems which would have impacted its Formula 1 operation read more »

Formula One chairman Chase Carey is donating $1 million to set up a new foundation as part of an initiative to increase diversity in the sport. 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 has released further details of the #WeRaceAsOne initiative, CEO Chase Carey personally donating $1 million to get things moving. read more »

A record-breaking 30 million views of the recent F1 Esports-Virtual Grand Prix series, won by George Russell, have been registered - with organisers declaring the project a... read more »

What would you do if your multi-million dollar F1 car was heading towards the barriers at high speed? Most of us wouldn't produce a stylish spin to avoid the impending... read more »

What would you do if your multi-million dollar F1 car was heading towards the barriers at high speed? Most of us wouldn't produce a stylish spin to avoid the impending... read more »

Racing Point Technical Director Andrew Green has likened the ‘big three’ Formula 1 teams to dinosaurs, saying they will need to adapt to a new world if they’re to survive.... read more »

Arguing for weeks over $5 million, Bernie Ecclestone feels F1's budget cap battle has been "complete rubbish". read more »