Formula One's bottom four teams have each been handed a $20 million capital expenditure boost to help put them on a more level playing field with better-equipped rivals. read more »

The Alpine Formula 1 team have revealed a profit of £26.2 million (US$31.6 million) for the 2022 year, showcasing significant advancements and fiscal success. read more »

Existing teams could stand to lose $11 million per year in prize money if Andretti are successful in their bid to enter F1. read more »

The Aston Martin Formula 1 team faced a substantial financial challenge in the 2022 season, reporting a loss of £53 million. read more »

New Williams team boss James Vowles has passionately sought to give the team a way to catch up on its ageing Grove base's facilities.Under F1's financial rules teams... read more »

Liberty Media, the owner of the Formula 1 group, announced on Wednesday, 6 September that it had acquired a greater than 90% stake in QuintEvents to bolster its Formula 1... read more »

Carlos Sainz and Lando Norris have teamed up to back a new €50 million athlete-driven investment fund alongside Valtteri Bottas and a whole host of athletes from other arenas.... read more »

The FIA Cost Cap Administration has confirmed that all ten teams on the Formula 1 grid were compliant with the financial regulation for the 2022 season. The cost cap, which... read more »

Each team will receive a certificate of compliance for meeting the cap between 1 January 2022 and 31 December 2022, which stands at a base of $135 million plus extras.This... read more »

Haas has this week announced that it will retain driver duo Nico Hulkenberg and Kevin Magnussen for 2024.Team principal Guenther Steiner praised their experience, with Haas... read more »

Charles Leclerc has given his reaction to rumours over the F1 summer break that he signed a record-breaking five-year deal with Ferrari worth £160 million. read more »

Leclerc originally committed his future to Ferrari with a five-year deal in 2019.False stories then emerged over the summer break suggesting he had inked a new £150 million... read more »

Aston Martin have continued their progress towards developing a new Silverstone headquarters for their Formula 1 team, as drone footage shows the next phase of its construction. read more »

Williams team boss James Vowles has been seeking greater capital expenditure freedom for his squad, after discovering that its facilities are well down compared to many... read more »

Closing the deficit to Red Bull has been made a more difficult task due to the introduction of Formula 1's cost cap, believes Ferrari team boss Frederic Vasseur. F1 has... read more »

Red Bull is several million pounds below the F1 cost cap for the 2022 season, according to team principal Christian Horner. read more »

Christian Horner has revealed Red Bull were "several million" below the F1 cost cap in 2022, amid ongoing fieldwork from the FIA into last year's financial... read more »

Stefano Domenicali believes Formula 1 teams that are caught breaking the championship’s cost cap rules should face sporting sanctions rather than financial penalties. Latst... read more »

Valtteri Bottas has joined Lewis Hamilton in becoming the owner of a spectacular Mercedes road car worth $2.7 million. read more »

Fernando Alonso has finally sold his Ferrari Enzo at auction, with the buyer in question paying a whopping €5.4 million for the sought-after supercar. read more »

Esteban Ocon believes the $218 million investment in Alpine by a group including Ryan Reynolds can help the team become an F1 race-winning operation. read more »

Alpine CEO Laurent Rossi has revealed that the team’s new found investment will be spent off the track, rather than on it. It was announced on Monday that the French... read more »

Ryan Reynolds and Rob McElhenney have joined a group of investors to buy a stake in Alpine Racing. read more »

Hollywood stars Ryan Reynolds and Rob McElhenney are part of an investor group that has taken a 24 per cent stake in the Alpine Formula 1 team. The actors are investing... read more »

Mercedes team boss Toto Wolff has revealed that Lewis Hamilton's multi-million dollar contract will be sorted out in "half an hour" over a cup of coffee. read more »