The collection of 10 yachts on the inside of Turns 6, 7 and 8 of the Miami circuit, which are surrounded by special solid 'vinyl' water, have prompted a flood of... read more »

Reports emerged on Thursday that the seven-time Formula 1 champion and his tennis superstar friend Serena Williams could invest around £10 million each to the consortium that... read more »

Autosport revealed last week that Haas had rejected a request from its former title sponsor, Uralkali, for repayment of funds after its contract was terminated in the wake of... read more »

Lewis Hamilton is committing millions of pounds towards one of the bids to take over Chelsea F.C., according to report. Last month, Roman Abramovich announced that he was... read more »

Where once those outfits with the most money could simply write a big fat cheque to spend their way to bigger and better developments, now that is no longer the case.Primarily,... read more »

The Haas Formula One team has rejected former title sponsor Uralkali's demand for a refund of $13 million and asked for around $8.7 million in compensation from the... read more »

Italy has seized properties worth some €105 million ($114.45 million) owned by Russian former Formula One driver Nikita Mazepin and his oligarch father. read more »

Mick Schumacher's huge crash during qualifying for the Saudi Arabian Grand Prix could end up costing the Haas Formula 1 team up to $1 million.  read more »

Mick Schumacher's crash at the Saudi Arabian Grand Prix could have cost Haas a million dollars to rebuild the car. read more »

Mick Schumacher's crash in last weekend's Saudi Arabian Grand Prix qualifying could be a $1 million hit for Haas, according to team boss Guenther Steiner. read more »

Schumacher had been bidding for a spot in Q3 at Jeddah when he lost control of his VF-22 at the exit of Turn 10 - with the car spinning around and smashing into the concrete... read more »

With teams braced for a major development war as they bid to improve their new 2022 challengers, they are having to carefully judge their spending so they do not bust the $140... read more »

Mercedes chief technical officer James Allison has conceded its car is "falling short" in terms of its competitiveness as it continues to answer "the... read more »

The FIA and FIA Foundation has made a "€1 million contribution" to support the refugees fleeing Ukraine as the Russian invasion continues. read more »

F1's top teams have already had to cut back on spending this year with the budget cap limit reduced by $5 million to $140 million.But their finances are facing extra... read more »

Ferrari have announced that they will donate one million Euros to support the Ukrainians in need after the Italian car manufacturer also revealed that it has stopped building... read more »

Ferrari has announced it has donated €1 million to Ukraine in response to the war with Russia. read more »

There has been a boom in involvement of crypto sponsors in F1 over recent years, with the vast majority of the grid now sponsored by digital currency companies.Most recently,... read more »

Michael Schumacher produced the drive of his life at the 1998 Hungarian Grand Prix and the car he drove has gone up for sale. read more »

Max Verstappen has signed a multi-year extension with Red Bull Racing, which is believed to be worth £40 million per year, according to various reports. Sky Sports reports that... read more »

The respected newspaper De Telegraaf, which has close links to the Verstappen camp, suggested that the Dutch driver is ready to commit to a fresh deal that could be worth up to... read more »

Max Verstappen has signed a lucrative new contract to stay at Red Bull beyond 2023, reported to be worth £40 million a year. read more »

Formula One's Swiss-Italian outfit Alfa Romeo F1 Team ORLEN has confirmed DRF Bets as the team's online and mobile wagering platform partner. DRF Bets is part of... read more »

Formula 1 saw its profits recover in 2021 following a difficult 2020 season, where it posted a $386 million loss because of the coronavirus pandemic. Last year saw the... read more »

Formula 1 has reported a rise in TV audience figures over the 2021 season, with 108 million viewers tuning in to watch the Abu Dhabi championship showdown.  read more »