The Spanish Grand Prix is set to have its funding from the city of Barcelona cut by 50 percent, according to local media. The council will reduce its contribution towards the... read more »

A necessity to save 35 million was behind the BBC's decision to cancel its contract to televise F1 three years ahead of schedule. read more »

Manor is reportedly offered more than 10 million from the Indonesian government to sign GP2 race winner Rio Haryanto to one of its F1 seats. read more »

The Indonesian government is putting up 15 million euros in a bid to secure an F1 drive for Rio Haryanto in 2016. read more »

Reigning World Champions Mercedes' entry fee for the 2016 season is almost $5 million, as a result of its success in the 2015 campaign. Prior to the start of… read more »

The FIA has confirmed that its plans for an alternative engine for 2017 have been rejected by the F1 Commission. Ferrari's decision to veto a planned €12 million... read more »

The future of the U.S. Grand Prix in Austin is in doubt after the state of Texas announced it would reduce the subsidy it pays to the Circuit of Americas by roughly 20%. The... read more »

Ferrari president Sergio Marchionne has labelled Bernie Ecclestone and Jean Todt's push for cost limits on Formula One engines as "obscene". The FIA recently had... read more »

A UK High Court case against Lotus has been adjourned until December 7 following Renault's confirmation it has signed a letter of intent to purchase the team. Lotus was in... read more »

Romain Grosjean will exit the Lotus F1 Team and join newcomer Haas next season, with an announcement from the Frenchman due next week at the Japanese Grand Prix. Lotus... read more »

In this week's Studio Show we take a look at what you can expect at the Marina Bay Street Circuit for the Singapore Grand Prix this weekend. We've got facts and... read more »

Teams may be able to run year old engines as part of an initiative to save costs, like the Manor-Marussia team have done this year, according to Autosport. Marussia found a... read more »

Bernie Ecclestone is pushing for a buyout of the Lotus team by Renault and last month paid the cash-strapped outfit £1.5 million to cover the wages of 400 staff. Lotus... read more »

Renault are set to complete a takeover of the Lotus outfit next week, Autosport reports, returning the French manufacturer to 'works team' status. The company, which... read more »

On the back of Ferrari re-signing Kimi Raikkonen, it has been reported that Williams wanted "around £10 million to release" Valtteri Bottas... read more »

Paul Hembrey, motorsport director of Pirelli, has admitted that the budget for their Formula 1 efforts mirrors that of a fully fledged team. Pirelli will soon find out whether... read more »

It's F1 summer shutdown so Leandra is in our virtual studio today! Find out what Lewis and Nico have been up to during their summer break and we want you to tell us which... read more »

Despite best efforts, new Australian GP chairman John Harnden says hosting the F1 grand prix will continue to cost about $50 million a year... read more »

The future of the Italian Grand Prix looks to be secure with news that a new deal will be agreed sometime in "early September". The event, held at the Autodromo... read more »

Fernando Alonso is currently the highest paid driver on the Formula 1 grid, earning a reported %u20AC35 million from McLaren... read more »

The annual list of what each driver is earning has been released by Business Book GP, and whilst Fernando Alonso might not be doing so well on the track, his bank account... read more »

Ferrari and Williams have agreed a deal which will see Valtteri Bottas replace Kimi Raikkonen in 2016, Italian media reports. Williams have an option on the Finn for next... read more »

McLaren's Fernando Alonso and Jenson Button have been granted an additional engine each without penalty following a change to the sporting regulations. During... read more »

Since 2008, Join the Pact has been activated in over 40 countries, collecting over 2.4 million commitments and delivering 1.2 million kilometres of safe rides home. With the UK... read more »

FIA president Jean Todt has finally admitted that engine costs in Formula 1 are far too high following the switch from V8 engines to hybrid turbo-V6 power units. The Frenchman... read more »