Despite raising eight million euro in funding, Kamui Kobayashi has given up on securing race seat in 2013 and will instead concentrate on securing a drive in 2014. read more »

Kamui Kobayashi has confirmed what many of his fans had feared. The Japanese driver won't be racing in Formula 1 in 2013 after failing to secure a competitive seat.... read more »

Max Chilton will occupy the empty seat at Marussia according to the president of the Russian supercar company which holds a significant stake in the Formula 1 team. Speaking to... read more »

Lewis Hamilton has visited the Mercedes factory for the first time since he signed a £60 million contract with the Anglo-German outfit for 2013 and beyond. Whilst his... read more »

Ron Dennis has revealed that McLaren would have faced a two-year ban from Formula 1 had he taken the FIA to court over the 'spygate' controversy. McLaren were found... read more »

The Texas and local Austin government have released funds from the Major Events Trust Fund (METF) to the organisers of the United States Grand Prix following the success of the... read more »

F1 team Lotus is reportedly close to announcing a multi-million dollar title sponsorship deal with Honeywell, the American technology giant. “It is thought the... read more »

Marussia are on course to debut their 2013 challenger at the first test of the season according to team principal Graeme Lowdon. The team had previously missed the first two... read more »

McLaren's Formula 1 team enjoyed a 44 per cent rise in its annual profits in 2011 according to its latest set of accounts.  The outfit posted profits of... read more »

Bernie Ecclestone is heading to Istanbul this week to begin negotiations which could see Turkey return to the calendar for 2013. The Turkish Grand Prix, held at the Istanbul... read more »

Silverstone is aiming to further invest in its infrastructure ahead of next year's British Grand Prix, with adverse weather conditions affecting the accessibility of... read more »

Red Bull faces a $3.26 million payout on Friday as the deadline for entry fees for next year's Formula 1 world championship closes. read more »

The Marussia F1 Team came close to securing 10th place in the Constructors' Championship, but in the end they left Brazil devastated after losing out to Caterham. The... read more »

Caterham's team principal fully believes his outfit fully deserved tenth place in the Constructors' Championship after a season long battle with Marussia. The team... read more »

Vijay Mallya has revealed that Force India will receive a £50 million "capital investment programme" to try and progress up the grid read more »

Force India's finances for 2013 have been bolstered following a cash injection of £50 million ($80m) for 2013, giving them an increased budget for the season.... read more »

The Sahara Force India F1 team will benefit from a 50 million investment programme ahead of F1 2013 read more »

Force India boss Vijay Mallya has revealed that his team will receive a significant financial boost ahead of the 2013 season... read more »

Force India has received a bonus of 50 million pounds ahead of the 2013 Formula 1 campaign, Team Principal and Managing Director Vijay Mallya announced on Wednesday. Although... read more »

Force India has been given a boost ahead of the 2013 season with the news of the approval of a UKP50 million investment programme read more »

The 2012 Korean Grand Prix made losses of $36.4 million the event's organisers have announced. This year's race was the third running of the event, all three of which... read more »

Korean Grand Prix organisers have announced losses of over $35 million in the third running of the event last month read more »

Fernando Alonso took part in the famous closing of the New York Stock Exchange on Tuesday. The Spaniard took part in a promotional event with Spanish banking giants Santander... read more »

The current owners are seeking EUR 40 million for the struggling backmarker HRT, according to the Spanish sports daily AS. The newspaper also revealed that talks with potential... read more »

Silverstone has completed the refunding process for some 10,000 fans who were forced to miss parts of the British Grand Prix weekend. Poor weather, torrential rain for several... read more »